Oracle sponsors Red Bull Racing to the tune of $300 million
Oracle is expanding its partnership with Red Bull Racing. Oracle will invest $300 million in Red Bull's Formula One team over the next five years. The team will be named Oracle Red Bull Racing starting this season.
Oracle and Red Bull Racing have collaborated in the past season, which proved sat... Read more
Oracle integrates MongoDB JSON workloads with Autonomous Database
Introduction of new API allows developers to work with document-oriented JSON databases from MongoDB in the Oracle Cloud, and vice versa.
One of the basic principles of Oracle's database strategy is that it offers everything within a single database environment. In doing so, it is taking a radic... Read more
NetSuite launches tools for cash flow forecasts and project management
Oracle is launching two new modules for NetSuite. Cash 360 helps finance professionals manage cash flows; Project 360 provides project managers with detailed project insights.
Cash 360 is available immediately as part of NetSuite, Oracle's ERP platform. Project 360 was launched as part of NetSui... Read more
FTC is examining AWS for competition issues
Amazon Web Services has the highest market share, even surpassing Google Cloud and Microsoft Azure. The FTC is looking into if Amazon is favoring the companies it is working with and punishing those working with its competitors.
Why is the US Federal Trade Commission examining AWS?
The US Fed... Read more
Oracle acquires Cerner for 25 billion euros
One of the biggest acquisitions of the year has been confirmed. Oracle is buying Cerner for $28.3 billion (25.1 billion euros).
Rumours of negotiations between Oracle and Cerner have been circulating since late last week. Today, Oracle provides an official statement. The cloud giant is acquiring... Read more
‘Oracle is to acquire Cerner for 26 billion euros’
As reported by The Wall Street Journal, Oracle is about to close an acquisition for over 26 billion euros ($30 billion) -- the largest in its history. The target is medical data analytics specialist Cerner.
According to The Wall Street Journal's sources, negotiations for the purchase of Cerner a... Read more
Oracle opens data centres in Stockholm and Milan, boosting its European cloud coverage
On Wednesday, Oracle announced the opening of its first Nordics cloud region in Stockholm. The company has one in Milan, Italy, as the pandemic saw an increase in demand for cloud computing tools by organizations in the private and public sectors.
Cloud regions refer to the geographical location... Read more
Oracle posts strong Q2 earnings; cloud ERP business to grow to $20B in 5 years
Oracle beat second-quarter earnings forecasts, leading to a 10% rise in shares in extended trading. The strong results were driven by growth in the infrastructure and applications cloud businesses. Oracle reported a profit (before costs like stock compensation) of $1.21 per share, a 14% increase fr... Read more
Oracle’s first cloud region in France is now open
Oracle announced today the opening of its first cloud region in France. The move is meant to accommodate the increasing cloud computing demands from both public and private organizations.
The Oracle Cloud Marseille Region will offer customers and partners access to all of the company’s service... Read more
Oracle brings cloud to where its customers are
You can say what you want about Oracle's cloud strategy, but the company is not taking any half measures. It has made major investments in recent years, the results of which are already visible. We interviewed Richard Smith, EVP Technology & Cloud EMEA at Oracle, about this. What has Oracle alr... Read more