Oracle reports fiscal fourth-quarter results after the close on Wednesday, June 10. Its backlog of signed contracts has swelled past $550 billion, driven by large AI deals. How fast that backlog grows ...

June 16 (Reuters) - Oracle said on Tuesday that details in a Business Insider report on the collapse of its discussions with Microsoft over a potential leasing deal were inaccurate. The report had ...

Oracle also announced it will raise roughly $40 billion to pay for its data center buildout via a mixture of debut and equity sales. For the fourth quarter, Oracle saw earnings pe ...

Reports over the weekend indicated that Oracle has experienced two separate data breaches in recent months, one affecting Oracle Health customers and another said to result from an exploit targeting ...

Microsoft has reportedly pulled out of a $3 billion Oracle cloud deal over FedRAMP concerns, while Oracle denies claims and confirms continued collaboration.

Microsoft reportedly abandoned a multi-billion dollar cloud infrastructure deal with Oracle due to security and compliance concerns, specifically Oracle's lack of FedRAMP certification. Oracle ...

Oracle's (NYSE:ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year or so, lower than what many equity analysts have forecast, The ...

The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...

Oracle last reported an employee count of about 162,000 in May 2025. With just days until Oracle’s third fiscal quarter results call, reports have emerged that the vendor plans to cut thousands of ...

Oracle is reportedly set to complete nearly 30,000 job cuts by mid-June 2026, even as the company records strong cloud and AI growth and invests heavily in infrastructure.

Microsoft's ⁠discussions with ​Oracle ‌regarding ‌a ⁠cloud infrastructure leasing ⁠deal, potentially ​valued ​at more ⁠than $3 billion, ⁠have ⁠fallen apart ​due to ​security ⁠and ⁠compliance concerns, ...