Tag Archives: Oracle

[unable to retrieve full-text content]Oracle earnings miss, stock jumps on Google Cloud, OpenAI deals  Yahoo Finance Source link

[unable to retrieve full-text content]Apple stock hits a new record, Oracle releases Q4 results  Yahoo Finance Source link

[unable to retrieve full-text content]Bing Chat so hungry for GPUs, Microsoft will rent them from Oracle  The Register Source link

[unable to retrieve full-text content]Oracle Cloud Infrastructure Utilized by Microsoft for Bing …  Oracle Source link

The U.S. Department of Defense has awarded contracts with a combined potential value of up to $9 billion to Amazon, Google, Microsoft and Oracle under the Joint Warfighting Cloud Capability (JWCC) program. JWCC is the successor to Joint Enterprise Defense Infrastructure (JEDI), which attracted contracting controversy and was canceled last year in favor of a multi-cloud approach. Each of the four companies has been awarded a hybrid (firm-fixed-price and time-and-materials,… Source link

The Pentagon building in Washington, D.C. Staff | AFP | Getty Images The Pentagon said Wednesday that Amazon, Google, Microsoft and Oracle received a cloud-computing contract that can reach as high as $9 billion total through 2028. The outcome of the Joint Warfighting Cloud Capability, or JWCC, effort is in line with the U.S. Defense Department’s effort to rely on multiple providers of remotely operated infrastructure technology, as opposed to relying on a single company, a strategy promoted… Source link

Peloton (PTON): The company announced co-founders John Foley and Hisao Kushi are leaving the company as part of a wider executive shakeup, sending shares lower in after-hours trading. Former CEO John Foley stepped down as executive chairman of the board while Hisao Kushi resigned as Chief Legal Officer, effective Monday. In a note to employees, CEO and President Barry McCarthy thanked Foley and Kushi, writing “There wouldn’t be a Peloton without John Foley or Hisao Kushi… Through their… Source link

Oracle’s cofounder Larry Ellison.Justin Sullivan/Getty Images The database giant Oracle has started laying off some US employees, sources told Insider. It may cut thousands of jobs globally, according to news reports. Workers in Canada, India, and Europe may be next. The database giant Oracle began laying off more of its US workforce on Monday, employees have confirmed to Insider. The company may cut thousands of workers globally — including in the US, Canada, India, and Europe — to reduce… Source link

(Bloomberg) –London data centers used by Google and Oracle Corp. buckled on Tuesday after a record-setting heat wave hit Britain, knocking some websites offline. Both companies cited problems with “cooling systems” for causing the outages. Oracle’s first message appeared on its service page in late morning New York time, noting that “unreasonable temperatures” had affected cloud and networking equipment in its South London… Source link

Google Cloud and Oracle servers located in the UK struggled with cooling-related outages Tuesday as the country experienced record-breaking heat that reached as high as 104 degrees Fahrenheit (40 degrees Celsius). Both companies blame temperature for the unexpected shutdowns. On its Google Cloud status page, Google notes it has experienced a “cooling related failure” in one of its UK-based data centers. “This caused a partial failure of capacity in that zone, leading to VM [virtual… Source link