A large majority of technology professionals in Southeast Asia are moving their companies away from Oracle’s Java software, driven by rising licensing costs and the need to free up budget for ...

Oracle revealed plans to raise up to $50 billion in debt and equity to finance its massive data center commitments The company's 5-year credit default swaps fell 17% as the likelihood of a credit ...

Tech major Oracle is reportedly planning to cut as many as 20,000 to 30,000 jobs globally, as the company looks to redirect resources towards building Artificial Intelligence data centres, a report by ...

Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...

Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure. Despite a stalled Nvidia deal, Oracle remains confident in OpenAI's funding ...

Oracle stock rose 2% in Monday morning trading after the company announced on Sunday plans to raise $45 billion to $50 billion in the 2026 calendar year. The data center giant said on Sunday it ...

Oracle (ORCL) just made a bold move that’s sending mixed signals to investors. The software giant announced a $20 billion equity distribution agreement, effectively allowing itself the flexibility to ...

Oracle may take drastic cost-cutting steps to improve its cash flow stress. In the cost-cutting move, the software giant may reduce its workforce by 20,000 to 30,000 for AI data-centre expansion. The ...

Oracle stepped back into the US high-grade market on February 2 to raise US$25bn as part of a larger US$50bn debt and equity financing as the enterprise software company sought to hold on to its ...