A large majority of technology professionals in Southeast Asia are moving their companies away from Oracle’s Java software, driven by rising licensing costs and the need to free up budget for ...

Oracle cofounder Larry Ellison has seen an unrivaled $49 billion wiped off his net worth this year. His fortune shrank by about $9 billion to below $200 billion on Wednesday as Oracle stock slid 5%.

Oracle (ORCL) on Sunday said it expects to raise $45B to $50B in 2026 to build additional capacity for its cloud infrastructure business. Shares in the software company rebounded to gain 4% after ...

Oracle Seeks $50B in 2026 to Fund AI Cloud Growth Your email has been sent The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...

Feb 1 (Reuters) - Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity ‍for its cloud infrastructure, the software company said on Sunday. The company, chaired by ...

TikTok is now majority-owned by a group of U.S.-backed investors, including Oracle, Silver Lake, and MGX. The app's former owner, Chinese company ByteDance, retains a ...

However, Larry Ellison does not actually “control” the TikTok U.S. joint venture or its content-recommendation algorithm. Oracle is one of several investors in the JV and holds a 15% stake. In ...

Larry Ellison, the Jewish founder of Oracle and a major pro-Israel donor, has recently been in the headlines for his media acquisition ventures with his son. The new scrutiny on the family has ...

A major Trump billionaire ally is now the partial owner of the social media platform TikTok. A group of investors including Larry Ellison’s company Oracle agreed to a $14 billion deal to give them ...

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. After a year of nonstop backtracking ...

Co-founder and executive chair Larry Ellison owns more than 40% of Oracle stock, making him by far the largest dividend recipient. At current payout levels, that translates into billions in annual ...

Oracle is planning to build its new world headquarters on a 70-acre riverfront property in downtown Nashville. There is no firm timeline for the project's construction or opening. The campus plans ...