In July 2025, Oracle and OpenAI formalised what is arguably the largest cloud computing deal in history. OpenAI committed to spending $300 billion on Oracle's infrastructure over roughly five years, ...

Massive AI spending is driving AI infrastructure growth, but also pushing up debt. Strong margins and a $553 billion backlog support long-term upside, but execution risks are high. The shift in ...

The 6am layoff emails caught thousands of Oracle employees off guard. But the warning was hiding in plain sight. Oracle's Q3 FY2026 earnings release, filed on March 10—the same week termination ...

Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes ...

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This is read by an automated voice. Please report any issues or inconsistencies here. Oracle, Meta Platforms and Qualcomm have laid off hundreds of California workers, citing investments in artificial ...

Oracle fired up to 30,000 employees globally on 31 March, including an estimated 12,000 in India, in what analysts believe is the largest workforce reduction in the company's nearly 50-year history.

[Editor's Note: Follow Khaleej Times live blog amid US-Israel-Iran war for the latest regional developments.] Dubai authorities have confirmed that a minor incident resulting from the fall of shrapnel ...

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Barbara Friedberg is a veteran investment portfolio manager, fintech consultant, and expert investor. She is a published author of several books. Suzanne is a content marketer, writer, and ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...