Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.

"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...

Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.

Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex ...

Oracle is set to report earnings Wednesday afternoon, with the cloud computing giant's stock seen making a big swing after the results.

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Instead, investors seem focused on the bill. Oracle's capital expenditures hit $55.7 billion in fiscal 2026 -- above the $50 billion management forecast in March -- and free cash flow came in at ...

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The City of Taylor, Texas, is facing public outcry after residents found out a data center's being constructed on land donated as a public space. Reading time 4 minutes In Akira Kurosawa’s 1952 ...

A licensed attorney with nearly a decade of experience in content production, Valerie Catalano knows how to help readers digest complicated information about the law in an approachable way. Her ...

Donated Texas parkland is now becoming a multimillion-dollar industrial data center project Residents fear the constant industrial noise beside homes built near the former recreational farmland Texas ...