company · 10 records
Oracle
Oracle layoffs reach flagship data center amid OpenAI partnership
Oracle has initiated layoffs at its Abilene, Texas data center, a site central to its partnership with OpenAI.

Critical vulnerability discovered in Cisco Secure Firewall Management Center software
CISA added a newly disclosed zero-day vulnerability in Cisco Secure Firewall Management Center to its Known Exploited Vulnerabilities catalog following reports of active exploitation.

Laid-off man with home loan worries about managing EMIs
A startup CEO highlights the financial and emotional distress experienced by a friend following a sudden layoff.
Worked on Diwali, even logged in from hospital: Woman narrates husband's heartbreak after Oracle layoffs
Oracle has initiated a round of layoffs affecting approximately 2,500 employees as part of an organizational restructuring.

PayPal terminates 600 Indian employees via meeting call
PayPal has laid off a portion of its workforce in India as part of a global restructuring plan.

Major Indian tech companies implement layoffs amid rising AI integration
Major tech companies including Oracle, Microsoft, Amazon, Ola Electric, and Zomato are conducting layoffs in India, with public speculation that AI adoption and automation are key drivers.

Estee Lauder discloses data breach following cyber attack on internal systems
Estée Lauder notified employees of a data breach after hackers exploited an Oracle E-Business Suite vulnerability to access personal and sensitive HR information.
Microsoft seeks Supreme Court appeal in copyright dispute against ValueLicensing
Microsoft has requested permission to appeal to the UK Supreme Court following a £270 million copyright dispute loss against ValueLicensing decided in 2025
Oracle challenges Wisconsin regulators over seven billion dollar data center collateral requirement
Oracle challenges Wisconsin regulators over a $7 billion collateral requirement for a new AI data center.
Major tech companies accumulate trillion dollar invisible debt from AI investments
Report indicates that major tech companies including Alphabet, Microsoft, Amazon, Meta, and Oracle have accumulated $1.65 trillion in 'invisible debt' related to AI investments due to opaque funding structures over the past four years.