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(Bloomberg) --Oracle Corp. shares tumbled after a report that the software maker’s profit margin in its cloud computing business is lower than many on Wall Street have been estimating. While Oracle ...
Investing.com -- Oracle (NYSE:ORCL) stock fell as much as 7% Tuesday following a report from The Information that revealed the company’s AI cloud business operates with razor-thin gross profit margins ...
Oracle has fixed a zero-day vulnerability in one of its flagship business software products that a hacking group is currently abusing to steal personal information about corporate executives. In a ...
EUR/GBP trades stronger near 0.8715 in Monday’s early European session. UK labor market risks grow, which would force the BoE to perform a delicate balancing act in the next meetings. The expectation ...
The UK government has issued a new request for Apple to provide access to encrypted iCloud user data, the Financial Times reports. The report reveals that, in early September, the UK Home Office ...
German investigators have carried out raids in relation to Northern Data AG, the Frankfurt-listed technology firm backed by stablecoin issuer Tether Holdings Ltd. that has been moving away from crypto ...
OpenAI announced on Tuesday that it plans to build five new AI data centers across the United States with partners Oracle and SoftBank through its Stargate project. The new data centers will bring ...
Working with the Japanese conglomerate SoftBank and the cloud company Oracle, the A.I. start-up will spend $400 billion over the next five years. By Cade Metz Reporting from Abilene, Texas. A day ...
Bakersfield’s home market posted gains last month after all, according to revised data showing supply rose, demand flattened overall and the median sale price of new and existing homes in the city ...
Rumor mill: The potential accord with Meta highlights how intensely companies are competing to lock in the resources needed for AI development. As workloads for advanced models increase in complexity ...
Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company’s focus on its rapidly expanding cloud computing business. The 39-year-old ...