Percona and HexaCluster Collaborate to Help Enterprises Migrate off Proprietary Databases

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 ...

Databricks CEO Says He’s Cracked A 40-Year-Old Database Problem With LTAP

At Data + AI Summit, Databricks CEO Ali Ghodsi unveiled LTAP, a new architecture that collapses the 40-year unification ...
Mint

Oracle shares plunge 13% to 4-week low as AI-driven spending plans spook investors

AI Quick Read Shares of Oracle Corp crashed 13% on Thursday, 11 June, falling to a four-week low of $175.3 apiece on the New York Stock Exchange as investor sentiment turned cautious after the company ...
Barron's

Oracle Stock Slumps Premarket on Surging Capex

Oracle shares are in decline Thursday premarket after the software and cloud-computing company reported a more than twofold increase in capital expenditures. Capex for the fiscal year that closed at ...
TheStreet.com

Oracle Q4 2026 Earnings Call: $ORCL falls after announcing $40 billion raise as capex spend exceeds expectations

This concludes TheStreet’s coverage of Oracle’s Q4 2026 earnings. While the hyperscaler bested analyst expectations to cap off its fiscal year 2026, the company also spent more than expected on its ...
Mint

Oracle layoffs: 30,000 job cuts likely by June 15 despite booming cloud, AI growth and strong earnings

AI Quick Read Oracle Corp has moved into the final phase of what is expected to be its largest workforce reduction, with thousands of employees reaching official separation dates between June 1 and ...
MLive

OpenAI, Oracle leaders praise data center south of Ann Arbor, pledge $10M to local center

SALINE TWP., MI — High-profile leaders of Big Tech firms behind the massive and controversial 2.2-million-square-foot hyperscale data center under construction in Saline Township gathered at the site ...
Becker's Hospital Review

VA going live with Oracle Health EHR

The U.S. Department of Veterans Affairs plans to go live April 11 with its new Oracle Health EHR at four medical centers in Michigan, The Detroit News reported April 10. The sites will be Ann Arbor, ...
Fox Business

Oracle hires new CFO with $950K salary as thousands face layoffs

Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...
Wall Street Journal

Shares in Oracle Jump 6% as Layoffs Begin

Oracle stock rose 6% as the cloud-computing and database company began to reduce its work force. The cuts come as Oracle builds out costly data centers for artificial-intelligence development. The ...
Inc

Why Oracle Is Cutting 30,000 Jobs Despite a Massive $6 Billion Quarterly Income

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...