Oracle expands its AI database security strategy with new data protection, patching, and cyber resilience tools to help ...
Nissan has disclosed a data breach stemming from the recent zero-day campaign targeting Oracle PeopleSoft customers.
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.
Oracle's latest filings say it employs 141,000 people, down from 162,000 last year.
June 22 (Reuters) - Oracle's total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing ...
Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...
Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex ...
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Instead, investors seem focused on the bill. Oracle's capital expenditures hit $55.7 billion in fiscal 2026 -- above the $50 billion management forecast in March -- and free cash flow came in at ...