“Data is the lifeblood of any business, and the cloud is the best way to analyze it so that insights become actionable,” said Magesh Bagavathi, Senior Vice President and Global Chief Technology ...

March 5 (Reuters) - Enterprise software company Oracle (ORCL.N), opens new tab is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg ...

This article first appeared on GuruFocus. Applied Digital Corp. (NASDAQ:APLD) is returning to the high-yield market with a $2.15 billion junk-bond offering that could further entrench its position in ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...

Blackstone (BX) is weighing a larger role in financing Oracle's (ORCL) Michigan data center, including a possible debt investment, according to a media report on Wednesday. “Bank of America is leading ...

An alleged data breach at Oracle Health (NYSE:ORCL) could impact several U.S. healthcare organizations and hospitals after a threat entity stole patient data from legacy servers, BleepingComputer ...

Newark, Del.-based ChristianaCare and Oracle Health have been sued over a data breach involving the EHR vendor’s legacy Cerner systems. “We do not comment on pending litigation,” a ChristianaCare ...

Oracle Corp. predicted that a massive data center it’s developing for OpenAI in New Mexico will create more jobs than previously announced, another example of tech companies trying promote positive ...

This story has been updated with more information. SALINE TWP., MI — DTE Energy Co. has accepted all the conditions that the Michigan Public Service Commission (MPSC) outlined in its conditional ...

The University of Phoenix has confirmed a major data breach affecting nearly 3.5 million people. The incident traces back to August when attackers accessed the university's network and quietly stole ...

Shares of Oracle are down big from the all-time high they reached in August. Oracle's AI spending could be viewed as reckless or a bold bet worth taking. Optimists about Oracle's new direction should ...