Oracle leads the race to build Japan a secret, air-gapped cloud
Oracle leads the race to build Japan a secret, air-gapped cloud

Oracle is leading the race to build Japan an air-gapped cloud, sealed off from the internet. Washington wants it to counter Chinese hacking. Before the US shares more of its secrets with Japan, it wants Japan to lock them down. Oracle is now the front-…

Twelve states are suing to stop the Paramount-Warner deal that Washington already waved through
Twelve states are suing to stop the Paramount-Warner deal that Washington already waved through

A dozen states have sued to block Paramount Skydance’s takeover of Warner Bros. Discovery. The suit, led by California attorney general Rob Bonta, was filed in federal court in California’s Northern District, CNBC reports. The timing is pointed. The Ju…

Big Tech’s AI debt just hit $350bn, and Europe is about to feel it
Big Tech’s AI debt just hit $350bn, and Europe is about to feel it

Big Tech built its reputation on mountains of cash. It is building its AI empire on debt, and the bill is starting to land in Europe. The five biggest builders of AI data centres in the US have doubled their debt over five years. Together, Alphabet, Am…

The UK just declared Microsoft, Google, Amazon and Oracle ‘critical’ to its financial system
The UK just declared Microsoft, Google, Amazon and Oracle ‘critical’ to its financial system

Britain’s banks run on four American clouds. The Treasury reckons two-thirds of UK firms lean on the same handful. Now the regulators are stepping in. The UK has named Microsoft, Google, Amazon and Oracle as “critical third parties” to its financial sy…

Oracle cuts about 500 jobs in Romania as AI restructuring rolls on
Oracle cuts about 500 jobs in Romania as AI restructuring rolls on

On the morning of June 25, Oracle began telling roughly 500 of its Romanian employees that their jobs were gone, part of the company’s long-running global reorganisation toward cloud and artificial intelligence. Oracle has not commented publicly on the…

Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI
Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI

Oracle’s global workforce fell to 141,000 full-time employees as of 31 May 2026, down from 162,000 a year earlier, a net reduction of roughly 21,000 people. The company’s annual regulatory filing stated plainly that “the adoption and deployment of AI t…

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.

Oracle spent $55.7 billion on data centres in a single year, beat its own guidance by $5.7 billion, and wants to raise another $40 billion
Oracle spent $55.7 billion on data centres in a single year, beat its own guidance by $5.7 billion, and wants to raise another $40 billion

Oracle reported fiscal fourth-quarter revenue of $19.2 billion, up 21% year on year, and adjusted earnings of $2.11 per share, beating analyst estimates of $19.1 billion and $1.97 respectively. The numbers were overshadowed by capital expenditure that …

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.

Patch Tuesday, May 2026 Edition

Artificial intelligence platforms may be just as susceptible to social engineering as human beings, but they are proving remarkably good at finding security vulnerabilities in human-made computer code. That reality is on full display this month with some of the more widely-used software makers — including Apple, Google, Microsoft, Mozilla and Oracle — fixing near record volumes of security bugs, and/or quickening the tempo of their patch releases.