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Benzinga

Business

Anusuya Lahiri

Oracle Cloud Layoffs Mirror Big Tech's Cost Controls As AI Bills Climb

Oracle ORCL Brad Sills Microsoft Nasdaq

OracleDeerfield,-,Circa,June,2019:,Oracle,Corporation,Location.,Oracle,Offers

Oracle (NYSE:ORCL) stock dropped on Wednesday amid reports indicating the company has begun cutting jobs in its cloud unit as it works to rein in costs amid heavy AI infrastructure spending.

People familiar with the matter said the company informed affected employees this week that their positions were eliminated, with some cuts tied to performance issues.

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Top stories on inkl right now

Abdul El-Sayed: Democrats must ‘win by massive numbers’ to fend off Trump election denial

Abdul El-Sayed: Democrats must ‘win by massive numbers’ to fend off Trump election denial

Democratic Senate candidate’s remarks come as Trump has long baselessly claimed his 2020 election loss was stolen

The Guardian - US

Ohio animal hospital owner accused of using dead dog’s name to obtain thousands of prescription pills

Ohio animal hospital owner accused of using dead dog’s name to obtain thousands of prescription pills

Dr. Kris L. Taylor and Camille Angulat-Nieto received over 20 prescriptions for ‘Punkin’ a dog that was already dead

The Independent UK

Isaias Leaves More Than 390,000 Alabama and Florida Customers Without Power as Officials Warn About Generator Carbon Monoxide

Isaias Leaves More Than 390,000 Alabama and Florida Customers Without Power as Officials Warn About Generator Carbon Monoxide

Isaias left more than 390,000 Alabama and Florida customers without power. Health officials warn that generator carbon monoxide is a top danger during cleanup.

Florida Appeals Court Orders Hope Florida Grand Jury Report Expunged Over $10 Million Centene Medicaid Settlement Payment

Florida Appeals Court Orders Hope Florida Grand Jury Report Expunged Over $10 Million Centene Medicaid Settlement Payment

A Florida appeals court ordered a grand jury report on $10 million from a Centene Medicaid settlement expunged. What the ruling says and what remains open.

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Federal judge halts ICE detention centre construction at California site over environmental review

Federal judge halts ICE detention centre construction at California site over environmental review

A federal judge has granted a preliminary injunction halting construction of an ICE facility near Gilroy, California. The ruling came in response to a lawsuit filed by California Attorney General Rob Bonta and Santa Clara County. They argued that construction began without an adequate environmental assessment or consultations with local…

The Times of India

Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

Social media platform Meta has 48 hours to respond to claims by Brazil's leftwing candidate and incumbent President Luiz Inacio Lula da Silva's campaign accusing the tech platform of blocking content on the company's platforms. Brazil's Superior Electoral Court on Saturday gave the social media giant 48 hours to clarify…

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Top stories on inkl right now

Abdul El-Sayed: Democrats must ‘win by massive numbers’ to fend off Trump election denial

Abdul El-Sayed: Democrats must ‘win by massive numbers’ to fend off Trump election denial

Democratic Senate candidate’s remarks come as Trump has long baselessly claimed his 2020 election loss was stolen

The Guardian - US

Ohio animal hospital owner accused of using dead dog’s name to obtain thousands of prescription pills

Ohio animal hospital owner accused of using dead dog’s name to obtain thousands of prescription pills

Dr. Kris L. Taylor and Camille Angulat-Nieto received over 20 prescriptions for ‘Punkin’ a dog that was already dead

The Independent UK

Isaias Leaves More Than 390,000 Alabama and Florida Customers Without Power as Officials Warn About Generator Carbon Monoxide

Isaias Leaves More Than 390,000 Alabama and Florida Customers Without Power as Officials Warn About Generator Carbon Monoxide

Isaias left more than 390,000 Alabama and Florida customers without power. Health officials warn that generator carbon monoxide is a top danger during cleanup.

Florida Appeals Court Orders Hope Florida Grand Jury Report Expunged Over $10 Million Centene Medicaid Settlement Payment

Florida Appeals Court Orders Hope Florida Grand Jury Report Expunged Over $10 Million Centene Medicaid Settlement Payment

A Florida appeals court ordered a grand jury report on $10 million from a Centene Medicaid settlement expunged. What the ruling says and what remains open.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Federal judge halts ICE detention centre construction at California site over environmental review

Federal judge halts ICE detention centre construction at California site over environmental review

A federal judge has granted a preliminary injunction halting construction of an ICE facility near Gilroy, California. The ruling came in response to a lawsuit filed by California Attorney General Rob Bonta and Santa Clara County. They argued that construction began without an adequate environmental assessment or consultations with local…

The Times of India

Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

Social media platform Meta has 48 hours to respond to claims by Brazil's leftwing candidate and incumbent President Luiz Inacio Lula da Silva's campaign accusing the tech platform of blocking content on the company's platforms. Brazil's Superior Electoral Court on Saturday gave the social media giant 48 hours to clarify…

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Kelly Clarkson Blasts Brooklyn Store After Employee Allegedly Assumes She Can’t Afford Their Products: ‘You’re An Idiot’

Kelly Clarkson shared an alleged unpleasant shopping experience at a Brooklyn store, prompting fans to react and sparking backlash against the business.

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What Is Jaleel White Worth Decades After Playing Steve Urkel?

For millions of television viewers, Jaleel White will always be Steve Urkel, the suspender-wearing neighbor who became a cultural phenomenon on “Family Matters.” But nearly three decades after the sitcom ended, White has built a career extending far beyond his unforgettable character.

Budget and the Bees

Physicians’ group calls for ban on raw milk – as it’s becoming increasingly popular in the US

As raw milk industry experiences record growth, experts say it might contain pathogens that can sicken people

The Guardian - US

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