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Oracle forecasts Q3 revenue below estimates on weak cloud spending, shares fall

Oracle forecasts Q3 revenue below estimates on weak cloud spending, shares fall

Tue, Dec 12, 2023

Oracle share price, Oracle revenue forcast: Oracle (ORCL.N) forecast quarterly revenue below estimates on Monday, as an uncertain economy and competition in the cloud computing market weighed on demand for its cloud offerings, sending its shares down more than 7 per cent in extended trading.

Oracle introduces generative AI to help firms boost customer experiences

Oracle introduces generative AI to help firms boost customer experiences

Thu, Sep 21, 2023

Oracle added new AI capabilities in Oracle Fusion Cloud Customer Experience (CX) to help marketers, sellers, and service agents grow revenue and deliver exceptional customer experience.

Global tech race on to build what comes next: Oracle's Larry Ellison

Global tech race on to build what comes next: Oracle's Larry Ellison

Wed, Sep 20, 2023

Ellison, while addressing the keynote at Oracle's flagship 'CloudWorld' event here, said that to build artificial intelligence (AI) for a better future, it will come with associated risks like all new technologies

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Oracle starts job cuts in the US due to recession fears rise

Oracle starts job cuts in the US due to recession fears rise

Tue, Aug 02, 2022

The report also said layoffs in Canada, India and parts of Europe were expected in the coming weeks and months.

Oracle acquires e-health records firm Cerner for $28.3 billion

Oracle acquires e-health records firm Cerner for $28.3 billion

Tue, Dec 21, 2021

Cerner is a leading provider of digital information systems used within hospitals and health systems to enable medical professionals to deliver better healthcare to individual patients and communities.

'Oracle in talks to buy $30-billion Cerner'

'Oracle in talks to buy $30-billion Cerner'

Fri, Dec 17, 2021

Enterprise software maker Oracle is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Decision in Oracle's favour will limit consumers' freedom: Google

Decision in Oracle's favour will limit consumers' freedom: Google

Sun, Aug 09, 2020

As Google and Cloud major Oracle look forward to the US Supreme Court hearing on October 7 into a decade-long copyright legal battle, the search engine giant has filed a supplemental brief to augment its position, saying a decision in Oracle's favour would limit consumers' freedom to use technologies on a range of devices.

Witnessing double-digit growth in India for past 3 years: Oracle

Witnessing double-digit growth in India for past 3 years: Oracle

Wed, Dec 12, 2018

Cloud major Oracle, sees high demand in the Banking, Financial Services and Insurance (BFSI), telecom and manufacturing sectors in India.

Oracle selects 18 new start-ups for Cloud innovation in India

Oracle selects 18 new start-ups for Cloud innovation in India

Mon, Aug 13, 2018

"Oracle`s start-up engagement goes well beyond business and technology. We make every effort to understand the startups, partner with them and also learn from them," added Oak.

Job seekers' alert! Here's what will help you survive amid challenges from automation, AI

Job seekers' alert! Here's what will help you survive amid challenges from automation, AI

Sun, Aug 12, 2018

The workspace is changing drastically and very soon there will be just two types of people ? employable in the augmented workplace and unemployable, a senior official at tech giant Oracle said.

Oracle losing out Cloud market to Microsoft, Amazon

Oracle losing out Cloud market to Microsoft, Amazon

Fri, Jun 15, 2018

The change in rating came after the CIO survey claimed that enterprises were "going to spend less on Oracle`s products, but also that the company was becoming less critical to their IT functions".

Oracle wins latest legal bout against Google over Java software

Oracle wins latest legal bout against Google over Java software

Wed, Mar 28, 2018

Oracle had said that Google made billions in profit for the search engine giant and crushing Java`s chance of success in smartphones, tablets and other products. Java was developed by tech firm Sun Microsystems which was acquired by Oracle in 2010. Google denied any wrongdoing. It argued that its use of Java is protected by the legal doctrine of "fair use", which permits copying in some circumstances. In 2012, the companies took the issue to court but the jury was unable to determine whether Google used Java application programming interfaces (APIs) fairly

India tops Big Data and Analytics adoption in APAC region: Oracle

India tops Big Data and Analytics adoption in APAC region: Oracle

Sat, Feb 24, 2018

When it comes to the Next-Gen trends in the Big Data space, adoption, customer interaction and operational excellence are growing rapidly among Indian enterprises

India's GST launch spawns tech cottage industry for compliance

India's GST launch spawns tech cottage industry for compliance

Fri, Jun 16, 2017

The Indian government's implementation of upcoming GST tax on July 1 has resulted into changes into small businesses whereby IT software and service providers and tax advisers are teaming up to market GST compliance products to large and small firms.

Amidst ‘robust’ layoff rumours nine IT companies in India make it to LinkedIn’s Top Companies 2017 list

Amidst ‘robust’ layoff rumours nine IT companies in India make it to LinkedIn’s Top Companies 2017 list

Thu, May 18, 2017

Despite rumours of massive layoffs and a bleak future at IT companies considering automation and protectionist attitudes of the west, Indians are still looking for jobs in these companies.

Oracle's revenue growth falls short of analysts' expectations

Oracle's revenue growth falls short of analysts' expectations

Fri, Dec 16, 2016

Business software maker Oracle Corporation`s adjusted revenue missed analysts` estimates for the seventh time in the last eight quarters, showing that its shift to cloud-based offerings is taking longer than Wall Street expected.

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