Tech companies don’t necessarily have to be high-flying to be worth owning. For example, companies like Cisco and Oracle may ...

Oracle Corp (NYSE:ORCL) shares are trading lower Wednesday afternoon as investors digest workforce cuts tied to AI adoption.

Percona, a provider of open source database software and services, today announced a partnership with HexaCluster, a PostgreSQL migration and services specialist, to help organizations move off ...

Tech giant Oracle revealed that it has cut tens of thousands of jobs because of artificial intelligence. In its latest ...

When Databricks claimed to have cracked an age-old database problem, it came with a clear marketing message: "One data, zero compromises, zero copies." Inevitably, that led engineers to search for ...

Capital expenditures, largely a measure of data center spending, were about $16.5 billion in the period ended May 31, bringing the annual total to $55.7 billion - higher than Oracle's projection for ...

Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.

Tech leaders are under pressure to satisfy growing demand for AI while keeping a lid on costs. That is becoming harder as ...

One NZ serves 2 million customers with mobile, broadband and satellite solutions, connecting businesses and communities across 99% of New Zealand. As part of its transformation journey, the telco ...

An analysis of projects and local opposition highlights the growing tensions surrounding AI infrastructure in rural ...

Oracle Corp. shares declined by the most in six months after the company reported quarterly capital expenses that were higher than estimates, raising investor concerns about the profitability of the ...

U.S.-based companies announced more than 97,000 planned job cuts in May, marking the highest level for the month since the pandemic-era layoffs of 2020, according to Challenger, Gray & Christmas (1).