A company founded by two inventors sued Oracle Corp., accusing its 4G and 5G wireless products of infringing a trio of patents. The ‘508 and ‘417 patents concern “methods for proactive allocation of ...
On Tuesday, in a post on X, Palihapitiya shared a chart showing Oracle’s CDS had surged to 160 basis points, which reflects the rising annual cost of insuring the company’s debt against default.
Investor Chamath Palihapitiya highlighted Oracle Corp.’s (NYSE: ORCL) surging credit default swaps, hinting at growing unease in credit markets over the debt-fueled AI infrastructure push. On Tuesday, ...
FuriousaAI Inc., a Seoul-based developer of artificial intelligence chips, is reportedly in talks to raise a new round of funding. Sources told Bloomberg today that the startup is seeking $300 million ...
WORCESTER – A new giant could be towering over downtown Worcester. A New York-based developer wants to erect a 19-story, mostly residential building at 56 Pleasant St. on a strip of vacant land behind ...
A New York based developer wants to add 125 apartments in Worcester’s downtown area. Radson Development is looking to build a 19-story building at 56 Pleasant St., according to an application filed to ...
A Hicksville lot, vacant for more than 30 years, would become home to a self-storage warehouse for small businesses under a $19.2 million proposal from real estate developer Vault Equities. The ...
Ty Roush is a breaking news reporter based in New York City. Larry Ellison became the third-richest person in the world again on Friday, passing Amazon’s Jeff Bezos, as Oracle’s shares rose after ...
TikTok's parent company, ByteDance, has agreed to sell a majority stake in its U.S. operations to avoid a national ban. A new joint venture will be formed with investors Oracle, Silver Lake, and MGX, ...