CISA has ordered federal agencies to secure their systems by Saturday against ongoing attacks exploiting a critical ...
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday. In its annual regulatory filing for the fiscal year ...
Attackers have begun exploiting a critical vulnerability (tracked as CVE-2026-46817) in the Oracle E-Business Suite (EBS) financial application, according to threat intelligence company Defused. This ...
Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital expenditures surged 162% in the latest fiscal year, with almost $24 ...
Oracle reduced its workforce by 13% over the past 12 months and cited AI deployment in an annual filing on Monday. The company currently employs 141,000 full-time workers, down from 162,000 the ...
Oracle is spending big on artificial intelligence—to the tune of $70 billion this year alone—in order to build data centers and AI-capable servers. But that AI expansion hasn’t come without a human ...
It has now been more than nine months since Oracle's report for the first quarter of fiscal 2026 (ended Aug. 31, 2025). At the time, its remaining performance obligation (backlog) in fiscal Q1 had ...
Cloud computing giant Oracle has laid off hundreds of Seattle workers since last year, part of sweeping cuts to the company’s workforce. Oracle says artificial intelligence is to blame. The Austin, ...
June 22 (Reuters) - Oracle's (ORCL.N), opens new tab total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring its business, partly ...
Oracle fired 21,000 workers citing AI adoption, but stock down 14% and negative free cash flow of $1.87 billion suggest financial distress. Unlike MSFT and GOOG, Oracle burned $23.7 billion in cash ...
ORCL trades at just 20x forward earnings despite 93% cloud infrastructure growth and $638B in contracted backlog, signaling deep underpricing. Oracle's $800 bull case by 2030 hinges on a 28% EPS CAGR, ...
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