Oracle's cloud accounting practices are under scrutiny this week after a former employee filed a civil lawsuit against the vendor alleging that it inflated its cloud sales figures. Svetlana Blackburn, ...

A former employee of Oracle is suing the software giant, claiming the company fired her in retaliation for attempts to blow the whistle on shady cloud accounting practices. The former senior finance ...

SAN FRANCISCO (Reuters) - A whistleblower lawsuit filed against Oracle Corp over its accounting practices underscores the pressures established computer companies face to show that they are growing in ...

(Bloomberg) -- Oracle Corp. expects to generate about $65 billion in annual revenue by fiscal year 2026, fueled by its cloud infrastructure and business applications business. Shares gained on the ...

Oracle expects its cloud infrastructure business to create $166 billion in revenue by fiscal year 2030, accounting for nearly three-quarters of its total sales, the company says. Reuters reported that ...

-Oracle shares under pressure today. While the company reported a mixed picture for Q1, the enterprise software firm is falling on Oracle's slowing cloud sales growth. The stock falling as much as 10% ...

(Reuters) -Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up nearly 75% of its total sales by then. Chief Executive Officer ...