Paramount acquires Warner Bros. in US$110 billion mega-merger

Paramount Skydance announced Thursday it will acquire Warner Bros. Discovery in a deal valuing the combined company at US$110 ...

OpenAI confirms $110B funding round, with $50B from Amazon, and $30B from Nvidia, SoftBank

OpenAI ( OPENAI) confirmed on Friday that it has raised an astonishing $110B in its latest funding round, with $50B coming ...

Netflix isn't going to buy Warner Bros after all, meaning Paramount is set to take HBO, Warner Bros Games, and the rest

The acquisition was "always a 'nice to have' at the right price, not a 'must have' at any price," Netflix said.
Microsoft

Developer-targeting campaign using malicious Next.js repositories

A developer-targeting campaign leveraged malicious Next.js repositories to trigger a covert RCE-to-C2 chain through standard ...
MarketBeat on MSN

Cisco Systems below $82? Buy now, it won't last - $182 is coming

It is a bold statement to say Cisco (NASDAQ: CSCO) stock will advance by $100 to $182, but there are forces at play and precedents that suggest just that. Cisco’s share price crossed a significant ...
Barron's

Oracle to Raise Up to $50 Billion. What It Means for the Stock.

Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing to power artificial intelligence. About half of that will be in debt, which will ...
Foreign Policy

Europe Is Getting Ready to Pivot to Putin

This issue is preventing our website from loading properly. Please review the following troubleshooting tips or contact us at [email protected]. By submitting your ...
MarketWatch

Oracle’s stock suffers worst eight-day stretch in over two decades. Here’s why.

As the technology selloff deepens, Oracle’s stock has been hit by a double whammy of generalized software concerns and jitters around the company’s own artificial-intelligence spending. Back To Top ...
Wall Street Journal

What Oracle Has to Lose From OpenAI and Nvidia’s Rocky Relationship

The likelihood that Nvidia NVDA2.33%increase; green up pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL 2.48%increase; green up pointing ...
Business Today

Oracle likely to cut about 30,000 jobs to finance data centre buildout

Oracle may take drastic cost-cutting steps to improve its cash flow stress. In the cost-cutting move, the software giant may reduce its workforce by 20,000 to 30,000 for AI data-centre expansion. The ...
Mint

Oracle layoffs: Which departments will get affected? Here's what we know

Tech major Oracle is reportedly planning to cut as many as 20,000 to 30,000 jobs globally, as the company looks to redirect resources towards building Artificial Intelligence data centres, a report by ...
The Financial Express

Oracle planning biggest layoffs in years, to cut 30,000 jobs amid AI data-center funding crunch: Report

According to a report by CIO, citing investment bank TD Cowen, Oracle is considering cutting between 20,000 and 30,000 jobs and may also look at selling parts of its business, including Cerner, the ...