Oracle was sued on Wednesday by bondholders who say they suffered losses because the company chaired by billionaire Larry Ellison failed to disclose it needed to sell significant additional debt to ...
Oracle's Larry Ellison believes the AI race is becoming a commodity due to shared internet data. He argues the future lies in leveraging private enterprise data, a move Oracle is heavily investing in ...
In recent weeks, Oracle has come under pressure after bondholders filed a proposed class-action lawsuit alleging the company did not fully disclose the scale of additional debt it would seek to fund ...
Oracle and OpenAI have plans to build $500 billion of data centers in a venture called Stargate. JPMorgan Chase has seen slower investor interest for $38 billion of debt tied to two Stargate sites.
TikTok's Chinese owner, ByteDance, has effectively transferred ownership of a portion of TikTok's US operations to a majority-American consortium of investors. ByteDance has transferred part of TikTok ...
Paul Meeks, Head of Tech Research at Freedom Capital Markets, says Oracle bondholders have a weak case and the legal worries should fade, with future confidence tied to OpenAI’s fundraising and growth ...
TikTok is now majority-owned by a group of U.S.-backed investors, including Oracle, Silver Lake, and MGX. The app's former owner, Chinese company ByteDance, retains a ...
Oracle stock has fallen more than 50% from its peak as investors have become concerned about the future of AI. Microsoft reported quarterly earnings that edged out expectations, but that simply wasn't ...
Oracle is reportedly facing problems in pursuing its employees to move to its newest office in Nashville. Despite reported promises of tens of thousands of dollars in relocation incentives as well as ...
This premium assisted machine makes every caffeinated drink under the sun, from flat whites to cold brew, but true baristas may itch for more freedom The best espresso machines for your home, tested ...