Oracle
Oracle business and news from across the web.- Oracle laid off 21,000 employees over the past year, citing AI as one of the reasonsOracle has reduced its workforce by 21,000 employees over the past year, bringing its total employee count down to 141,000. The company cited artificial intelligence as one of the contributing factors for these layoffs.
I spent an entire day with a fan-mod of North Korea's homegrown operating system, and I'm sorry to say…An attempt to install and run a fan-modded version of North Korea's RedStar OS 3.5 on a PC proved largely unsuccessful. Despite improvements over the base 2011 version, the modified OS still suffered from installation issues, graphical glitches, and an inability to run modern applications or games, highlighting the significant gap between the OS and contemporary computing standards.
Mortal Kombat, Batman, And Harry Potter Games Are One Step Closer To Being Owned By ParamountWarner Bros. Discovery shareholders have voted to approve Paramount's $111 billion deal to acquire the company, which would bring franchises like Mortal Kombat, Batman, and Harry Potter under Paramount's ownership. While the acquisition is moving forward, investors rejected compensation packages for executives like CEO David Zaslav. The deal still faces regulatory hurdles.- Oracle Java Certification Guide: From Beginner to Professional Developer - Walkthrough, Tips, ReviewThis guide provides a comprehensive walkthrough for obtaining Oracle Java certification, covering topics like OCA and OCP exams, preparation strategies, and key areas such as object-oriented programming and exception handling. Earning this certification validates programming skills, enhances career prospects for roles like software developer and backend engineer, and demonstrates a commitment to professional growth in the tech industry.
Oracle, the darling of the AI boom, is reportedly laying off around 10,000 peopleOracle is reportedly laying off approximately 10,000 employees, a move described as not performance-related. This news comes amid speculation about potential struggles in the AI industry, although Oracle is also investing heavily in datacenter demand for AI. The company's actions are being observed in the context of broader tech industry trends and significant investments in AI.- Evening Tech BitsOracle is reportedly cutting thousands of jobs amidst a surge in AI spending. Separately, XDA highlights four key features for gaming monitors that are more important than refresh rate, and SystemRescue version 13.00 has been released.
- Iran threatens imminent attacks on US tech companies in the Middle EastIran's Islamic Revolutionary Guard Corps has threatened imminent attacks on US tech companies operating in the Middle East, including Apple, Google, Meta, NVIDIA, Microsoft, and others. The IRGC warned employees to leave their workplaces immediately and stated that these companies are legitimate targets in response to US actions. This threat follows recent drone strikes on Amazon data centers in Bahrain and the UAE.
Trump appoints Nvidia's Jensen Huang, AMD's Lisa Su, Meta's Mark Zuckerberg, and more to science and…President Trump has appointed a business-heavy group to the reestablished President's Council of Advisors on Science and Technology (PCAST). The council includes CEOs from major tech companies like Nvidia, AMD, Meta, Oracle, and Dell, alongside venture capitalists and researchers. The stated goal is to ensure American technological dominance in fields such as artificial intelligence and quantum computing.- Mark Zuckerberg, Jensen Huang and Sergey Brin join Trump's tech advisory panelLeaders from major tech companies including Meta, NVIDIA, Dell, Oracle, Google, and AMD have joined an advisory council for former President Donald Trump, focusing on technology and science policy. The council, known as the President’s Council of Advisors on Science and Technology (PCAST), will address emerging technologies and their impact on the American workforce. Several executives expressed honor in joining the council to help ensure US leadership in AI.
- Trump administration will reportedly get $10 billion for brokering the TikTok dealThe Trump administration is reportedly set to receive $10 billion in fees for brokering the deal that allowed TikTok to remain operational in the US. Investors including Oracle, Silver Lake, and MGX have already paid $2.5 billion, with further payments expected to reach the total sum. This follows previous significant financial dealings by the administration with companies like Intel and Boeing.
- Sunday Tech BitsOpenAI has canceled its massive Stargate data center project due to an inability to reach terms with Oracle, which was set to operate the facility. The project faced reliability issues, and Intel has announced its Technology Tour for 2025.
Big Tech makes White House pledge to stump up for the increased energy costs of AI and prevent household bills from…Several major tech companies, including Google, Microsoft, Meta, and Amazon, along with AI firms like OpenAI and xAI, have signed a White House pledge to cover the increased energy costs associated with their data centers. This initiative aims to prevent the proliferation of AI-driven data centers from raising electricity bills for consumers and businesses.
US government reportedly debating whether to force Tencent to give up its US-based game holdingsThe US government is reportedly considering forcing Tencent to divest its stakes in US and Finnish game companies due to national security concerns. Tencent holds significant shares in numerous major developers, raising fears of potential access to personal data of US citizens. This debate has been ongoing since 2020, with a recent meeting on the matter postponed.- Big tech companies agree to not ruin your electric bill with AI data centersMajor tech companies including Amazon, Google, Meta, Microsoft, OpenAI, Oracle, and xAI have signed the White House's Ratepayer Protection Pledge. This initiative aims to prevent electricity costs from increasing due to the power demands of AI data centers by having companies cover the full cost of their energy consumption and infrastructure upgrades.