The Larry Ellison-led software giant is remaking its cloud infrastructure to rival Amazon and Microsoft.

Aaron Kuriloff oversees The Wall Street Journal's award-winning coverage of financial markets.

Oracle reportedly planning massive layoffs involving thousands of employees as AI spending creates cash crunch. Job cuts ...

Larry Ellison briefly passed Elon Musk to become the richest person in the world for part of one day in 2025. That title was ...

Oracle is reportedly planning thousands of layoffs as it pours billions into AI data centers, raising investor concerns over costs and long-term cash flow.

Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...

Oracle Corporation plans mass layoffs affecting thousands of employees to address a cash crunch linked to its AI data center investments. Details here.

A newly formed anti-corruption group sued President Donald Trump over the deal that sold TikTok’s U.S. operation to a group of administration-backed investors.

A pair of tech investors, with the legal backing of a former Justice Department prosecutor, have filed a civil lawsuit ...

A top CBS Mornings producer is leaving the program—a development that comes as CBS News boss Bari Weiss is reportedly seeking ...

Investors have grown worried about how it would fund the data center expansion needed to serve OpenAI and other customers, including Elon Musk’s xAI and Meta.

Mr. Uliyar in fact had dual positions in Health and in the OCI cloud platform. Messrs. Taraki and Romanenko have since gone to EDB, a database software and AI company. Mr. Ford’s article goes into ...