Oracle Corp.’s mass layoffs on Tuesday were part of the company’s cost-cutting measures as it continues to build out expensive data centers for powering artificial intelligence. But one aspect of the ...

Oracle laid off thousands of employees yesterday. Numbers vary, with some reports saying up to 30,000 employees. Regardless, the company conducted the mass termination via email. Employees received ...

Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs is in the thousands, according to a ...

Oracle on Tuesday conducted a round of layoffs affecting thousands of employees, citing “current business needs,” according to multiple reports, resulting in a rise in the software maker’s stock as it ...

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...

Oracle is spending aggressively on artificial intelligence infrastructure, with capital expenditure expected to hit $50.64 billion in fiscal year 2026. Free cash flow has turned deeply negative, ...

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 ...

SBS’s “Phantom Lawyer” is on the rise! On March 20, the new fantasy legal drama starring Yoo Yeon Seok and Esom earned its highest Friday viewership ratings yet. According to Nielsen Korea, the third ...

Phantom, a developer of self-custodial crypto wallets particularly popular in the Solana ecosystem, secured a no-action letter from the U.S. Commodity Futures Trading Commission (CFTC), allowing it to ...

The idea of risk sits at the very center of global financial markets. Assets are valued using a “risk-free” interest rate, and an investor’s tolerance in either taking risk on, or shunning it entirely ...

Oracle proved the artificial-intelligence doubters wrong on Tuesday as the company beat expectations on revenue and earnings, while disclosing that it doesn’t expect it will need to take on more ...