Journalism of Courage
Oracle Corporation
ORACLE CORPORATION NEWS
An Oracle for India’s digital technology policy: 30,000 layoffs are a warning India can’t ignore
April 03, 2026 6:19 pm
As Big Tech sacrifices thousands of workers to fund an AI arms race, India’s "demographic dividend" is hitting a wall of obsolete policy and stagnant domestic demand
Oracle says it’s ‘highly confident’ in OpenAI funding amid Nvidia 'rift' reports
February 04, 2026 9:16 am
Oracle shares slipped after the company’s statement appeared to have the opposite effect and spooked investors who were already angsty about its exposure to OpenAI.
Under investor pressure, Oracle may cut 30,000 jobs to bankroll AI infrastructure: Report
February 03, 2026 8:54 am
While Oracle has not confirmed that it is conducting layoffs, it would not be the first tech giant to slash jobs in response to the mounting pressure to invest in AI.
Who is Rahul Patil, the former Stripe exec chosen as Anthropic’s new CTO?
October 07, 2025 10:34 am
The new CTO hire comes at a time when Anthropic faces pressure to optimise its infrastructure in order to meet growing demand.
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 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 profit up 20% at $1.35 bn
September 18, 2010 2:11 am
IT giant Oracle Corporation has posted a 20 per cent jump in profit to $1.35 billion for the June-August quarter of the 2010-11 financial year.
ORACLE CORPORATION 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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