Even without the $1 million bonus he earned last year for "significant contributions to Oracle's legal strategy and successes," Chief Legal Officer Stuart Levey's pay jumped 8% in fiscal 2025 to $14.7 ...
Oracle is establishing itself as a key player in the artificial intelligence sector, securing contracts with major tech companies. The company announced its future "world headquarters" will be located ...
Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was instrumental in shaping the company's cloud strategy and thrusting it to the forefront of the ...
Sept. 22 (UPI) --The social media platform TikTok soon will be U.S.-based, according to a purported preliminary deal to keep the popular app operating for American users. A joint venture with software ...
Sept 19 (Reuters) - Oracle (ORCL.N), opens new tab is in talks with Meta (META.O), opens new tab for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's ...
Meta Platforms (NASDAQ:META) is reportedly considering the use of Oracle's (NYSE:ORCL) cloud services for training and deploying artificial intelligence models in a multiyear deal worth approximately ...
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 ...
Oracle is in discussions with Meta Platforms for a cloud computing deal worth about $20 billion. Under the multiyear deal, Oracle would provide the social media giant with computing power for training ...
American technology company Oracle was founded over 50 years ago and it has remained relatively quiet since the artificial intelligence (AI) bubble inflated and took off in 2022. That was until a ...
Ellison owns over 40% of Oracle and has largely benefited from the stock’s rapid rise in recent years. Oracle’s capital-intensive approach to cloud infrastructure is risky and takes buy-in from key ...
(Bloomberg) — For anyone concerned that artificial intelligence is fueling a bubble in technology stocks, Oracle Corp. (ORCL) has entered the conversation. Shares of the database software company have ...
When Oracle Corp. announced its latest quarterly results on Tuesday, the company’s chief executive, Safra Catz, made an announcement that astounded investors and sent analysts scrambling to increase ...