Oracle has instigated "widespread layoffs" across its core MySQL development team, sparking concern about the future of one of the world's most popular open-source databases. It looks like multiple great, tenured people were laid off from MySQL team at Oracle – Peter Zaitsev Mega-and-MAGA deals position Oracle's Larry Ellison to overtake Elon READ MORE Around 70 members of the team behind...

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Oracle shares closed down 6% on Thursday, a day after the stock closed at a record high, following an analyst note expressing concern that most of the company's upcoming growth is coming from a single client: OpenAI. The software vendor has seen its stock go on a wild ride this week after CEO Safra Catz on Tuesday said that Oracle had "signed four multi-billion-dollar contracts with three...

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Oracle Corp Chief Executive Larry Ellison during a launch event at the company's headquarters in Redwood Shores, California June 10, 2014. Oracle 's massive growth trajectory for cloud infrastructure is lifting all boats. The cloud giant forecasted skyrocketing sales to $114 billion in the company's fiscal 2029, signalling demand for artificial intelligence processing will remain high over...

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