The new system is designed to reward rainmakers and weed out underperformers as Google Cloud races to catch up to Amazon and Microsoft.
Oracle’s stock soared in early September, at one point jumping 36% in a single day, after a bombshell earnings report in ...
(Bloomberg) -- Oracle Corp. posted disappointing cloud revenue, suggesting it will take longer than expected for the company’s recent huge AI bookings to pay off. Fiscal second-quarter cloud sales ...
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Oracle drops on disappointing cloud sales
Oracle Corp. reported a jump in spending on artificial intelligence data centers and other equipment. Fiscal second-quarter cloud sales increased 34% to $7.98 billion, while revenue in the company's ...
Five print sales for five good causes on facebook (opens in a new window) Five print sales for five good causes on linkedin (opens in a new window) ...
Salesforce CRM and Oracle ORCL are two of the biggest names in the cloud software market. Both companies offer powerful, enterprise-grade platforms spanning customer relationship management, ...
China’s first atomic quantum computer has passed a major commercial milestone, making its first sales to domestic and overseas customers, according to state media. Hubei Daily, the official newspaper ...
Thales SA’s third-quarter orders and sales beat expectations thanks to strong defense demand as governments across the world seek to bolster their military capabilities. The order intake reached €6.4 ...
Oracle expects its cloud infrastructure business to create $166 billion in revenue by fiscal year 2030, accounting for nearly three-quarters of its total sales, the company says. Reuters reported that ...
(Reuters) -Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up nearly 75% of its total sales by then. Chief Executive Officer ...
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