Another billionaire executive has come clean about the carnage he has inflicted on his own workforce over the last year in the name of artificial intelligence. Oracle's ultra-rich co-founder and CTO ...

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

Oracle eliminated roughly twenty-one thousand positions worldwide over the past year as it accelerated its shift toward artificial intelligence.

Oracle cut thousands of jobs in order to have more readily available cash it can use for its AI data center buildouts. Note: The views expressed on Mises.org are not necessarily those of the Mises ...

Microsoft held talks to lease cloud infrastructure from Oracle worth over $3 billion Talks fell apart because Oracle’s public cloud lacks FedRAMP security approval Oracle was unwilling to add FedRAMP ...

The ShinyHunters extortion crew exploited an unpatched flaw in Oracle PeopleSoft to break into enterprise systems, steal data, and demand payment to keep it private. The campaign hit universities ...

Security researcher Chaotic Eclipse (aka Nightmare-Eclipse and MSNightmare) has released a new Windows BitLocker bypass dubbed GreatXML, a day after they published an exploit for Microsoft Defender.

Oracle is warning about a critical PeopleSoft Suite zero-day vulnerability tracked as CVE-2026-35273 that allows unauthenticated remote code execution, with the flaw actively exploited in ShinyHunter ...

June 11 (Reuters) - Oracle shares tumbled 12% on Thursday as surging spending and a ballooning debt load fanned investor concerns about the cash burn in the company's push to build out AI ...

Oracle Corp.'s ORCL stock slid over 8% in premarket trading Thursday as investors panicked over a plan to raise $40 billion to fund AI infrastructure, but CNBC’s Jim Cramer is defending the software ...

This concludes TheStreet’s coverage of Oracle’s Q4 2026 earnings. While the hyperscaler bested analyst expectations to cap off its fiscal year 2026, the company also spent more than expected on its ...

The notorious cybercrime group ShinyHunters claimed to have hacked Oracle PeopleSoft servers at more than 100 organizations, many of them universities, a ShinyHunters member told TechCrunch on ...