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 ...
Bondholders have filed a lawsuit against Oracle, claiming they lost money. They allege the company, led by Larry Ellison, did not reveal it needed to sell more debt to expand its AI systems. The New ...
Oracle has been sued by bondholders who claim the company concealed how much debt it would need to sell to support the AI buildout for Oracle's $300 billion OpenAI deal. The bond offering followed ...
NEW YORK, Jan 14 (Reuters) - Oracle (ORCL.N), opens new tab was sued on Wednesday by bondholders who say they suffered losses because the company ‌chaired by billionaire Larry Ellison failed to ...
NEW YORK, Jan 14 (Reuters) - Oracle was sued on Wednesday by bondholders who say they suffered losses because the company chaired by billionaire Larry Ellison failed to disclose it needed to sell ...
NEW YORK, ‌Jan 14 (Reuters) - Oracle ‌was sued on Wednesday by bondholders ‍who say they suffered losses ⁠because the company led by billionaire Larry Ellison failed to disclose ‌it needed to sell ...
Oracle's stock has tumbled 30% so far this quarter, headed for its steepest drop since the third quarter of 2001, when it slid almost 34%. Investors have grown skeptical about Oracle's ability to open ...
Oracle's partner in a $300 billion deal, OpenAI, is projected not to be cash generative until 2030. The bond markets are growing stressed about the company's future financing needs. This appears to be ...
Over 100 people rallied at the Michigan state Capitol to protest the development of data centers. Concerns raised by protestors included potential electricity rate hikes, water usage, and a lack of ...