Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

Globally, the company has fired around 30,000 employees. US-based IT firm Oracle is believed to have laid off approximately 12,000 staff in India, with another round of layoffs expected within a month ...

Oracle is building some of the most powerful and most cost-efficient AI data centers in the industry, and demand is through the roof. The company has a record $553 billion order backlog from AI ...

Shrapnel from intercepted drones injured four people in Bahrain, authorities said on Saturday, as Iran pressed its attacks on its Gulf neighbours. Separately, two buildings in Dubai were hit by debris ...

Oracle's stock price has fallen more than 50% in just six months. The company's massive backlog suggests the future could still be very bright. Oracle is helping to build out the infrastructure needed ...