Oracle News
Latest articles and news about Oracle on AXL Media.
Latest Articles
- OpenAI Revenue Miss Triggers Internal Rifts and Global Data Center Market Volatility
Published: Apr 30, 2026
Section: AI News & Updates
Reports of slowing growth at OpenAI have sent shockwaves through the financial and technology sectors, leading to a significant sell-off in the data center-linked bond market. Acco...
- Oracle Chairman Larry Ellison Rejects Regret While Embracing Life Lessons from Professional Failures
Published: Apr 10, 2026
Section: Science & Tech
Oracle Corporation co-founder and Chairman Larry Ellison has shared a poignant reflection on the role of setbacks, stating he does not regret a single failure experienced throughou...
- Wisconsin Voters Approve Landmark Referendum to Restrict Massive Data Center Development
Published: Apr 9, 2026
Section: Science & Tech
Residents of Port Washington, Wisconsin, passed a referendum on April 8, 2026, requiring voter consent for data center tax incentives. The vote follows local approval of a 1.3 giga...
- PIMCO in Advanced Talks for $14 Billion Debt Financing of Massive Oracle AI Data Center in Michigan
Published: Apr 8, 2026
Section: Markets
Pacific Investment Management Co. (PIMCO) is reportedly negotiating with Bank of America to provide approximately $14 billion in debt for Oracle's new Saline Township data center c...
- Oracle Appoints New CFO With 29.7 Million Dollar Package Following Global Workforce Reduction Of 30,000
Published: Apr 8, 2026
Section: Companies & Industry
Oracle has named Hilary Maxson as Chief Financial Officer, granting her a lucrative compensation deal including a 26 million dollar equity grant and a relocation allowance. The app...
- Global Tech Sector Slashes 165,000 Jobs While Betting on Unproven Artificial Intelligence Efficiency Gains
Published: Apr 7, 2026
Section: Jobs & Careers
Major technology corporations including Microsoft, Amazon, and Oracle have eliminated over 165,000 positions in the past year to prioritize AI investments. While executives credit...
- Iranian Forces Claim Strikes on Oracle and Amazon Data Infrastructure Amid Expanding Tech Sector Threats
Published: Apr 5, 2026
Section: Iran War
Iran’s Islamic Revolutionary Guard Corps reportedly targeted U.S. technology hubs in Dubai and Bahrain, claiming hits on facilities linked to Oracle and Amazon Web Services. While...
- Rising AI Infrastructure Costs Drive Thousands of New Job Cuts Across Seattle Tech Sector
Published: Apr 4, 2026
Section: Companies & Industry
High-capital expenditures for artificial intelligence development have triggered more than 52,000 layoffs in the technology sector during the first quarter of 2026. Major firms inc...
- Tech Valuation Anomalies Surge as Nvidia and Amazon Trade at Historic Discounts Amid Iran War Volatility
Published: Apr 2, 2026
Section: Markets
Major technology stocks are experiencing unprecedented valuation shifts, with Nvidia’s forward earnings multiple hitting a seven-year low and Amazon trading at a discount to Walmar...
- Tehran Threatens Retaliatory Strikes on Google and Microsoft Facilities Following Israeli Bank Bombing
Published: Mar 11, 2026
Section: Iran War
The Islamic Revolutionary Guard Corps has issued a direct threat against major American technology firms, including Google and Microsoft, in response to an Israeli strike on a Tehr...
- Global Markets Retreat as Resurging Oil Prices and Iran Conflict Fuel New Stagflation Fears
Published: Mar 11, 2026
Section: Americas
Major U.S. stock indices trended lower on Wednesday as international oil benchmarks surged nearly 5% despite a record-breaking emergency stockpile release. Investors remain wary of...
- TikTok U.S. Usage Stabilizes as Initial Fears of Mass User Exodus Prove Overstated
Published: Mar 9, 2026
Section: AI in Politics & Society
The newly formed TikTok USDS Joint Venture has successfully weathered a period of intense volatility, with recent market data indicating that American users are remaining on the pl...