We're more than half way through the year, and there have already been more than 175,000 layoffs across the tech industry — ...
AUSTIN, TX – Cloud giant Oracle, based in Texas, has initiated a massive global restructuring, executing a wave of layoffs characterized by chilling efficiency and suddenness. While the company is ...
The Irish government is reconsidering nuclear power in response to skyrocketing energy demand from the data center market.
Apple has laid off over 200 employees from its Siri and Vision Pro teams as part of a strategic shift towards AI advancements, affecting immersive video and gaming roles.
ORCL trades 42% below Wall Street's $246 consensus target, with $55 billion in AI capex driving free cash flow deeply negative. Oracle's $638 billion remaining performance obligations, up 363% year ...
This week on Ticker Take, we spoke with Michael Monaghan, a portfolio manager with more than two decades of institutional finance experience, including stops at Goldman Sachs, UBS and Carlyle. Notably ...
Paramount's board has approved David Ellison's contingency plan to move headquarters from Hollywood as early as this fall, according to people familiar with the situation.
Larry Ellison is making the kind of bet that either gets studied in business school textbooks or cautionary tale documentaries. The Oracle co-founder has loaded the company up with tens of billions in ...
The U.S. Department of Defense has entered an aggressive new era of spending this year. Before launching into its massive new tech overhauls, it kicked off the momentum with a $266 million ...