Potential layoffs 'largest in Oracle’s recent history', could free up $8b to $10b Mumbai: US tech giant Oracle is planning to cut 20,000 to 30,000 jobs and sell parts of its activities to help finance ...

Oracle (ORCL-N) gained 2 per cent on Monday after Wall Street analysts said the software company’s US$50-billion fundraising ‍plan allays worries over its ability to finance a massive data-centre ...

New Yorkers are getting zapped, again. Con Ed will hike electric bills by 10.4% and inflate gas bill 15.8% – costing the average Big Apple resident an eye-watering $600 more per year by 2028. The ...

WESTCHESTER COUNTY (WABC) -- There has been public pushback against Con Edison's proposed electricity and gas rate hikes. The utility company wants the Public Service Commission to approve a 3-year ...

Oracle (ORCL) is back in the spotlight as it doubles down on AI data center spending tied to OpenAI, a strategy that boosts its long term growth story but sharpens questions around debt and ...

Oracle has denied that it is suffering delays in completing the data centers it is providing to OpenAI. Reports last week suggested that labour and material shortages would delay data center projects ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

Oracle’s results are incredibly impressive. Oracle has a clear runway for future growth. Microsoft has a better risk/reward profile than Oracle. The "Magnificent Seven" stocks have captured the ...

Three months after Larry Ellison briefly became the world’s richest person, a historic slide in Oracle Corp. shares sent his net worth plunging by $24.9 billion. Oracle shares slumped by 11% Thursday ...

Did people complain – and by people, we mean Wall Street – as the world’s largest bookseller invested huge amounts of money to transform itself into an alternative to driving to Wal-Mart? Or, better ...

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, ...

Oracle ORCL-2.62%decrease; red down pointing triangle is facing mounting anxiety from investors about how much it’s spending to build out data centers for the artificial-intelligence industry. The ...