Enterprise software company
Appears in 9 stories · Last updated Oct 30, 2026
Developer and operator of the managed Essbase service
Oracle now offers Essbase, its multidimensional analytics engine dating to 1992, as a fully managed service on Autonomous AI Lakehouse. It runs on Oracle Cloud Infrastructure, Amazon Web Services, Microsoft Azure, and Google Cloud. Oracle handles installation, patching, backups, and the network infrastructure.
Updated Oct 30
Parent company of NetSuite
Oracle NetSuite says its new SuiteExpress toolset can cut enterprise resource planning (ERP) implementation from months to weeks, or even days. It is an AI-assisted implementation toolset and methodology, launched at the SuiteWorld conference in Las Vegas on October 26.
Updated Oct 28
Building gigawatt-scale AI datacenters, Stargate partner
ChatGPT's November 2022 launch triggered the fastest infrastructure buildout in tech history. Hyperscalers are now on track to spend over $1 trillion in 2026, a figure roughly equal to the entire GDP of Turkey or the Netherlands.
Updated Oct 19
As of October 2026: Indirectly involved via founder Larry Ellison's $40.4B personal guarantee backing Paramount's bid
On October 6, Paramount Skydance completed its $110 billion acquisition of Warner Bros. Discovery, creating a combined company named Skydance and ending a 13-month bidding war that survived federal and state antitrust challenges. The deal closed after a federal judge approved a settlement with 12 states on September 30, and shares of Skydance began trading on the NYSE under the ticker SKYD.
Updated Oct 9
As of September 2026: Launched Fusion Claw, a governed agentic execution runtime
Oracle announced Fusion Claw on September 29, a runtime that lets AI agents carry out complex business processes inside Fusion Applications. It also released 25 new Claw-powered agentic applications, bringing its portfolio to 75; early-access customers are testing them now, with broader availability set for the first week of October.
Updated Sep 30
As of September 2026: Cutting jobs while funding AI infrastructure buildout
Oracle America will lay off 99 workers at its Santa Clara office on November 13, per a notice filed with California on September 14. It's the company's eighth WARN Act filing in the state since October 2025, covering 921 workers across three Bay Area counties.
Updated Sep 18
As of May 2026: Dubai headquarters building struck; operations status unclear
For decades, American tech companies built out massive data centers and office complexes across the Persian Gulf without ever treating them as potential military targets. On April 4, the IRGC struck Oracle's headquarters building in Dubai Internet City with a drone. It's part of a declared campaign against 18 US firms the IRGC accuses of supporting American and Israeli military operations.
Updated May 30
As of May 2026: Managing investor with 15% stake; security partner
For five years, the world's most popular social media app lived under a death sentence. TikTok, used by 170 million Americans, faced repeated ban threats from two administrations convinced its Chinese ownership posed an unacceptable national security risk. On January 23, 2026, that uncertainty ended: TikTok USDS Joint Venture LLC became operational, transferring 80.1% ownership to American and allied investors while ByteDance retained a non-controlling 19.9% stake.
Updated May 22
As of May 2026: New 15% managing investor and designated security partner for TikTok U.S.
The deal closed on January 22, 2026. TikTok's U.S. operations now belong to TikTok USDS Joint Venture LLC—a new entity where Oracle, Silver Lake, and Abu Dhabi's MGX each hold 15%, existing ByteDance investor affiliates hold 30.1%, and ByteDance itself retains exactly 19.9%.
Updated May 15
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