Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...

Oracle shares sink after annual filing reveals 13% workforce cuts

Oracle’s stock fell on Monday after the company disclosed that it cut about 21,000 jobs, or 13% of its workforce, in fiscal ...
CSOonline

Oracle releases 245 new security patches, all rated ‘high-priority security’

The Oracle Critical Security Patch update (CSPU) released this week contains 245 newly-announced fixes for supported on-premises software, some of which impact multiple products. It is in reaction to ...
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 ...
TechCrunch

Cybercriminals claim breach of Oracle PeopleSoft servers at 100-plus organizations

The notorious cybercrime group ShinyHunters claimed to have hacked Oracle PeopleSoft servers at more than 100 organizations, many of them universities, a ShinyHunters member told TechCrunch on ...
Reuters

Oracle's AI spending blows past estimates, raising worries over growing debt

Oracle plans to raise nearly $40 billion in debt and equity in 2027 Capital spending for 2026 reached $55.66 billion, surpassing Oracle's $50 billion target Analysts highlight investor concerns over ...
Bleeping Computer

Oracle PeopleSoft servers hacked in ShinyHunters data theft attacks

Oracle PeopleSoft servers are being targeted in ongoing data theft attacks by the ShinyHunters extortion gang, which claims to have stolen data from over 100 organizations. PeopleSoft is an enterprise ...
Nextgov

Oracle wins $396M federal HR systems overhaul contract

Get the latest federal technology news delivered to your inbox. The Office of Personnel Management is sticking with the incumbent as the agency moves forward with a plan to modernize human resource ...
Washington Technology

Oracle wins $396M federal HR systems overhaul contract

The Office of Personnel Management is using the contract to consolidate more than 100 systems into a single platform covering 2 million federal employees. The Office of Personnel Management is ...
WSMV

Data giant Oracle to build pedestrian bridge over Cumberland River in Nashville

NASHVILLE, Tenn. (WSMV) - A major data company is planning to build a pedestrian bridge in Nashville. Oracle confirmed this week to WSMV4 that it will build a pedestrian bridge as part of its ...
MLive

Township treasurer resigns, cites ‘threats’ over Oracle, OpenAI data center

SALINE TWP., MI — An elected official the first Michigan community to see construction of a hyperscale data center is resigning over threats. Saline Township Treasurer Jennifer Zink made an emotional ...