Related Digital is finalizing $16 billion of financing for a giant Oracle Corp. data center, after months of stop-and-start negotiations with investors. The developer has been rounding up cash to ...

Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...

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 — President Trump's budget proposal for fiscal year 2027 asks Congress for $1.5 trillion in defense spending — a 42% increase — while cutting nondefense spending by $73 billion, or 10%. The ...

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

Oracle on Tuesday conducted a round of layoffs affecting thousands of employees, citing “current business needs,” according to multiple reports, resulting in a rise in the software maker’s stock as it ...

The White House on Friday proposed a sweeping fiscal year 2027 budget that would dramatically increase military spending to roughly $1.5 trillion while cutting billions from domestic programs, marking ...

Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes ...

Oracle co-founder Larry Ellison (pictured) is one of the world's richest people Tech giant Oracle made "significant" job cuts on Tuesday, according to senior employees posting online. Michael Shepherd ...

President Trump has proposed boosting defense spending to $1.5 trillion in his 2027 budget released Friday, the largest such request in decades, reflecting his emphasis on U.S. military investments ...

Isabel O’Brien is an experienced business journalist who specializes in private equity, infrastructure, and financial misconduct. Westend61 / Getty Images A $1.5 million retirement fund can fall short ...

Oracle founder and potential TikTok overlord Larry Ellison’s current net worth is estimated at $393 billion, making him the second-richest person in the world in 2025, only behind Elon Musk. His ...