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The Latest Breaking News from Oracle

Oracle begins to lay off employees as company aims for $1bn in cost cuts

Company reportedly planning more layoffs in Canada, Europe, and India

The Independent UK

Oracle's Larry Ellison can win lawsuit even if he loses

Oracle Corp. Chairman Larry Ellison is slated to testify in a lawsuit in which a loss could still result in a windfall for the company he co-founded and holds a 40% stake in.

Tribune News Service

If our datacentres cannot take the heat, the UK could really go off the rails

It is understandable that railway infrastructure could not cope with last week’s temperatures, but why did Google and Oracle’s facilities go offline?

The Guardian - UK

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Democrats widen scrutiny of tech over abortion data privacy

Democratic lawmakers are widening their scrutiny into the role of tech companies in collecting the personal data of people who may be seeking an abortion, as lawmakers, regulators and the Biden administration grapple with the aftermath of the Supreme Court ruling ending the constitutional protections for abortion

The Independent UK

Moving out: California cities are bleeding residents. How long will the trend last?

During the COVID-19 pandemic, it seemed like everyone knew a co-worker fleeing the Bay Area.

Tribune News Service

Formula Pro Series: Rietveld dominates at Circuit d’Azur

Jeffrey Rietveld’s victory at Circuit d’Azur has lit a fire under the 2022 Formula Pro Series championship battle ahead of the final race.

Motorsport

Next apologises to staff after IT problems cause months of underpaying

Issues with new payroll system led to employees being reportedly underpaid by up to £200 a month

The Guardian - UK

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5 Cheaper Stocks to Help Get Your Feet Wet in Cloud Computing

The growing adoption of big data across industries is boosting the prospects of the cloud computing market. Moreover, cloud infrastructure spending is expected to increase substantially this year. Thus, we think cloud computing stocks Karooooo (KARO), Telefónica (TEF), KT Corporation (KT), Millicom International (TIGO), and Rimini Street (RMNI), which are…

StockNews.com

Check Out What Whales Are Doing With ORCL

A whale with a lot of money to spend has taken a noticeably bearish stance on Oracle. Looking at options history for Oracle (NYSE:ORCL) we detected 13 strange trades.

Benzinga

Oracle Considering $1B in Cuts, Is the Stock Still a Buy?

Oracle (ORCL) recently announced its plans to lay off thousands of employees and cut costs by $1 billion. However, given that the company has been making several strategic advances to boost its cloud infrastructure platform is it worth buying the stock now? Let’s find out….

StockNews.com

Oracle Whale Trades For July 05

Someone with a lot of money to spend has taken a bullish stance on Oracle (NYSE:ORCL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Institutions Traded Millions In Oracle, Coca-Cola Stock This Morning: What Investors Need To Know

At 8:54 a.m.

Benzinga

Formula Pro Series: Csincsik takes R8G Esports’ first victory

Marcell Csincsik led the fourth Formula Pro Series round from start to finish, but behind the leading title rivals clashed.

Motorsport

TikTok Tells US Senators Data Not Shared with Chinese Communist Party

TikTok sought to reassure US senators this week that it is taking all necessary steps to limit access to users' data from outside the United States, including by employees of its parent company, the Chinese group ByteDance. The social media company responded by letter Thursday to questions from nine Republican…

Asharq Al-Awsat

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WEKU

TikTok says it's putting new limits on Chinese workers' access to U.S. user data

TikTok addressed Republican senators who have raised concerns that the Chinese-owned app could be sharing Americans' data with the Chinese government. TikTok says this is not happening.

The Guardian - US

TikTok on defense after report on foreign access of US user data

Republican lawmakers were concerned after a BuzzFeed report showed that non-public US user data was accessed abroad

Benzinga

$100 Invested In Oracle 15 Years Ago Would Be Worth This Much Today

Oracle (NYSE:ORCL) has outperformed the market over the past 15 years by 2.51% on an annualized basis producing an average annual return of 8.72%. Currently, Oracle has a market capitalization of $188.28 billion.

Benzinga

How Is The Market Feeling About Oracle?

Oracle's (NYSE:ORCL) short percent of float has fallen 35.37% since its last report. The company recently reported that it has 13.06 million shares sold short, which is 0.53% of all regular shares that are available for trading.

Get all your
news in one place.

100's of premium titles.
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Benzinga

Will Palantir, Pfizer And Oracle Stocks Continue Higher In This Trend?

Oracle Corporation (NYSE: ORCL), Pfizer Inc (NYSE: PFE) and Palantir Technologies Inc (NYSE: PLTR) were all trading near to fla

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 29, 2022

Upgrades

Benzinga

Chainlink Keepers, Chainlink VRF Are Going Live on Fantom Mainnet

Fantom (CRYPTO: FTM) announced Wednesday that Chainlink (CRYPTO: LINK) Keepers and Chainlink VRF (Verifiable Random Function) are live on the Fantom Mainnet.

Benzinga

This Is What Whales Are Betting On Oracle

Someone with a lot of money to spend has taken a bearish stance on Oracle (NYSE:ORCL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

10 Analysts Have This to Say About Oracle

Within the last quarter, Oracle (NYSE:ORCL) has observed the following analyst ratings:

Benzinga

What Are Whales Doing With Oracle

A whale with a lot of money to spend has taken a noticeably bearish stance on Oracle. Looking at options history for Oracle (NYSE:ORCL) we detected 11 strange trades.

Input

Looks like TikTok was sending U.S. user data to China after all

Leaked calls obtained by 'Buzzfeed News' reveal that engineers in China had access to U.S. data. Now, TikTok claims that all of its data is going to U.S. servers in Texas.

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