It is the American way

The US has a novel way of funding big IT company data centres and AI plans: it hikes ordinary people's power bills.

Propped up by Red Hat

Biggish Blue shares dropped more than six per cent yesterday as the cocaine nose jobs of Wall Street were worried about the outfit’s mixed earnings report for the third quarter.

Just when you think the company could not be more popular

Just when you think Oracle could not become more popular with the great unwashed, its cofounder Larry Ellison decides to get the company involved with mass AI surveillance.

No one saw that one coming

Birmingham City Council, the largest local authority in Europe, has declared itself in financial distress after an Oracle project costs ballooned from $25 million to around $125.5 million.

x86 has reached its limits

Oracle said that it has modified its flagship database software to work on a new category of computing chip, starting with chips from Ampere Computing.

Despite making profits

While Oracle is continuing to make a lot of cash it seems that the staff who bring them all that cash are surplus to requirements.

Saves on court cases later 

The Pentagon is divvying up $9 billion in cloud contracts between Google, Oracle, Microsoft and Amazon, presumably to avoid one of the megatech companies getting offended and suing.

Sun never sets

Oracle has released VirtualBox 7.0 - the latest version of the FOSS hypervisor that Oracle acquired along with Sun Microsystems in 2009.

Only in America you can pay to make bribery charges go away 

Oracle has paid $23 million to the US Securities and Exchange Commission to settle corruption charges that subsidiaries in Turkey, United Arab Emirates and India used "slush funds" to bribe foreign officials to win business.

Profiles of millions sold to third parties 

Oracle is being sued over allegations it created a network containing personal data and profiles on millions of people which it flogged off to third parties.