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. shares soared to a record high after the software maker projected a 70% gain in cloud infrastructure sales this fiscal year, giving a bullish outlook for the closely ...

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 expects cloud infrastructure revenue to be $166 billion in fiscal 2030, one of its two CEOs said on Thursday. Chief Executive Officer Clay Magouyrk gave the prediction during a meeting with ...

While Oracle reported revenue growth on the back of cloud services and SaaS sales, net profit plunged, dragged down by the heavy costs of keeping up with the competition. Cloud services and sales of ...