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 ...
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 ...
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, ...
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 ...
The New York Times

Why Oracle Is Worrying Investors About the A.I. Boom

Shares in the technology company are down as investors grow anxious that its bet on artificial intelligence, and OpenAI in particular, may not pay off. By Andrew Ross Sorkin Bernhard Warner Sarah ...
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 ...
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 Motley Fool

Oracle Might Be the Riskiest AI Stock as Bubble Fears Grow

Oracle is aggressively building out AI data centers, most notably for OpenAI under a massive multi-year deal The company's balance sheet is already loaded with debt, and more debt is being piled on to ...
Los Angeles Times

Morgan Stanley warns Oracle its credit protection nearing record high

Oracle’s credit default swaps hit a three-year high in November, surging toward the 2008 record as borrowing costs to insure against company default spike. The tech giant borrowed more than $56 ...
TechCrunch

Washington Post confirms data breach linked to Oracle hacks

The Washington Post has said that it was one of the victims of a hacking campaign tied to Oracle’s suite of corporate software apps. Reuters first reported the news on Friday, citing a statement from ...
Reuters

Washington Post says it is among victims of cyber breach tied to Oracle software

WASHINGTON, Nov 6 (Reuters) - The Washington Post said it is among victims of a sweeping cyber breach tied to Oracle (ORCL.N), opens new tab software. In a statement released on Thursday, the ...
Dark Reading

Oracle EBS Attack Victims May Be More Numerous Than Expected

The list of enterprises targeted by recent Oracle EBS attacks may also include Schneider Electric, Pan American Steel, and Cox Enterprises. Earlier this month, the infamous ransomware-as-a-service ...