Oracle sends force majeure notice on its New Mexico Stargate data center
The notice would allow Oracle to delay payments should the facility miss its 2028 target to come online.
oracle
Larry Ellison cancels $7.5 billion sale of Oracle stock
Oracle had previously disclosed that Ellison planned to sell 50 million shares worth around $7.5 billion.
Oracle warns of security bug that hackers abused to breach 100+ companies
The tech giant warned of a security flaw that a cybercrime gang said it’s exploiting as part of a mass-hacking campaign. Google said it notified more than 100 organizations that had potentially vulnerable servers.
Cybercriminals claim breach of Oracle PeopleSoft servers at 100-plus organizations
The ShinyHunters hacking gang claims to have compromised the Oracle PeopleSoft servers of more than 100 organizations, including many universities.
Laid-off Oracle workers tried to negotiate better severance. Oracle said no.
Some found out they didn’t qualify for WARN Act protections like two-months notice because the company had classified them as remote workers.
Iran threatens ‘Stargate’ AI data centers
Iran said it will target U.S.-linked data centers with new missile strikes, as the war between the U.S. and Iran escalates.
Amazon and Google are winning the AI capex race — but what’s the prize?
In 2026, Amazon plans to spend $200 billion in capex. Google is just behind at $175 billion to $185 billion. It’s a lot of money!
What you should know about the owners of US TikTok
ByteDance, TikTok’s Chinese parent company, recently established a separate American entity to run the app’s U.S. operations. This restructuring aims to separate U.S. TikTok from its Chinese parent, addressing concerns about data privacy and foreign control. The move came after years of pressure from lawmakers, who feared the Chinese government’s potential access to Americans’ data. […]