TikTok has signed a deal to spin-off its U.S. operations to a group controlled by mostly American investors, including software giant Oracle, a company run by billionaire Trump ally Larry Ellison.
Larry Ellison's wealth took a big hit on Thursday, with $24.9B wiped off his net worth after Oracle's (ORCL) weak guidance and massive AI spending plans pushed its stock down around 11%. Ellison is ...
Three months after Larry Ellison briefly became the world’s richest person, a historic slide in Oracle Corp. shares sent his net worth plunging by $24.9 billion. Oracle shares slumped by 11% Thursday ...
Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
(NEXSTAR) – Cell providers all claim to have the best coverage, fastest speeds or most reliability in their ad campaigns. But who really comes out on top? Data released last month by the Federal ...
(TNS) — West Feliciana Parish is set to receive up to $90 million a year in new revenue through a 30-year agreement with Hut 8, a Miami-based company planning to build a $2.5 billion data center near ...
Michael Cembalest, Chairman of Market and Investment Strategy for J.P. Morgan Asset & Wealth Management, issued a clarification in a new note dated Oct. 16, following a report calling out ORCL debt ...
Oracle Corp.’s NetSuite subsidiary today announced a major overhaul of its cloud enterprise resource planning suite at its SuiteWorld conference, introducing NetSuite Next, a new version of the ...
Under the proposal, the mid-Atlantic grid would turn off power to data centers before ordering rolling blackouts in an emergency. The potential threat to grid reliability from supersize AI data ...
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