Oracle Stock's Worst Month Since 1990: What's Breaking Larry Ellison's Empire? Oracle Corp. (NYSE:ORCL) just gave back everything, and then some. Benzinga · Jul 1
Daylight robbery of Seattle tech The following is a lesson for government agencies of all types and levels across the globe. I remember when Jeff Bezos moved from New York to Seattle to rent a house and start selling books from his garage. He did this at 30 and he wrote the business plan as… Bangkok Post · Jun 30
How global scammers use US tech to fleece people Indian scammer Safeer Koorimannil reveals how AI from American tech giants fuels global fraud rings in Myanmar. Trafficked to a scam center, he used sophisticated software to target thousands daily. The investigation highlights how U.S. technology, from AI models to internet infrastructure, enables these operations, raising questions about company accountability… The Economic Times · Jun 30
Takeaways from AP/'FRONTLINE' investigation into how US tech is abused for global scams Technology from American companies is being used to power a revolution in the scam industry, playing a key role in the industrialization and globalization of fraud in ways that have not been clear until now, an AP/“FRONTLINE” investigation has found The Independent UK · Jun 30
Four days to make victims fall in love: How global scammers use US tech to fleece people Technology from American companies is being used to power a revolution in the scam industry, playing a key role in the industrialization and globalization of fraud in ways that have not been clear until now, an AP/“FRONTLINE” investigation has found The Independent UK · Jun 30
Trump bought up to $5M of stock in Taser company right before $220M ICE bid Police technology manufacturer stands to benefit from administration’s plans to massively expand immigration enforcement The Independent UK · Jun 29
5 Tech Stocks to Buy on the July Pullback Summer 2026 pullbacks have created potential entry points in AMPX, ORCL, SNOW, CRM, and ZS, with analyst consensus targets implying 55% to 80% upside across the group. MarketBeat · Jun 29
'This is a step in the right direction': Oracle set to open up MySQL - but will it be everything developers wish for? Oracle was previously slated over how it handled MySQL – the company now has a new plan to involve the community. TechRadar · Jun 29
Larry Ellison's AI Fortune Keeps Growing While Oracle Cuts Jobs: Here's Why Larry Ellison's wealth is soaring as Oracle's AI infrastructure investments boost investor optimism, despite workforce reductions. Explore the impact of AI on Oracle's share price and future growth. International Business Times UK · Jun 29
Ahead of Market: 10 things that will decide D-Street action on Monday Indian markets closed marginally higher on Thursday after a volatile expiry session, with the Sensex rising 109 points to 77,100.47 and the Nifty gaining 34 points to 24,056 after giving up intraday gains. Sentiment stayed mixed amid profit booking, FII outflows and macro cues, while global equities ended weak. Markets… The Economic Times · Jun 28
Why Reports of a Delayed OpenAI IPO Are Dragging Down ORCL Stock Oracle shares sink on reports that OpenAI is considering delaying its highly anticipated IPO. Here’s why such a development would be bearish for ORCL stock. Barchart · Jun 26
NAIC confirms data breach with ShinyHunters claiming 3.1TB of data stolen in Oracle zero-day attack Insurer regulatory filing documents, customer bulk orders, and more, stolen in a major zero-day supply chain attack TechRadar · Jun 26
Larry Ellison quietly gave $45 million to a pro-Trump group—then Oracle landed a starring role in a $500 billion AI buildout While Big Tech's biggest names have publicly courted President Donald Trump, Oracle's billionaire cofounder took a quieter route—one that has reportedly tracked with major wins for his company and his son's media empire. Fortune · Jun 25
Oracle Signals More AI-Led Layoffs After 21,000 Job Cuts and $1.8 Billion Severance Bill Oracle has cut 21,000 jobs due to AI integration, spending $1.84 billion on restructuring. The company warns of further reductions as AI reshapes workforce needs. International Business Times UK · Jun 24
The Independent UK · Jun 23 Oracle reveals 21,000 layoffs in last year were due to AI The Texas-based cloud company disclosed nearly $2 billion in severance and restructuring expenses tied to workforce reductions, which began in March
Barchart · Jun 23 ORCL Stock Layoffs: What to Know as Oracle Cuts 21,000 Jobs Summary: Oracle has laid off about 13% of its global workforce over the past fiscal year. Are these job cuts bullish or bearish for ORCL shares’ long-term thesis? Let’s find out!
MarketBeat · Jun 23 Oracle’s Sell-Off Looks More Like a Mispricing Than a Warning Oracle is a critical AI infrastructure play with a growing backlog to be recognized over the next two to five years, providing ample upside potential.
Tom’s Guide · Jun 23 21,000 jobs gone in a year: Oracle becomes the latest tech giant to cut workers due to AI adoption Oracle, a multinational technology company, is the latest company to offload a large number of its workers as it sets its sights on using AI more in its operations.
TechRadar · Jun 23 Oracle admits it has cut 21,000 jobs, admits 'deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce' Oracle has laid off around 12,000 workers, and admits AI is partly to blame.
International Business Times UK · Jun 23 $350 Billion Wipeout: Trillionaire Elon Musk Breaks World Record for Biggest Wealth Loss Ever as SpaceX Slumps Elon Musk has lost an estimated $350bn in a week after a steep slide in SpaceX shares slashed his paper fortune from about $1.45tn to just under $1.1tn.
International Business Times · Jun 23 Oracle Has Cut More Than 20,000 Jobs This Past Year as Big Tech Reshapes Its Workforce The cloud computing giant disclosed in its annual report that its global workforce fell to about 141,000 employees as of May 31, down from roughly 162,000 a year earlier, representing a decline of nearly 13%.
Tom’s Hardware · Jun 23 Oracle lays off 21,000 employees in just 12 months due to AI adoption and costly AI infrastructure ambitions — says layoffs will continue as internal AI deployment grows Oracle cut 21,000 jobs in fiscal year 2026 as AI automation and AI cloud expansions reshape its workforce and spending strategy.
International Business Times UK · Jun 23 Is AI Coming For Your Job? Concerns Mount As Oracle Lays Off Another Batch of 21,000 Employees Oracle has cut 21,000 jobs globally, attributing the reductions to AI deployment. The company spent £1.36bn on severance and restructuring, highlighting the financial impact of its AI expansion.
France 24 · Jun 23 US waives Iran oil sanctions as part of 60-day peace negotiations The United States temporarily waived sanctions on Iranian oil exports on Monday, opening the door for Tehran to return to global energy markets as negotiations between the two countries continue. In this edition, we look at the impact this has had on oil prices, while also examining major job cuts…
The Economic Times · Jun 23 Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoption AI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in response to various factors, including management and product changes, performance issues, strategic shifts and acquisitions.