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Oracle

Oracle: A Tech Giant's Enduring Legacy Oracle Corporation, a multinational computer technology behemoth, traces its origins to 1977 Santa Clara, California. Co-founded by Larry Ellison, who continues as executive chairman, the company has solidified its position as a global leader in software and cl...

Oracle Overview

Oracle Image Source : Wikipedia
  • Company type Public
  • Industry Enterprise software, Business software, Cloud computing, Computer hardware, Consulting
  • Founded June 16, 1977
  • Founders Larry Ellison, Bob Miner, Ed Oates
  • Headquarters Austin, Texas, United States
  • Area served Worldwide
  • Key people Larry Ellison (executive chairman &amp
  • Revenue US$52.96 billion (2024)
  • Net income US$10.47 billion (2024)
  • Subsidiaries List of Oracle subsidiaries
  • Website www.oracle.com

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Oracle history

Last Updated : 25/03/25, 11:26 AM
Oracle: A Technological Journey Founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates as Software Development Laboratories (SDL), Oracle quickly established itself as a leader in relational database management systems (RDBMS). Inspired by Edgar F. Codd's seminal paper, the company initially aime...

ORACLE NEWS

Oracle, Silver Lake and MGX to be main investors in TikTok US, ByteDance to own 19.9 per cent

September 26, 2025 12:36 am

TikTok, which became available in the US in 2018, was always viewed by Washington with suspicion due to data privacy and censorship concerns.

Oracle to manage TikTok’s algorithm for US users as part of Trump’s deal

September 22, 2025 9:47 pm

In April 2024, the then-US President Joe Biden signed bipartisan legislation before leaving office, requiring ByteDance to sell its assets to an American company or face a ban.

Oracle eyes $20 billion AI cloud computing deal with Meta, source says

September 20, 2025 10:08 am

Oracle unveiled four multi-billion-dollar contracts last week, amid an industry-wide shift, led by companies such as OpenAI and xAI, to aggressively spend to secure the massive computing capacity needed to stay ahead in the AI race.

Moody's flags risk in Oracle's $300 billion of recently signed AI contracts

September 18, 2025 11:09 am

The analysts further noted the company will see its debt increase faster than its EBITDA.

Oracle boosts cloud infrastructure revenue forecast, shares jump 23%

September 10, 2025 1:21 pm

Oracle also said it had signed four multi-billion-dollar contracts with three different customers in the first quarter, helping a 12% increase in revenue to $14.93 billion.

Oracle adds AI pricing features to financial software

February 07, 2025 9:49 am

Oracle has decided to skip the costly race to develop huge AI models and instead works with partners such as Canadian startup Cohere.

Oracle rolls out AI agents for sales professionals

January 22, 2025 8:49 am

Oracle has introduced advanced AI-driven agents designed to support sales teams by automating tasks like record updates and generating insights from multilingual data.

Oracle CEO Larry Ellison surpasses Jeff Bezos to become world's second-richest person

September 17, 2024 1:08 pm

Ellison’s recent rise in wealth comes on the back of a surge in Oracle stock.

Saurabh Netravalkar, techie by day, cricketer by evening: Hero of Team US, from Mumbai

June 17, 2024 10:34 pm

Saurabh Netravalkar is indispensable to Team USA as it co-hosts its first major international cricket tournament.

US Supreme Court sides with Google in copyright fight with Oracle over Android code

April 06, 2021 9:21 am

To create Android, which was released in 2007, Google wrote millions of lines of new computer code. It also used about 11,500 lines of code copyrighted as part of Oracle's Java platform.

ORACLE VIDEOS

Oracle Global CEO calls on PM Modi

February 12, 2016 7:04 am

New Delhi, Feb 12 (ANI): Prime Minister Narendra Modi on Friday met the Global Chief executive officer (CEO) of Oracle Safra Ada Catz in the national capital. The Oracle Corporation is an American global computer technology corporation that primarily specialises in developing and marketing database software and technology, computer hardware systems and enterprise software products.

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