Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.

Oracle Corp. has begun laying the groundwork needed to start construction on its new headquarters in Nashville.

Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...

Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.

Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGX TikTok announced on Thursday it had closed a deal to establish a new US entity, allowing ...

The Chinese parent company of the popular video app said a group of non-Chinese investors would create an American TikTok to avoid a federal ban. Credit...Timo Lenzen Supported by By David McCabe and ...

TikTok’s top executive announced to employees that ByteDance, the social-media juggernaut’s parent company, has signed deals to create a U.S. joint venture majority-owned by U.S. companies, Bloomberg ...

TikTok’s long-delayed plan to separate from Chinese parent ByteDance Ltd. was put in motion Thursday when the video sharing sensation said it’s being bought by a group of buyers led by Oracle Corp.

Vanathi S said she had been working a regular 9-5 job, travelling and content creation for over a decade before deciding to quit. (Image credit: @theuntoldtrails ...

Artificial intelligence (AI) was predictably front and centre at Oracle’s revamped and rebranded customer event – which changed its name to AI World from Cloud World in a last-minute switch-up just a ...