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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 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.

Oracle co-CEO Mark Hurd dies at 62

October 19, 2019 9:53 am

Last month, Hurd went on medical leave for unspecified health reasons, while Catz and founder Larry Ellison took over his responsibilities during the absence.

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Oracle to hire workers in India, other centers to expand its cloud business

October 08, 2019 8:56 am

Jobs will be added in Oracle's software development hubs in Seattle, the San Francisco Bay Area and India, as well as near new data centers, said Don Johnson, executive vice president of the Oracle Cloud Infrastructure unit

Oracle founder Larry Ellison steps down as CEO

September 20, 2014 2:03 am

Ellison and the two new co-CEOs each stressed that nothing would change under the new management structure.

Oracle wins copyright ruling against Google

May 11, 2014 4:51 am

What we have is a decision that will definitely shake up the software industry, said Samuelson.

Oracle CEO Larry Ellison's pay drops 18 pct to $78.4 mn

September 21, 2013 10:41 am

Forbes magazine has ranked Ellison as America's third-richest person with personal wealth of $41 bn.

Larry vs Larry: Oracle's Ellison says Google's Page acted 'evil'

August 14, 2013 2:49 am

Larry Ellison,Oracle Corps outspoken chief executive officer,said Google Inc CEO Larry Page acted absolutely evil.

Members of the Jewish community comfort each other near to the Heaton Park Hebrew Congregation synagogue, in Crumpsall, Manchester, England, Thursday, Oct. 2, 2025 after Police reported that two people were killed and three others were seriously injured in a synagogue attack in northern England. (Peter Byrne/PA via AP)

‘Grim reminder of evil forces of terrorism’: India condemns Manchester terror attack

India2 hr ago

India condemns Manchester terror attack on Yom Kippur, the holiest day for Jews. The attack, targeting a synagogue, left 2 dead and many injured. The suspect, killed by police, had explosives. UK PM calls it "vile" attack on Jews and British values, highlighting the ongoing threat of terrorism.

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