Oracle facing possible class action over data breaches impacting millions

The Austin-based tech giant hasn’t complied with the Texas Data Breach Act, which requires notifications, according to court ...

Nearly 3.5M affected in University of Phoenix breach tied to Clop-linked Oracle EBS exploit

The University of Phoenix has confirmed a major data breach affecting nearly 3.5 million current and former students, ...
Reuters

Oracle forecasts miss Wall Street targets while spending rises, shares slide 10%

Oracle's cloud revenue growth may be cooling Oracle's adjusted profit boosted by $2.7 billion Ampere sale Oracle's future contracts rise 14.94% to $523 billion Shares fall 10% in extended trading Dec ...
Yahoo Finance

Oracle's OpenAI data center reports, Circle's bank approval

Yahoo Finance Senior Producer John Hyland tracks Friday's top moving stocks and biggest market stories in this Market Minute. Five crypto firms, including Circle (CRCL), have been approved by ...
Hosted on MSN

University of Pennsylvania joins list of victims from Clop's Oracle EBS raid

The University of Pennsylvania has become the latest victim of Clop's smash-and-grab spree against Oracle's E-Business Suite (EBS) customers, with the Ivy League school now warning more than a ...
The Economist

Oracle and the hard truths about software

RUNNING A GIANT software business used to be fun. Sure, coming up with a great product was a grind. But once you had one that customers could not live without—be it Microsoft Office, Amazon.com, ...
Wall Street Journal

Oracle Shares Tumble as AI Spending Outruns Returns

Oracle ORCL1.10%increase; green up pointing triangle is facing mounting anxiety from investors about how much it’s spending to build out data centers for the artificial-intelligence industry. The ...
The Guardian

Disappointing Oracle results knock $80bn off value amid AI bubble fears

Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth and big rise in spending Business live – latest updates Oracle’s shares tumbled 15% on Thursday in ...
The Motley Fool

Oracle Stock Just Tumbled: Here's One Reason Why

Oracle stock tumbled after its second-quarter report. Heavy spending on AI infrastructure has been slow to boost revenue, and profitability is a question mark. Investors appear to be skeptical of the ...
Inc

Oracle’s Larry Ellison Thinks He’s Identified the Next Big AI Business

“Training AI models on public data is the largest, fastest-growing business in history,” he said. “AI models reasoning on private data will be an even larger and more valuable business. Oracle ...
Reuters

Oracle-Broadcom one-two punch hits AI trade, but investor optimism persists

NEW YORK, Dec 12 (Reuters) - The red-hot trade backing artificial intelligence-related stocks has taken a bruising from back-to-back troubling updates from Oracle and Broadcom, reigniting concerns ...