"The details mentioned in the article are inaccurate," indicated an Oracle following a Business Insider report claiming that it severed its ties with Microsoft despite citing people familiar with the matter: "Microsoft is both an OCI partner and a customer. We have a tremendously collaborative and fruitful partnership, where we often talk about ways we can expand upon our ongoing work together."
The report claimed that the cloud deal between Oracle and Microsoft was under pressure due to security and compliance concerns, leading to its collapse (via Reuters). According to the dismissed report, the massive cloud deal was worth a whopping $3 billion, arguably one of the largest cloud infrastructure leasing deals.
