Oracle
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Oracle may lay off 30,000 employees as US banks pull back from AI data-center financing
Technology | February 02, 2026 12:02 ISTOracle is reportedly considering up to 30,000 job cuts and asset sales as US banks step back from financing its AI data-center expansion, raising concerns over rising costs and funding challenges.
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Despite India layoffs, Oracle co-founder says AI will 'enhance capabilities, not replace' humans
Technology | October 16, 2025 7:37 ISTOracle co-founder Larry Ellison's statement comes just as the company has reportedly laid off 10 percent of its workforce in India.
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Google alert on new extortion threat: Top executives receive ransom demands claiming stolen data
Technology | October 03, 2025 18:46 ISTCyber threats are intensifying daily. As phishing, malware, and ransomware become standard tactics, hackers are constantly innovating new ways to attack both businesses and consumers. In response to this growing danger, Google has released a shocking warning concerning a newly identified threat.
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Oracle to manage TikTok's US algorithm in new deal with Trump administration
Technology | September 23, 2025 17:41 ISTUS authorities fear that China can manipulate the TikTok algorithm to secretly shape the content on the platform. Under this deal, Oracle will receive a copy of the algorithm and manage the app's security.
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OFSS Share Price: Stock surges 7 per cent after Larry Ellison briefly became world's richest man
September 11, 2025 11:27 ISTOFSS share price: Technically, Oracle Finance Services Software is trading higher than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages.
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Larry Ellison beats Elon Musk to become world's richest person with a net worth of USD 393 billion
Business | September 10, 2025 22:00 ISTLarry Ellison beat Elon Musk to become the world's richest person after a surge in Oracle's stock, raising his net worth to a whopping USD 393 billion.
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Oracle, Salesforce announce fresh job cuts in US as tech layoffs continue
Technology | September 05, 2025 11:04 ISTOracle and Salesforce have announced major job cuts in the US, slashing over 700 roles across California and Seattle. While the companies call it restructuring, the move adds to a long string of tech layoffs since 2022, with thousands of workers affected.
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Oracle layoffs hit India: 10 per cent staff cut, thousands of jobs lost
Technology | August 19, 2025 19:14 ISTOracle has laid off nearly 10 per cent of its workforce in India after sealing a major deal with OpenAI and holding a high-profile meeting with US President Donald Trump. The move, affecting thousands of employees, signals the company’s shift towards AI infrastructure investments in the US.
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Oracle is using generative AI in its office operations: Know how
Technology | June 28, 2023 23:43 ISTThe newly introduced generative AI features are integrated into existing HR processes to deliver faster business value, improve productivity, enhance the candidate and employee experience, and streamline HR operations.
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Oracle lays off hundreds of employees in its Cerner health unit
Business | June 16, 2023 20:04 ISTOracle had acquired healthcare records firm Cerner for $28.4 billion. According to Insider, Oracle paused raises and promotions and "laid off thousands of employees in the unit" as recently as May after the acquisition closed in June last year.
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Tesla proposes a '3-for-1' stock split; Larry Ellison to leave Board
Business | June 11, 2022 13:36 ISTThe company said in late March that was planning to split its stock for the second time in two years. At that time the shares were trading at over $1,000 each.
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Oracle's GoldenGate now a cloud-native, fully-managed service
Technology | April 21, 2021 19:29 ISTCloud major Oracle on Wednesday announced that it's making GoldenGate, its popular real-time data fabric, available as a highly automated and fully-managed cloud service to help ensure that valuable customer data is always available.
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Oracle to move Silicon Valley headquarters to Texas
Business | December 12, 2020 10:34 ISTCloud major Oracle has announced to move its California-based headquarters to Austin, Texas and cited flexibility of employee work as the key reason behind the decision.
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Oracle founder donated $250K to Republican Graham before TikTok deal
Business | October 18, 2020 10:59 ISTIn a surprise move, Oracle and Walmart finally came together to save TikTok from the US ban, forming a new company called TikTok Global which will be headquartered in the US.
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Oracle, Walmart rescue TikTok in US with Trump's 'blessing'
Technology | September 21, 2020 11:22 ISTUS President Donald Trump and some politicians have repeatedly expressed speculation that TikTok poses a national security threat to the country, though no evidence has been provided to support the allegations.
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Trump says looking into Oracle-TikTok deal to ensure no compromise on security
Business | September 17, 2020 8:09 ISTUS President Donald Trump has said he is looking into American major Oracle's reported bid for the Chinese-owned video-sharing app TikTok and want to ensure there is no compromise on national security before approving the deal.
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TikTok to now be taken over by Oracle instead of Microsoft: Know details
Technology | September 14, 2020 11:13 ISTAfter TikTok was banned in India in June, along with 58 other Chinese apps, the Donald Trump administration in the US increased pressure on the ByteDance-owned platform to sell its US operations by mid-September or face a ban.
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Oracle trumps Microsoft to win bid for TikTok operations
Business | September 14, 2020 8:28 ISTMicrosoft has confirmed that ByteDance has rejected its offer to take over TikTok's US operations. Oracle is the only known remaining bidder.
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Now Oracle joins the race to acquire TikTok: Report
Business | August 18, 2020 11:49 ISTIn an interesting turn of events, Cloud major Oracle has entered the race to acquire TikTok as US President Donald Trump issued an executive order to direct China-based ByteDance to sell its TikTok business in the US within 90 days.
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Oracle staff protest Ellison's planned fundraiser for Trump
World | February 19, 2020 19:27 ISTThousands of Oracle employees are calling for co-founder Larry Ellison to cancel a fundraising event he plans to host at his Coachella Valley California estate later on Wednesday for US President Donald Trump.
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