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The Latest Breaking News from Safra Catz

Oracle CEO Safra Catz steps down from Disney's board after Ellisons' $28 billion Paramount-Skydance deal

Billionaire Larry Ellison is helping to fund the two-step merger.

Fortune

Oracle is shutting down its advertising business despite millions in revenues

Although annual revenue was measured in the millions, that's down from billions, and Oracle has decided to close its ad business.

TechRadar

Larry Ellison's fortune grows $14 billion overnight, making him the seventh-richest person on earth

As Oracle shares hit record highs after it reveals “largest contracts in our history.”

Fortune

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Oracle Stock Soars on OpenAI, Google Deals, Strong Outlook

Oracle stock is trading higher as the software firm's new AI deals and upbeat outlook offset an earnings miss. Here's what you need to know.

Kiplinger

Oracle confirms Microsoft is using its cloud infrastructure to support OpenAI

Oracle reveals half of a data center under construction by the company will be dominated by Microsoft.

TechRadar

Oracle CEO claims its main mission is to "advance humanity"

Digital and cloud migration, including emerging technologies like AI, will help to “advance humanity,” says Oracle CEO.

TechRadar

Anticipating ORCL Earnings: Is Oracle a Buy?

Since the dawn of groundbreaking generative AI platforms, software titan Oracle Corp (ORCL) has surged forward, rapidly expanding its cloud and generative AI services to challenge industry frontrunners. Given this outlook, with the company’s fiscal 2024 third-quarter earnings on the horizon, would it be wise to invest in this stock?…

StockNews.com

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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

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