Oracle Stories
Oracle Has Cut More Than 20,000 Jobs This Past Year as Big Tech Reshapes Its Workforce
The cloud computing giant disclosed in its annual report that its global workforce fell to about 141,000 employees as of May 31, down from roughly 162,000 a year earlier, representing a decline of nearly 13%.
Oracle Shares Drop Sharply as Investors React to Large Capital Raise and AI Spending Plans
Oracle's shares plunged about 11% on Thursday trading after the company disclosed plans for a significantly increased capital raise to finance its growing artificial intelligence and data center expansion.
Trump Aggressively Buys the Dip in Q1 With Over 3,600 Trades; $1M+ Positions in Nvidia, Apple, Oracle
US President Donald Trump strategically executed 3,642 stock trades in Q1, achieving significant returns. Explore his investments in major companies like Nvidia, Microsoft, and Amazon amidst market fluctuations.
U.S. Firms Continue To Slash Jobs Amid Record AI Spending And Mega-Deals
Companies such as Oracle and Meta are laying off thousands of employees while simultaneously investing heavily in AI projects and participating in record-breaking mergers and acquisitions.
Oracle Earnings Beat Expectations as Small Layoff Begins Because of AI
Oracle beats Q3 revenue forecasts, uses AI to boost productivity, restructures teams, and plans job cuts while expanding ambitious AI-driven initiatives.
Oracle Faces Investor Concerns as AI Expansion Triggers Massive Job Reductions
Oracle plans thousands of layoffs as it spends billions expanding AI data centers, raising new concerns among investors about rising costs.
TikTok US Suffers Service Disruption Due to Another Oracle Outage—Here's What It Means
The US operations of TikTok is facing service disruptions, it is all because of an outage involving Oracle.
Who Is the New Owner of TikTok? Inside the $5BN Deal That Saved the App in the US
The future of TikTok in America is secure following a landmark $5 billion (£3.70 billion) deal. A new US-led entity has seized control, ending a high-stakes battle for the app's survival.
'Bonkers' AI Spending Spree Backfires — Google, Meta and Microsoft Debt Hit as Investor Anxiety Deepens
Companies like Google, Meta, and Microsoft are now turning to debt financing to scale up their AI infrastructures to meet market expectations.
Oracle Among Firms Positioned to Back TikTok Deal as US–China Talks Continue: Report
Oracle may help lead a new deal to keep TikTok in the U.S. as talks between the US and China continue.
Who Will Buy TikTok? Trump Confirms Talks With Four Bidders
TikTok's future has been uncertain since a law was enacted on Jan. 19, requiring its owner, ByteDance, to sell the platform due to national security concerns or face a ban.
Trump Says He 'Doesn't Know' If AI Companies Can Fund Massive Plan 1 Day After Announcing It
President Trump admitted he is unsure whether the coalition of AI giants leading the $500 billion Stargate Project has the resources to fully realize it.
Oracle Founder Larry Ellison Praises AI Surveillance State in Video Clip Resurfaced After Trump AI Infrastructure Announcement: 'Citizens Will Be On Their Best Behavior'
The billionaire co-founder of tech company Oracle has expressed excitement about the new era of surveillance he believes will be made possible by AI.
Deadline To File Claim For Oracle Settlement Fast Approaching
The deadline to file a claim for the settlement payout if Oracle in violation of privacy class action suit is on Thursday.
Oracle Founder Larry Ellison Won’t Leave His $97 Billion Fortune To His Kids
As of July 2022, Larry Ellison is the fourth richest person in the United States and the sixth richest person in the world, with an estimated net worth of $97.3 billion.
Oracle Buying Electronic Medical Company Cerner In All-Cash Deal For $28.3 Billion
Oracle will buy electronic medical company Cerner for $28.3 billion in the company's largest deal.
Walmart And Oracle Abandon TikTok Deal Indefinitely
The acquisition has been shelved as talks continue.
Biden Team Asks Court To Pause Move To Ban TikTok In US
Biden team asks court to pause move to ban TikTok in US
Oracle Leaving Silicon Valley For Texas
Oracle leaving Silicon Valley for Texas
TikTok Keeps Ticking In US As Deadline For Asset Sale Passes
The deadline for ByteDance, based in China, to deliver a plan to sell its US operations to American buyers passed, but users could still tap into the smartphone app.
Deadline Looms To Sell US TikTok Platform
Deadline looms to sell US TikTok platform
US Deadline To Sell TikTok Extended To Nov 27
US deadline to sell TikTok extended to Nov 27
TikTok Gets Reprieve As US Holds Off On Enforcing Ban
TikTok gets reprieve as US holds off on enforcing ban
TikTok Files Last-minute Petition Against Trump Order
TikTok files last-minute petition against Trump order
TikTok Owner ByteDance Eyes Asset Listings In Hong Kong: Report
TikTok owner ByteDance eyes asset listings in Hong Kong: report
US Judge Sets Up Fresh Roadblock In Trump Bid To Ban TikTok
US judge sets up fresh roadblock in Trump bid to ban TikTok
TikTok Moves Into Ecommerce With Shopify Partnership
The deal comes amid scrutiny of the China-based app and a pending court hearing on TikTok's future in the United States, where it reaches more than 100 million users monthly.
US Insists On Need To Ban TikTok
Trump's administration insists on banning TikTok due to security concerns in a new court filing ahead of a plan to make the app unavailable on Nov. 12.
TikTok Cracks Down On Hate Of Religions And Races
TikTok cracks down on hate of religions and races
TikTok Bans Content From Far-Right Conspiracy Movement QAnon
The QAnon movement has spread baseless conspiracy theories and received tacit approval from Trump


