Oracle’s 21,000 layoffs help drive its debt-fueled AI investments
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday.
Category: Tech
Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI
Oracle’s global workforce fell to 141,000 full-time employees as of 31 May 2026, down from 162,000 a year earlier, a net reduction of roughly 21,000
Google is simultaneously the most dominant and most vulnerable it has ever been
Google’s financial performance has never been stronger. Alphabet posted $109.9 billion in revenue in the first quarter of 2026, up 22 per cent year on year
U.S. Presses Meta to Agree to A.I. Reviews
Federal officials are urging the lone major tech company holdout to allow government safety evaluations, weeks after ordering Anthropic to pull its latest model.
A fake AI agent skill passed every security scanner and reportedly reached 26,000 agents
Security firm AIR built a fake AI agent skill, pushed it through a popular skill marketplace and promoted it with an Instagram ad, and says
SpaceX draws $89 billion in demand for its debut bond sale, one of the largest US offerings this year
SpaceX has drawn roughly $89 billion in investor demand for its debut US bond sale, Bloomberg reported on Tuesday, setting the stage for one of
Robots will replace 700K delivery workers, warns head of e-commerce giant
China’s e-commerce giant JD.com is preparing for a future where packages are delivered by robots instead of people. The company’s founder and chairman, Richard Liu
‘Agentic AI’ PCs? Not much new here, say analysts
Nvidia and Microsoft this month touted the reinvention of computers with a new class of “agentic AI PCs” that will “reinvent the way PCs work.”
PINE64's Smart Speaker is a Home Assistant Powered Alternative to Amazon Echo
PINE64 has been building budget-friendly ARM and RISC-V hardware since 2015, when the original PINE A64 single-board computer launched on Kickstarter. The community-driven outfit has
No More Reboots During Kernel Patching for ARM64 Systems on Ubuntu
Canonical’s Livepatch can now patch the Linux kernel on ARM64 systems without forcing a reboot. This has been possible on AMD64 machines for years, but
ByteDance unveils Seedance 2.5, a 30-second native 4K AI video model that accepts 50 reference inputs
ByteDance unveiled Seedance 2.5 on Tuesday at its Volcano Engine FORCE conference in Beijing, a video generation model that produces 30-second clips at native 4K
Anthropic launches Claude Tag, an always-on AI teammate that lives in your Slack channels
Anthropic is launching Claude Tag in research preview, an “always-on Claude” that lives inside Slack and acts as a persistent AI teammate. The feature lets
US’s climate.gov site, taken down by Trump, relaunched by nonprofit
Over decades, researchers in the US government and programs it sponsored built up a tremendous number of climate resources, from comprehensive analyses to massive datasets
Odd police video shows drone removing knife from motionless suspect
In a supposed “nationwide first” use of drones to disarm a person, the Sacramento County Sheriff’s Office in California promoted a video showing how a