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ORACLE AGREEMENT
Pentagon awards Oracle nearly $7 billion deal in latest software consolidation pushThe Enterprise Software Agreement, negotiated by the Department of the Navy, is between the Pentagon and Oracle for its on-premises compute...- Oracle Financial Services shares jump 5% on strong Q1 results; PAT soars 121%, revenue up 69%Oracle Financial Services Software shares rose 5% on Thursday. The company reported a 121% year-on-year net income increase. Revenue from o...
- Iren shares jump 16% as $2.8 billion AI cloud deals lift revenue targetIREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU i...
- This US tech billionaire once begged power companies to keep his electricity on, faced rejection from almost every investor, now owns a $300 million Hawaiian islandLarry Ellison, the co-founder of Oracle, once struggled to pay his electricity bills for his computer and faced investor rejection while bu...
- Leading After the FounderWhen the person who built the company steps back, emotions run high—and many organizations stumble. Here’s how to manage the transition.
- 2 reasons why Infosys, TCS and other IT stocks are rising todayIndian IT stocks saw gains on Friday, led by Tech Mahindra's better-than-expected first quarter results. Infosys and HCL Tech also advanced...
- Americans are angry about data centers. Politicians are feeling the pressureJust down the road, though, cranes reach above towering fences at the site of a $16 billion project - one that has turned this town of 2,40...
- Warren Buffett and Bill Gates no longer friends? Why legendary investor skipped donations to Gates foundationWarren Buffett is donating nearly six billion dollars of Berkshire Hathaway stock this year. His annual mid-year donation went to four fami...
- Meta announces $9.17 billion Canada AI data center that will consume electricity equal to 800,000 homesMeta will invest C$13 billion to build its first Canadian AI data center in Alberta. This massive facility will require electricity equival...
- Oracle billionaire Larry Ellison once sued the city of San Jose to land his private jet at midnight—but bought his $490 million megayacht over lattes and two emails and no lawyers were involvedTech billionaire Larry Ellison commissioned his superyacht Rising Sun with just two emails. This deal contrasted sharply with his extensive...
- US makes it easier to export Nvidia AI chips and military equipment to the UAEThe United States has eased export controls on the United Arab Emirates. This change allows easier access to Nvidia AI chips and military e...
- 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...
- Asian stocks fall, oil gains as US strikes IranUS forces launched fresh strikes on Iran, escalating geopolitical risks and sending oil prices up over 2%. This development, coupled with a...
- Friday Quote of the Day by Immanuel Kant: "Live your life as though your every act were to become a universal law"Quote of the Day: Immanuel Kant's quote urges us to consider the universal impact of our daily choices and actions that we make. It suggest...
- 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...
- Donald Trump’s latest trades include Nvidia, Boeing and IntelPresident Donald Trump's financial disclosures reveal substantial stock and bond transactions in major US companies during the first quarte...
- Oracle shares gain 4%, extend rally after AI-driven power deal with Bloom EnergyOracle shares extended gains after a major energy deal with Bloom Energy to secure 2.8 GW of fuel cell capacity for AI-driven data centres....
- Microsoft to rent Texas data center dropped by Oracle and OpenAI: ReportMicrosoft has agreed to rent a data center project in Texas that was originally being developed for Oracle and OpenAI, Bloomberg News repor...
- Oracle has signed a MoU with the government of JharkhandOracle had signed a similar agreement with the government of Maharashtra in April last year.
- Wipro and Oracle launch Process Integration PackWipro Technologies, the global IT services division of Wipro Limited, and Oracle on Tuesday announced the launch of the co-developed Oracle...
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