Oracle stock tumbled after its second-quarter report. Heavy spending on AI infrastructure has been slow to boost revenue, and profitability is a question mark. Investors appear to be skeptical of the ...

Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth and big rise in spending Business live – latest updates Oracle’s shares tumbled 15% on Thursday in ...

RUNNING A GIANT software business used to be fun. Sure, coming up with a great product was a grind. But once you had one that customers could not live without—be it Microsoft Office, Amazon.com, ...

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Oracle missed Wall Street estimates for second-quarter revenue and operating profit on Wednesday, a sign that corporate spending on its cloud services may be cooling amid broader concerns of a bubble ...

Oracle’s cloud business will keep growing as the AI boom continues. TSMC will profit from the market’s insatiable appetite for more powerful AI chips. Palo Alto Networks is expanding its cloud and ...

Penn is investigating a cybersecurity breach of its Oracle E-Business Suite servers that compromised the personal information of University-affiliated individuals across multiple states. The breach — ...

Within the modern interdependent economy, financial transactions have changed from a back-office activity to the foundation of business. For companies that span government, engineering, and life ...

US-headquartered GlobalLogic has notified thousands of current and former employees that their data was compromised in a recent large-scale data extortion campaign. According to a notification letter ...

The Washington Post has said that it was one of the victims of a hacking campaign tied to Oracle’s suite of corporate software apps. Reuters first reported the news on Friday, citing a statement from ...

WASHINGTON, Nov 6 (Reuters) - The Washington Post said it is among victims of a sweeping cyber breach tied to Oracle (ORCL.N), opens new tab software. In a statement released on Thursday, the ...