Oracle is tightening the purse strings to reduce capital needs. They now require for new customers 40% upfront on building infrastructure. Another strategy being explored: requiring customers to buy ...

Oracle may cut 20,000-30,000 jobs and sell Cerner as US banks pull back from AI data centre financing, reports CIO citing TD Cowen research.

Oracle is considering workforce cuts and selling Cerner to alleviate financial pressure, warns investment bank TD Cowen.

Cerner, though acquired in 2022, is nothing to multibillion black hole Oracle could cut up to 30,000 jobs and sell health ...

Oracle (NYSE:ORCL) is reportedly planning to raise about US$45b to US$50b in debt and equity to fund large scale AI and cloud ...

VA Deputy Secretary Paul Lawrence says the department is staffing up at sites preparing to use the new Electronic Health Record later this year.

As US banks retreat from AI data-centre financing, Oracle is considering cutting up to 30,000 jobs and selling Cerner to ease mounting financial pressure, TD Cowen says.

Oracle plans to raise about $45 billion to $50 billion through a mix of equity and debt to expand its AI focused cloud ...

In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the ...

Oracle’s debt-fueled data center expansion has drawn concerns, prompting a sharp sell-off in its stock in recent months. ・Last year, Oracle raised its 2026 capital expenditure view by $15 billion to ...

ChristianaCare faces lawsuit over Oracle Health data breach involving Cerner systems, with patients seeking damages in Delaware federal court.

This week, Oracle’s campaign to “move up the stack” took a big step forward. The company officially completed the acquisition of Cerner, a major supplier of health information systems, with a ...