Oracle is reportedly planning thousands of layoffs as it pours billions into AI data centers, raising investor concerns over costs and long-term cash flow.
Co-founder and chief technology officer of Oracle Corp (NYSE: ORCL), Ellison finished 2025 as the fifth-richest person with a net worth of $247 billion. Three months into 2026, Ellison is the largest ...
This award follows a $581 million contract with Amazon Web Services as the Air Force continues to build out its multi-cloud infrastructure. The Air Force has added another major cloud service provider ...
Did our AI summary help? Oracle India doubled its cloud and artificial intelligence (AI) business in 2025 by rolling out services with the data centres of major hyperscalers including Microsoft Azure ...
Microsoft announced today that the Exchange Web Services (EWS) API for Exchange Online will be shut down in April 2027, after nearly 20 years. EWS is a cross-platform API for developing apps that can ...
Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.
Simply sign up to the Technology sector myFT Digest -- delivered directly to your inbox. It’s too soon to be talking about the Curse of OpenAI, but we’re going to anyway. Since September 10, when ...
Websites and apps affected by the outage included Amazon services like Amazon Music, Prime Video, Ring and Alexa, as well as other platforms such as Snapchat, Roblox, Fortnite, Zoom, Reddit, Signal, ...
Airline websites including Delta and United were among those hit by the Amazon Web Services disruption on Monday. Customers complained they couldn't check in for flights, while others saw reservations ...
Websites and services across the United States and around the world struggled to recover Monday after a problem at Amazon Web Services (AWS) left leading games, publishers, streaming platforms and ...
HDB Financial's asset under management (AUM) saw a year-over-year growth of 12.8 per cent, standing at ₹1,11,721 crore as on September 30, 2025, compared to ₹99,076 crore as on September 30, 2024.
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