New York - Oracle would buy Hyperion Solutions for $3.3 billion (R24 billion) to add programs that helped companies analyse their performance, the world's third-largest software firm said yesterday.
I have to say that it was quite a spectacle to actually see how the incredible surge took Oracle stock from its May bottom to the highs in September, before it all came crashing down over the next ...
Meta has acquired additional land as part of its plans to build a 2GW data center campus in Louisiana. The company announced plans to build a four million sq ft (372,000 sqm) facility known as ...
High-profile investor Hyperion Asset Management has dramatically cut its exposure to software stocks as it attempts to stem the bleeding from what it describes as one of the toughest periods in the ...
Big Tech stocks tried to rally Monday after a week that saw more than $1 trillion wiped from their market caps. Oracle led the gains among the tech names. Market concerns came as companies announced ...
Meta Platforms' (META) auditor Ernst & Young raised a red flag over the social media giant's decision to keep a $27B data center project off its balance sheet in its latest annual report, according to ...
Shares in Oracle, one of the world’s largest computing infrastructure companies, fell by 29.4% in the month to 13 November, as concerns over the feasibility of artificial intelligence (AI) spending ...
Australia’s top technology investors are fortifying their portfolios as the artificial intelligence scare trade sweeps across the sector, eroding years of market-leading returns. The market has grown ...
Oracle plans thousands of job cuts as data center costs rise, Bloomberg News reports Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI ...