Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
Oracle (ORCL) raised fiscal 2026 capex guidance to $50B from $35B. Oracle’s stock has nearly halved despite aggressive AI infrastructure buildout. Oracle’s total debt and lease obligations reached ...
CHENNAI: India’s quick service restaurant sector is set for a major consolidation with Devyani International and Sapphire Foods India announcing a strategic merger that will create the country’s ...
The future operator and manager of Kai Tak Cruise Terminal will have to comply with four new key performance indicators (KPIs) announced by the government at the launch of an open tender exercise on ...
TikTok was required to sell its business or cease providing services in the U.S. under the Protecting Americans from Applications Controlled by Foreign Adversaries Act, commonly known as the TikTok ...
A measure of Oracle Corp.’s credit risk climbed on Wednesday after the database company posted a jump in spending on data centers and other equipment, raising fresh doubts about how quickly it can ...
Oracle’s quarterly earnings topped expectations, but revenue came up short. Investors have question whether the company’s artificial intelligence investments are justified. Oracle picked up ...
Oracle ORCL-5.40%decrease; red down pointing triangle has never given up gains this big, this fast. Investors nervous about the scale of capital that technology companies are plowing into ...
The online cruise travel agent Iglu is on the verge of setting sail Down Under in a deal estimated to be worth about £100m. Sky News understands that Iglu shareholder LDC - the private equity arm of ...
Simply sign up to the Technology sector myFT Digest -- delivered directly to your inbox. It’s too soon to be talking about the Curse of OpenAI, but we’re going to anyway. Since September 10, when ...