Oracle Corp. named Schneider Electric SE executive Hilary Maxson as its chief financial officer to help the company navigate massive data center development plans and an accompanying cash crunch.

As thousands of Oracle employees awoke on Tuesday to an email informing them they were being laid off, the workers likely didn’t know the tech company had been busy trying to hire foreign staff.

Oracle Slashes Thousands of Jobs While Doubling Down on AI Expansion Your email has been sent Oracle has begun cutting thousands of jobs as it seeks to ease investor concerns about the scale of its AI ...

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

WASHINGTON, March 31, 2026 /PRNewswire/ --ORACLE FEDERAL FORUM -- Oracle today announced the availability of Oracle AI Data Platform for US federal agencies. Purpose-built to securely connect industry ...

Microsoft Corp. will occupy a data center project previously earmarked for Oracle Corp. and OpenAI, scooping up 900 megawatts of capacity after the other two companies walked away from the site. The ...

SALINE TWP., MI — Construction of the “Stargate” data center in Saline Township has brought an increase in truck traffic, with some residents and local officials reporting traffic problems. Moving ...

Tire giant Michelin has confirmed a data breach stemming from the massive cybercrime campaign that targeted organizations using Oracle’s E-Business Suite (EBS) solution. The Cl0p ransomware and ...

OpenAI is walking away from expanding its flagship Stargate data center with Oracle because it wants next-generation Nvidia chips at new sites instead. Oracle is the only major player funding the AI ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...

LONDON, Feb 26 (Reuters) - Oracle and Red Bull Racing announced on Thursday a multi-year extension of their data-driven Formula One title partnership and heralded a 'ground-breaking' AI-powered ...