Oracle
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Oracle and Microsoft are reportedly in talks to take over TikTok
Oracle and a group of investors that includes Microsoft are in talks to take over TikTok’s global operations, reports NPR. The deal, which the White House is reportedly negotiating, would see ByteDance keeping a minority stake in TikTok while “the app’s algorithm, data collection and software updates will be overseen by Oracle.” Oracle’s server network already provides the bulk of…
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Stargate project: OpenAI, Oracle pledge support for $500 billion AI infrastructure drive
The US government has announced $500 billion in funding as part of a huge drive to expand AI infrastructure capabilities across the country. The ‘Stargate Project’ is a new company, backed by industry heavyweights including SoftBank, OpenAI, Oracle, and MGX as initial equity funders. SoftBank and OpenAI are the lead partners, with SoftBank having financial responsibility and OpenAI taking operational…
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IBM eyes Oracle expertise gains with latest acquisition
IBM has announced plans to acquire global Oracle consultancy Applications Software Technology in an effort to bolster its Oracle expertise. Applications Software Technology specializes in driving business transformation with Oracle Cloud Applications, particularly for clients in the public sector such as local government and education. IBM said the deal will enhance its Oracle solutions for clients across North America, the…
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CISA warns of critical Oracle, Mitel flaws exploited in attacks
CISA has warned U.S. federal agencies to secure their systems against critical vulnerabilities in Oracle WebLogic Server and Mitel MiCollab systems that are actively exploited in attacks. The cybersecurity agency added a critical path traversal vulnerability (CVE-2024-41713) found in the NuPoint Unified Messaging (NPM) component Mitel’s MiCollab unified communications platform to its Known Exploited Vulnerabilities Catalog. This security bug allows…
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Oracle warns of Agile PLM file disclosure flaw exploited in attacks
Oracle has fixed an unauthenticated file disclosure flaw in Oracle Agile Product Lifecycle Management (PLM) tracked as CVE-2024-21287, which was actively exploited as a zero-day to download files. Oracle Agile PLM is a software platform that enables businesses to manage product data, processes, and collaboration across global teams. Yesterday, Oracle urged Agile PLM customers to install the latest version to fix the…
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Microsoft’s Three Mile Island deal is a big step toward matching data center energy demands, but it’s not alone — AWS, Oracle, and now Google are all hot for nuclear power
Microsoft has signed a 20-year power purchase agreement (PPA) with energy provider Constellation in a move that will power data centers with nuclear energy. Under the agreement, Microsoft will buy energy from a newly reopened plant as part of its wider goal to match the power use of its data centers in Pennsylvania-Jersey-Maryland (PJM) with carbon-free energy. The partnership will…
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Oracle wants to power a new gigawatt data center with three small nuclear reactors – and it’s not the only big hyperscaler eyeing nuclear to meet surging AI energy demands
Oracle is set to power a new data center with upwards of 1 gigawatt (GW) capacity through nuclear energy, according to the firm’s CTO Larry Ellison. Speaking during a recent earnings call, Ellison confirmed the cloud computing giant has “already got building permits” for three nuclear reactors – small modular reactors (SMRs) to be precise, which are theoretically cheaper to…
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“By this time next year, Oracle employees won’t be using passwords” — Larry Ellison wants a biometric future in cybersecurity
Oracle CTO Larry Ellison took a strong stand on cybersecurity at Oracle CloudWorld 2024, calling passwords a “terrible idea” in need of replacement with biometric security measures. “The idea that we use passwords is a ridiculous idea. It’s obsolete. It’s very dangerous,” Ellison said during his keynote at the company’s flagship event in Las Vegas. “They are 17 characters long…
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Sovereign cloud demand is “truly global” according to Oracle — and the company is well placed to capitalize on it
The demand for sovereign cloud capabilities is “truly global” according to a senior figure at Oracle, and the company intends to fully capitalize on this trend in the year ahead. Speaking to ITPro at a roundtable at Oracle CloudWorld 2024, Scott Twaddle, SVP of Oracle Cloud Infrastructure (OCI), product and industries, described the burgeoning sovereign cloud computing market as “fascinating”…
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‘Many of our long-time rivals are now our partners’: Why Oracle is doubling down on multi-cloud
Oracle has announced a new partnership with AWS at Oracle CloudWorld 2024, forming part of the firm’s wider mission to bolster multi-cloud environments across the enterprise. The new offering will allow customers to use Oracle Autonomous Database and Oracle Exadata Database Service within AWS environments, providing a connected experience across Oracle Cloud Infrastructure (OCI) and AWS. Similarly, customers will be…
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