- Oracle Health Breach Compromised Data of 20 Million People
A cybersecurity breach last year of Oracle Corp.’s healthcare unit compromised personal information belonging to nearly 20 million people, according to information released by the Texas attorney general.
Legal·1 article / 1 outlet·1d ago
- Oracle Partners with Nashville Symphony in $10 Million Deal
Oracle has announced a $10 million partnership with the Nashville Symphony, which recently faced financial difficulties. The symphony had paused its season but will now resume concerts thanks to this significant gift from the tech company.
Deals·2 articles / 2 outlets·1d ago·◆ Primary source
- Tencent Leases 100,000 Chips From Oracle To Accelerate AI Push
Tencent has struck a deal to lease 100,000 chips from Oracle to enhance its artificial intelligence capabilities. This agreement allows Tencent to access Oracle's data centres in south-east Asia, positioning the company in a competitive race against rivals ByteDance and Alibaba.
Deals·1 article / 1 outlet·6d ago
- OpenAI's Revenue Rate Hits $70 Billion, Boosting Oracle Stock
Wall Street is cheering AI stocks as OpenAI gets closer to a revenue milestone. Oracle stock jumped following a report that OpenAI's annualized revenue rate jumped to $70 billion.
Earnings·2 articles / 2 outlets·7d ago
- Ellison Pledges $9.2 Billion More in Oracle Shares as Collateral
Larry Ellison has pledged 67 million more shares of Oracle Corp. as collateral for personal loans than he had at the same time last year.
Macro·1 article / 1 outlet·11d ago
- Oracle Sends Force Majeure Notice on New Mexico Data Center Project, Stock Drops 7%↩
Oracle has sent a notice citing force majeure to Blue Owl Capital regarding its Project Jupiter data center in New Mexico. This move is aimed at delaying payments if the data center does not come online by 2028.
Legal·2 articles / 2 outlets·11d ago
- Oracle Japan Shares Surge 7% After Record Fiscal First Quarter
Oracle Japan shares surged after the company reported record fiscal first-quarter sales and profits.
Earnings·1 article / 1 outlet·12d ago
- Oracle To Pay Data Centre Investors Despite New Mexico Site Power Issues
Oracle is obligated to make payments related to its 'Project Jupiter' even after issuing a force majeure notice on its New Mexico project. This situation arises as the tech group faces challenges with electricity supply at the site.
Legal·1 article / 1 outlet·12d ago
- MSCI CEO Discusses Investor Trends Amid Global Inflation and Fed Rate Hikes
Henry Fernandez, Chairman and CEO at MSCI, highlighted the current trend of investors diversifying their portfolios, particularly in light of Oracle's recent force majeure notice. He emphasized the implications of heavy borrowing and significant investments related to the long-term AI narrative.
Macro·1 article / 1 outlet·12d ago
- Oracle Shares Drop After Force Majeure Notice on Data Center Project
Oracle's shares fell following reports that the company issued a 'force majeure' notice regarding a data center project. This development raises concerns about potential delays and impacts on Oracle's operations.
Macro·1 article / 1 outlet·12d ago
- Oracle Faces $18bn Data Centre Debt Strain Amid Local Opposition
Investors grow wary of permitting and construction delays as opposition mounts in New Mexico.
Macro·2 articles / 2 outlets·18d ago
- Larry Ellison Cancels Plan to Sell $7.5 Billion Worth of Oracle Stock↩
Oracle founder Larry Ellison has canceled his plan to sell up to $7.5 billion worth of stock in the software company.
Deals·2 articles / 2 outlets·22d ago·◆ Primary source
