Investors have grown worried about how it would fund the data center expansion needed to serve OpenAI and other customers, ...

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center ...

Oracle cofounder Larry Ellison's official residence is now in Manalapan, Florida, not the Hawaii island that he famously ...

Larry Ellison briefly passed Elon Musk to become the richest person in the world for part of one day in 2025. That title was short lived and unlike Musk, who is adding to his net worth in 2026, ...

The Oracle layoffs coincide with Chairman Larry Ellison's plan to build AI data centres for the likes of OpenAI, and compete with AWS and Microsoft Azure.

By Forbes estimates, the elder Ellison, who is also Oracle’s largest shareholder, doesn’t have enough cash on hand to fulfill his part of Paramount’s $111 billion offer for Warner Bros. Discovery.

Oracle is reportedly planning thousands of layoffs as it pours billions into AI data centers, raising investor concerns over ...

According to Reuters, Warner Bros. agreed to be acquired by Paramount Skydance in a $110 billion deal signed Friday, with ...

Oracle Corporation plans mass layoffs affecting thousands of employees to address a cash crunch linked to its AI data center ...

Larry Ellison changed his permanent address to Florida. We've rounded up the most notable pieces of his billion-dollar real ...

Oracle is reportedly planning significant job cuts, potentially thousands, to manage a growing cash crunch fueled by its massive AI data center expansion. This restructuring, costing over $1.6 billion ...

Co-founder and executive chair Larry Ellison owns more than 40% of Oracle stock, making him by far the largest dividend recipient. At current payout levels, that translates into billions in annual ...