Pacific Investment Management Co. (Pimco) is seeking to offload portions of a massive $14 billion debt package linked to Oracle Corp.’s (ORCL) massive data center development in Michigan, according to ...

New details reveal where tech titan Oracle’s layoff axe will fall in the Golden State: 318 workers in Redwood City, 184 in ...

Cloud computing firm Oracle is laying off thousands of employees, CNBC reported on Tuesday, ​citing two people familiar with ...

Oracle has not confirmed how many employees are affected. But investment bank TD Cowen estimates the cuts could total between ...

The full extent of the global layoffs is unclear, but those affected include software engineers in Oracle's cloud computing business Samuel Boivin/NurPhoto via Getty Oracle announced major layoffs on ...

Oracle stock slipped as investors weighed aggressive AI infrastructure expansion against weakening free cash flow trends. Massive backlog growth signals strong demand, but financing needs are raising ...

Microsoft Corp. will occupy a data center project previously earmarked for Oracle Corp. and OpenAI, scooping up 900 megawatts of capacity after the other two companies walked away from the site. The ...

Oracle's fiscal third-quarter revenue was $17.2 billion -- up 22% year over year. The company's remaining performance obligations recently surged past half a trillion dollars. With shares trading at ...

Oracle's latest results have improved investor confidence as it continues to sign more deals for its AI infrastructure. Oracle has adopted a smart strategy of funding data center expansion efforts ...

The old man knows. Austin Reaves was reminded of that lesson after the Los Angeles Lakers defeated the Miami Heat, 134-126, at Kaseya Center on Thursday. The Lakers claimed their eighth straight ...

The U.S. war with Iran is spilling out across the Middle East, putting AI infrastructure at risk and increasingly raising questions about large-scale investments by American tech firms in the region.