Oracle gave its new CFO $26M in stock after firing up to 30,000 workers. Employee says an 'algorithm' may have targeted those with stock options first

The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.
AOL

Oracle's new CFO got $26M in stock after layoffs. Employee thinks 'algorithm' targeted workers with stock options first

This article adheres to strict editorial standards. Some or all links may be monetized. Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the ...

Democratic senator wants TikTok US JV, Oracle to answer questions on platform safeguards

WASHINGTON, May 29 (Reuters) - Democratic senator Ed Markey on Friday asked a TikTok U.S. joint venture and Oracle to answer questions about the security of the data from Americans using the short ...
SiliconANGLE

Oracle’s new AI bet: Make the AI database the center of agentic workloads

In the race to define enterprise artificial intelligence, most of the industry is looking up the stack — chasing smarter models, bigger benchmarks and more capable generative AI systems. In some ways, ...
Seeking Alpha

Oracle's stake in TikTok US helps foray into consumer business: SA analyst

Oracle's (ORCL) part ownership of the TikTok (TIKTOK) U.S. joint venture would help the company diversify and give it its very first "foray into a consumer business," according to Seeking Alpha ...
Forbes

Oracle’s $10 Billion Bet On AI Sends Shares Down 57% And 30,000 Workers Out The Door

Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. This voice experience is generated by AI. Learn more. This voice ...