The Financial Express

Oracle doesn’t write code, our AI models do: Co-founder Larry Ellison on his company’s mass layoffs plan

Oracle's restructuring is said to be tied to rising costs for building AI data centers and expanding cloud infrastructure.
AOL

Oracle's Larry Ellison is down an unmatched $49 billion this year after the plunge in software stocks

Larry Ellison has seen an unmatched $49 billion wiped off his net worth in 2026, as this week's software rout deepened his wealth decline. Oracle's cofounder and tech chief was worth $199 billion at ...
Hosted on MSN

Oracle is under pressure from more than $100 billion in debt and massive layoffs as it pushes ahead with Larry Ellison’s 3-step transformation

The $400 billion enterprise software and cloud infrastructure giant Oracle is in the hot seat with a fiscal third-quarter earnings drop amid a spotlight on its heavy borrowing and negative free cash ...
Hosted on MSN

Oracle failures could trigger cascading DeFi liquidations — RedStone co-founder warns

Even a single incorrect price update can cause cascading liquidations, bad debt, and disruptions across DeFi protocols. Because DeFi systems execute automatically, they cannot reverse mistakes once ...
The Financial Express

Oracle co-founder Larry Ellison spent $200 million building a 16th-century Japanese palace in Silicon Valley – Take a look inside

Oracle co-founder Larry Ellison spent over $200 million building a meticulously recreated 16th-century Japanese imperial ...