Oracle (ORCL) and Amazon (AMZN) have come together to accelerate progress on one of their projects, namely building a private ...

Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the company announced its next big move: hiring a new chief financial officer with a $26 million ...

The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.

This visibility justifies Oracle's massive capital expenditure plans, projected at around $50 billion for the current fiscal year. However, this spending has pushed free cash flow into negative ...