Banks lend $18 billion for Oracle-tied data center in New Mexico

Sumitomo Mitsui Banking Corp, BNP Paribas SA, Goldman Sachs Group Inc. and Mitsubishi UFJ Financial Group are administrative ...
Austin American-Statesman

Oracle in talks with Skydance-Paramount for $100M cloud deal

Austin-based tech giant Oracle Corp. is reportedly in talks with Skydance Media on a $100 million-per-year software deal set to follow Skydance’s acquisition of Paramount Global. The agreement, first ...
The Business Journals

Oracle's backlog goes berserk as job cuts hit across U.S.

Oracle has cut jobs recently in Silicon Valley and elsewhere. From the Nashville Business Journal: Oracle Corp. is laying off workers worldwide as it also reports a record, AI-fueled surge in its ...
Austin American-Statesman

Austin-based Oracle to cut 101 jobs in Seattle in latest tech layoff wave

Austin-based cloud computing giant Oracle is laying off 101 employees in Seattle, less than a month after a previous round of cuts at the same location. The cuts, disclosed Tuesday in a state ...