Oracle's (ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year ...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Brody Ford looks at one of the downsides of Oracle’s leap into ...
US President Donald Trump is set to sign the TikTok deal later this week after lengthy negotiations culminated in a “tremendous” agreement. The popular short-video app had sparked national security ...
Rumor mill: The potential accord with Meta highlights how intensely companies are competing to lock in the resources needed for AI development. As workloads for advanced models increase in complexity ...
Oracle is spending aggressively on cloud and AI infrastructure, but its free cash flow is already showing strain. High debt and thin liquidity make Oracle more financially vulnerable. Execution risk ...
Oracle has appointed Clay Magouyrk and Mike Sicilia as co-CEOs, signaling a major shift towards its burgeoning cloud computing business. This strategic move comes as Safra Catz transitions to ...
The White House has answered what had been one of the major outstanding questions regarding its pending deal to transfer TikTok’s US operations to a majority American ownership group: Under the ...
The change is part of a deal to bring TikTok under U.S. ownership to avert a looming ban. By Emmett Lindner and Lauren Hirsch The software giant Oracle will oversee the security of Americans’ data and ...
Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider ...
(Reuters) -Oracle is in talks with Meta for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's drive to secure faster access to computing power, a person ...
Microsoft has announced that its Windows 365 Cloud Apps are now available in public preview. This allows IT administrators to stream individual Windows applications from the cloud, removing the need ...
Oracle Corp. today announced a series of new agentic artificial intelligence extensions to its Fusion Cloud Human Capital Management suite, bringing the number of agents in the application to more ...