This news comes just a few weeks after Oracle allegedly inked a $300 billion compute deal with OpenAI that surprised the ...
Oracle is embarking on a unique succession experiment: A company worth $870 billion run by 4 leaders
The stakes in Oracle’s unique succession experiment are extraordinarily high. The company’s stock has suddenly rocketed, ...
Oracle is looking to raise $15 billion in corporate bond sales, Bloomberg News reported on Wednesday, citing people familiar ...
Debt investors are more than happy to finance Oracle’s artificial-intelligence buildout. The software company sold $18 billion of new investment-grade bonds on Wednesday, up from initial guidance of ...
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Oracle Shares Slip on Speculation of $15 Billion Bond Sale
Oracle (NASDAQ:ORCL) saw its stock drop more than 2% shortly after Wednesday’s market open amid reports that the software company is considering a $15 billion U.S. investment-grade bond offering.
Cloud computing giant Oracle is laying off 101 employees in Seattle, less than a month after reducing its local workforce. The cuts from the Austin, Texas-based company, disclosed Tuesday in a state ...
The two new CEOs, Clay Magouyrk and Mike Sicilia, bring decades of experience across AI, cloud infrastructure, ...
Oracle has announced it will lay off 101 Seattle employees, according to a Worker Adjustment and Retraining Notification (WARN) filing. The tech giant, headquartered in Austin, Texas, scheduled its ...
In a move that’s become all too familiar in the modern tech industry, Oracle has reportedly laid off thousands of employees worldwide. While the company has yet to officially confirm the total number, ...
(KRON) — As the tech layoffs keep rolling in, Oracle announced plans to cut hundreds of jobs across its Bay Area footprint. The tech giant, which was formerly maintained its headquarters in the Bay ...
With Safra Catz staying involved at Oracle in the role of executive vice chair, investors can expect “a smooth transition” as Clay Magouyrk and Mike Sicilia jointly assume the CEO position.
Layoffs at Oracle have continued into their second month. DCD was first to report significant job cuts in August, which primarily impacted Oracle Cloud Infrastructure (OCI) teams. The second round of ...
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