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OpenAI to acquire Ona to strengthen Codex cloud capabilitiesOpenAI is set to acquire Ona, a cloud execution firm. This move will boost OpenAI's Codex platform, enabling AI agents to run complex, long...
US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investorsOracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...
Explained: Why Oracle shares crashed 10% in extended trading despite earnings beatOracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans ...
Microsoft's Xbox plans for major layoffs next month: ReportThe job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO of the gaming unit in February.
Oracle awarded US contract to provide government-wide HR softwareOracle will provide a cloud-based HR platform to replace the individual systems of agencies, Office of Personnel Management Director Scot...
Oracle's AI spending blows past estimates, raising worries over growing debtOracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ma...
Zoho unveils India-designed server as AI boom pushes up infra costsZoho has launched Nathu La, an indigenously designed server platform. This move aims to reduce infrastructure costs and improve energy effi...
Delhi data centre fire sees Google Cloud reroute traffic network capacityA fire at a third-party data center in Delhi caused network disruptions for Google Cloud customers in multiple Indian cities. The incident ...
Meet Jayshree Ullal: Top-ranked Indian-origin woman on America’s richest self-made list with $6.8 billion net worthJayshree Ullal, ranked No. 7 on Forbes' America's Richest Self-Made Women list with a $6.8 billion net worth, has become a pivotal figure i...
Dixon Tech shares rise as subsidiary enters JV to manufacture optical telecom productsDixon Technologies' shares rose after its subsidiary, Dixon Electroconnect, partnered with Gemtek Technology to form a joint venture. This ...
Will India's AI multibaggers face a reality check as global bubble fears test valuations?India's AI stocks are facing scrutiny as global concerns about a tech bubble grow. Companies linked to data centers and high-performance co...
Elon Musk Net Worth: From $788,800,000,000 today to a possible $1,000,000,000,000 after SpaceX IPO— How much would each of his 14 children get?Elon Musk Net Worth June 2026: According to Forbes, Elon Musk’s fortune stood at approximately $788.8 billion on June 8, 2026. Some project...
UK-based database management firm DSP opens first overseas GCC in Bengaluru, partners GoodWorks GroupUK database firm DSP has launched its first overseas Global Capability Centre in Bengaluru. This marks DSP's entry into India. The new cent...
How Larry Ellison, Masayoshi Son, Michael Saylor AI crypto billionaires reshaping legacy wealth in 2026 markets shift?Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 tril...
Pinterest deepens Amazon partnership with $4 billion cloud dealPinterest is investing heavily in its future with Amazon Web Services. The social media company will spend four billion dollars on cloud se...
Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
Democratic senator wants TikTok US JV, Oracle to answer questions on platform safeguardsSenator Ed Markey has sought answers from TikTok's US joint venture and Oracle. The focus is on the security of American user data and prev...