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TechRadar
TechRadar
Craig Hale

Oracle is shutting down its advertising business despite millions in revenues

Oracle Safra Catz
Oracle.

Oracle has announced the closure of its advertising business, marking an end to its ambitious efforts in the online advertising market.

The decision, revealed on its most recent Q4 earnings call, follows a steady decline in revenue, which dropped to $300 million for the 2024 financial years, according to Oracle CEO Safra Catz.

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