Oracle, a US-based multinational, is mulling over laying off around 20,000 to 30,000 employees, which is approximately 10% of its workforce, CIO reported, citing investment bank TD Cowen. The plans of ...

Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...

Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing research published this week by investment ...

Oracle revealed plans to raise up to $50 billion in debt and equity to finance its massive data center commitments The company's 5-year credit default swaps fell 17% as the likelihood of a credit ...

PARIS, Feb 6 (Reuters) - Pressure rose on Friday on former French culture minister Jack Lang to resign as president of the Arab World Institute over his ties to late convicted sex offender Jeffrey ...

Jack Lang, France’s former culture minister, on Saturday “offered” to resign as head of the prestigious Arab World Institute in Paris after he and his daughter Caroline were mentioned in the latest ...

Oracle stock rose 2% in Monday morning trading after the company announced on Sunday plans to raise $45 billion to $50 billion in the 2026 calendar year. The data center giant said on Sunday it ...

Pardoned Jan. 6 rioter Jake Lang is back in Minnesota, and this time he got arrested. In a video Lang posted to X Thursday, Feb. 5, he is seen kicking over the letters of an ice sculpture reading ...

Feb 1 (Reuters) - Oracle (ORCL.N), opens new tab expects to raise $45 billion to $50 billion in 2026 to build additional ‌capacity for its cloud infrastructure, the software company said on Sunday.

French political veteran Jack Lang has resigned as president of the Arab World Institute (IMA) in Paris amid increasing scrutiny over his past links to disgraced US financier Jeffrey Epstein. The move ...

Former longtime Warner Bros. France exec Caroline Lang has resigned as managing director of France’s Independent Producer Syndicate (SPI) after she and her father, former Culture Minister Jack Lang, ...

France's former culture minister Jack Lang and his daughter Caroline are being investigated by the country's financial crimes prosecutors for "laundering of aggravated tax-fraud proceeds" after the ...