Oracle chairman Larry Ellison. Robert Galbraith/Reuters Oracle was sued on Wednesday by bondholders who say they suffered losses because the company chaired by billionaire Larry Ellison concealed its need to sell significant additional debt to build out its artificial intelligence infrastructure. The proposed class action was filed in a New York state court in Manhattan…
Larry Ellison, Oracle’s co-founder and chief technology officer, appears at the Formula One British Grand Prix in Towcester, U.K., on July 6, 2025. Jay Hirano | Sopa Images | Lightrocket | Getty Images Oracle shares fell 7% in extended trading on Wednesday after the database software maker reported lower quarterly revenue than expected despite booming…
Oracle said customers of its E-Business Suite of products “have received extortion e-mails”, confirming a warning first issued on Wednesday by Google. In a blog post, the California-based tech company said its investigation found that hackers had made potential use of previously identified software vulnerabilities and urged customers to upgrade their products. Oracle did not…
Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a global provider of end-to-end enterprise software support and innovation solutions and the leading third-party support provider for Oracle, SAP and VMware software. The Company offers a comprehensive portfolio of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize enterprise application,…
The University of Melbourne Selects Rimini Street to Reduce Risk and Accelerate Innovation Around its Oracle Systems Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced that the top-ranking higher learning institute in…
