TikTok is set to generate as much as $178 billion in economic activity for American users over the next four years under terms of its pending deal, according to White House Press Secretary Karoline ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...
Oracle Corp. is having a record-breaking day in the stock market after delivering blockbuster guidance that has Wall Street buzzing about the opportunities in artificial intelligence. The database ...
Safra Catz replaced as CEO after 11-year tenure Catz credited with steering AI strategy Cloud execs Clay Magouyrk and Mike Sicilia appointed as co-CEOs New co-CEOs underscore cloud importance, ...
Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider ...
Shares in Oracle soared Wednesday after a blowout quarter in which the tech company won hundreds of billions of dollars of future artificial-intelligence-related business. Shares jumped by as much as ...
Oracle’s days as a laggard in cloud computing are behind it, as the company seemed to remind listeners to its Tuesday earnings call, rattling off one multibillion-dollar deal after another. Core to ...
WASHINGTON (Reuters) -U.S. credit rating agency Moody's Ratings flagged several potential risks in Oracle Corp's $300 billion of recently signed artificial intelligence contracts, but stopped short of ...
Sept 10 (Reuters) - Oracle (ORCL.N), opens new tab shares surged about 43% to a record high on Wednesday, putting the company on track to join the elite trillion-dollar club and propelling co-founder ...