Oracle tumbles as tepid forecast fans cloud growth concerns
(Reuters) – Oracle shares fell 9% in premarket trading on Tuesday as another quarter of below-expectations cloud sales and a bleak forecast amplified concerns over …
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Oracle to use Ampere’s newest chips in its cloud offering
By Stephen Nellis (Reuters) – Oracle said on Tuesday that it would use Ampere Computing’s flagship processor chips in its cloud computing service, in a …
Oracle spending ‘billions’ on Nvidia chips this year – Ellison
By Stephen Nellis MENLO PARK, California (Reuters) – Oracle Corp is spending “billions” of dollars on chips from Nvidia Corp as it expands a cloud …
Oracle extends its flagship database to Ampere’s computing chips
By Stephen Nellis MENLO PARK, California (Reuters) – Oracle on Wednesday said that it has modified its flagship database software to work on a new …
Oracle adds generative AI to its human resources software
By Stephen Nellis (Reuters) – Oracle Corp on Wednesday said it is adding generative artificial intelligence features to its human resources software for businesses, aiming …
Oracle cuts hundreds of jobs, rescinds job offers in its health unit – Insider
(Reuters) -Software firm Oracle on Thursday laid off hundreds of employees, rescinded job offers and cut back open positions within its health unit, the Insider …
Oracle Cloud adding tens of thousands of Nvidia chips for AI
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Oracle Corp and Nvidia Corp on Tuesday announced they are expanding their partnership and adding tens of …
Oracle starts job cuts in U.S. – The Information
(Reuters) – Oracle Corp has started to lay off employees in the United States, The Information said on Monday, citing a person with direct knowledge …
Oracle gains EU green light for $28.3 billion Cerner deal
BRUSSELS – U.S. business software maker Oracle Corp has secured unconditional EU antitrust clearance for its $28.3 billion acquisition of U.S. healthcare IT company Cerner …
U.S. taps GM, Oracle, airline CEOs for Homeland Security advisory panel
By David Shepardson WASHINGTON – The U.S. Homeland Security Department said Thursday it was naming the chief executives of General Motors, United Airlines American Airlines, …