Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
For years, solar power at home was mostly limited to people who owned their rooftops and could afford the steep upfront costs. But now, a new generation of small, affordable systems — often called ...
Oracle's $300 billion AI infrastructure deal with OpenAI has raised concerns about the company's debt. Oracle will need to borrow heavily to build AI data centers, and OpenAI's ability to pay is an ...
The cost of protecting Oracle Corp.’s debt against default is surging by the most since 2021, as jittery investors and lenders rush to hedge against the billions of dollars the software giant is ...
Just this year, OpenAI alone has made around a $1 trillion-worth of AI deals. Oracle, OpenAI and SoftBank are partners on the ‘Stargate Project,’ a $500 billion AI infrastructure deal. In this article ...
Cl0p-linked threat actors are targeting Oracle E-Business Suite users with spear-phishing emails claiming theft of sensitive ERP data. Oracle E-Business Suite users beware: Hackers may (or may not) ...
The change is part of a deal to bring TikTok under U.S. ownership to avert a looming ban. By Emmett Lindner and Lauren Hirsch The software giant Oracle will oversee the security of Americans’ data and ...
Sept 19 (Reuters) - Oracle (ORCL.N), opens new tab is in talks with Meta (META.O), opens new tab for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's ...
Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology ...
In the late 1970s, a startup founded by Larry Ellison and two fellow computer programmers got a big break in the form of a CIA contract to build a database program code-named Oracle, which later ...
Add Yahoo as a preferred source to see more of our stories on Google. Oracle cofounder, CTO and Executive Chairman Larry Ellison speaks during a news conference with President Trump at the White House ...
As Oracle's stock was soaring following the company's earnings report on Tuesday, analysts were gushing about the numbers and the company's prospects in artificial intelligence. "I'm sort of blown ...
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