Oracle put its cloud rival’s AI inside its business apps, and the stock jumped 8%
Oracle put its cloud rival’s AI inside its business apps, and the stock jumped 8%

Oracle has just put its cloud rival’s AI at the heart of the software its customers run their businesses on. Investors cheered. The company said on Thursday it is expanding its Google Cloud partnership to bring Gemini into Oracle’s enterprise applicati…

Oracle says one AI data centre could cost it a $7bn power guarantee
Oracle says one AI data centre could cost it a $7bn power guarantee

Oracle is building a huge AI data centre in Port Washington, Wisconsin, with Vantage and OpenAI. The nearly one-gigawatt Lighthouse Campus is a roughly $15 billion project. To get the electricity to run it, though, Oracle first has to satisfy the local…

Hackers stole Estée Lauder staff’s bank and health data. The company took nearly a year to say so.
Hackers stole Estée Lauder staff’s bank and health data. The company took nearly a year to say so.

The cosmetics giant Estée Lauder is notifying staff of a data breach after hackers slipped into the Oracle software it uses to run human resources. BleepingComputer first reported the disclosure. Nearly a year in the dark The timeline is the uncomforta…

Five tech giants are hiding $1.65tn in AI debt, using the trick that toppled Enron
Five tech giants are hiding $1.65tn in AI debt, using the trick that toppled Enron

Look at what Alphabet, Microsoft, Amazon, Meta, and Oracle officially owe, and the numbers seem large but manageable. Look off the books, and a second, bigger pile of debt appears. A Nikkei study put that hidden figure at $1.65 trillion, up roughly eig…

Oracle leads the race to build Japan a secret, air-gapped cloud
Oracle leads the race to build Japan a secret, air-gapped cloud

Oracle is leading the race to build Japan an air-gapped cloud, sealed off from the internet. Washington wants it to counter Chinese hacking. Before the US shares more of its secrets with Japan, it wants Japan to lock them down. Oracle is now the front-…

Twelve states are suing to stop the Paramount-Warner deal that Washington already waved through
Twelve states are suing to stop the Paramount-Warner deal that Washington already waved through

A dozen states have sued to block Paramount Skydance’s takeover of Warner Bros. Discovery. The suit, led by California attorney general Rob Bonta, was filed in federal court in California’s Northern District, CNBC reports. The timing is pointed. The Ju…

Big Tech’s AI debt just hit $350bn, and Europe is about to feel it
Big Tech’s AI debt just hit $350bn, and Europe is about to feel it

Big Tech built its reputation on mountains of cash. It is building its AI empire on debt, and the bill is starting to land in Europe. The five biggest builders of AI data centres in the US have doubled their debt over five years. Together, Alphabet, Am…

The UK just declared Microsoft, Google, Amazon and Oracle ‘critical’ to its financial system
The UK just declared Microsoft, Google, Amazon and Oracle ‘critical’ to its financial system

Britain’s banks run on four American clouds. The Treasury reckons two-thirds of UK firms lean on the same handful. Now the regulators are stepping in. The UK has named Microsoft, Google, Amazon and Oracle as “critical third parties” to its financial sy…

Oracle cuts about 500 jobs in Romania as AI restructuring rolls on
Oracle cuts about 500 jobs in Romania as AI restructuring rolls on

On the morning of June 25, Oracle began telling roughly 500 of its Romanian employees that their jobs were gone, part of the company’s long-running global reorganisation toward cloud and artificial intelligence. Oracle has not commented publicly on the…

Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI
Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI

Oracle’s global workforce fell to 141,000 full-time employees as of 31 May 2026, down from 162,000 a year earlier, a net reduction of roughly 21,000 people. The company’s annual regulatory filing stated plainly that “the adoption and deployment of AI t…