On the morning of June 25, Oracle began telling roughly 500 of its Romanian employees that their jobs were gone, part of the company’s long-running global reorganisation toward cloud and artificial intelligence. Oracle has not commented publicly on the…
Oracle’s global workforce fell to 141,000 full-time employees as of 31 May 2026, down from 162,000 a year earlier, a net reduction of roughly 21,000 people. The company’s annual regulatory filing stated plainly that “the adoption and deployment of AI t…
The tech giant warned of a security flaw that a cybercrime gang said it’s exploiting as part of a mass-hacking campaign. Google said it notified more than 100 organizations that had potentially vulnerable servers.
Oracle reported fiscal fourth-quarter revenue of $19.2 billion, up 21% year on year, and adjusted earnings of $2.11 per share, beating analyst estimates of $19.1 billion and $1.97 respectively. The numbers were overshadowed by capital expenditure that …
The ShinyHunters hacking gang claims to have compromised the Oracle PeopleSoft servers of more than 100 organizations, including many universities.
Artificial intelligence platforms may be just as susceptible to social engineering as human beings, but they are proving remarkably good at finding security vulnerabilities in human-made computer code. That reality is on full display this month with some of the more widely-used software makers — including Apple, Google, Microsoft, Mozilla and Oracle — fixing near record volumes of security bugs, and/or quickening the tempo of their patch releases.
Some found out they didn’t qualify for WARN Act protections like two-months notice because the company had classified them as remote workers.
Oracle’s stock has fallen nearly 50 per cent since hitting a record in September and dropped 14 per cent in the six sessions through Thursday, its worst stretch in months. Of the 51 Wall Street analysts tracked by Bloomberg who follow the company, 41 h…
Iran said it will target U.S.-linked data centers with new missile strikes, as the war between the U.S. and Iran escalates.
TikTok experienced a similar outage just days after ByteDance divested the app’s U.S. operations.