Oracle is tightening the purse strings to reduce capital needs. They now require for new customers 40% upfront on building infrastructure. Another strategy being explored: requiring customers to buy ...

Oracle’s debt-fueled data center expansion has drawn concerns, prompting a sharp sell-off in its stock in recent months. ・Last year, Oracle raised its 2026 capital expenditure view by $15 billion to ...

In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the company might also sell its healthcare software, Cerner to fund in-house AI ...

Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant ...

VA Deputy Secretary Paul Lawrence says the department is staffing up at sites preparing to use the new Electronic Health Record later this year.

Oracle (NYSE:ORCL) is pursuing a US$45b to US$50b capital raise, split roughly between debt and equity, tied to large AI and ...

According to a report by CIO, citing investment bank TD Cowen, Oracle is considering cutting between 20,000 and 30,000 jobs and may also look at selling parts of its business, including Cerner, the ...

Oracle stock dropped 12 percent on Sept. 12, the steepest drop since 2002, after the software giant reported lower-than-expected revenue, CNBC reported. Oracle executives blamed some of the financial ...

The Department of Veterans Affairs announced on Thursday that it extended its contract with Oracle Cerner to modernize its legacy electronic health record system, with the new 11-month agreement ...

Lawmakers and Veterans Affairs Department officials expect the work to continue as planned, but internal communications indicate that Oracle Cerner laid off the clinical team that worked to implement ...