The Latest Breaking News from Oracle

Software Stocks Are Divided as AI Creates a Deep Rift Between ‘Haves’ and ‘Have Nots’

The software industry is no longer unified.

Barchart · Aug 28

Oracle 6 a.m. layoff notice: The letter that shocked thousands on March 31. Now many fear they would get one on September 1

On March 31, Oracle executed a massive layoff, affecting thousands of employees worldwide. Notices were sent through email, indicating that numerous positions had been removed. Many workers found their system access terminated almost immediately. Additionally, speculation arises about another significant round of layoffs potentially hitting around September 1, largely attributed…

The Economic Times · Aug 28

'Nvidia is Wildly Undervalued': Michael Burry Goes Long Despite Shuttering His Hedge Fund Over AI Bubble Fears

Michael Burry bought Nvidia call options as a hedge against his AI short positions. He has repeatedly warned of an AI bubble and how tech firms use accounting tricks to inflate balance sheets.

International Business Times UK · Aug 27

Is Mark Ruffalo Antisemitic? Actor Calls Accusation 'Appalling' While Torching $111 Billion Merger

Mark Ruffalo defends his criticism of Israeli PM and Paramount's merger, rejecting antisemitism claims. His social media posts highlight concerns over humanitarian issues and corporate influence.

International Business Times UK · Aug 26

In a divided America, the left and right unite to oppose artificial intelligence data centers

In the small Nebraska village of Murdock, now-paused plans for two potential data centers have sparked the kinds of debates that have raged in cities and towns across the country — and often cut across ideological lines

The Independent UK · Aug 26

Hannah Einbinder defends Mark Ruffalo as Paramount ‘antisemitic’ row explodes

The Hacks star has publicly supported the Marvel actor after his criticism of the Ellison family and the proposed Paramount-Warner Bros. Discovery merger triggered a bitter dispute.

BANG Premier · Aug 25

Nancy Pelosi Invests Heavily in Intel, Bloom Energy: Both Receive Major Trump Admin Support

Nancy Pelosi ramped up investments in red-hot Bloom Energy and Intel stocks, which are directly benefiting from the AI boom and continued support from the Trump Administration.

International Business Times UK · Aug 25

Tech layoffs 2026: More than 175,000 workers laid off as Apple, Microsoft, Oracle, Amazon, Meta, TikTok, Uber, LinkedIn as dozens of companies cut jobs amid AI boom

Tech layoffs are accelerating in 2026 as big companies such as Apple, Microsoft, Oracle, Amazon, Meta, Linkedin, TikTok, Visa and dozens of other mega companies have announced slashing of jobs. Here's why AI, restructuring, cost-cutting and changing business priorities are reshaping the technology workforce. More than 175,000 technology workers had…

The Economic Times · Aug 25

Samsung, SK Hynix stand to benefit as Nvidia AI server costs surge

Server manufacturers notified major data center customers, including Microsoft, Google, and Oracle, that prices for Nvidia-based AI systems would rise by more than 15% in many cases for shipments starting in early 2027. The price adjustments affected systems built on Nvidia's next-generation Vera Rubin and current Grace Blackwell platforms, with…

The Economic Times · Aug 25

Mark Ruffalo fires back at Paramount Skydance after it accuses him of using ‘antisemitic tropes’

Actor says highlighting role of Oracle CEO Larry Ellison in media company’s merger with Warner Bros Discovery has been ‘dishonestly framed as being anti-Israel’

The Guardian - AU · Aug 24