Oracle Appoints Hilary Maxson As CFO With $29.7 Million Package After Firing 30,000 Employees

Hilary Maxson will receive a base salary of $950,000 (Rs. 8.8 crore) with the deal further sweetened by a $26 million (Rs 241 ...
Tbreak

Oracle's $16B data center bet shows how expensive AI infrastructure has become

Oracle raised $16 billion through bonds to construct a Michigan data center campus dedicated to OpenAI's AI applications. The ...
The Next Web

Oracle needed the world’s biggest bond fund to finance the world’s biggest data centre

PIMCO bought $10B of Oracle's record $16.3B data centre bond deal after US banks pulled back. The Michigan campus is part of $72B in Stargate infrastructure debt with a 19.5-year maturity.
SiliconANGLE

Oracle packages its cloud applications and middleware for on-premises consumption

Oracle Corp. today introduced the latest member of its line of premises-based cloud infrastructure with the announcement of Compute Cloud@Customer, a rack-scale offering that’s compatible with Oracle ...
DATAQUEST

Oracle Layoffs 2026: 12000 jobs hit in India, severance debate grows

Oracle layoffs 2026 impact India with thousands affected. Check severance details, job cuts, AI impact, and what employees should know about compensation.