The newly introduced generative AI features are integrated into existing HR processes to deliver faster business value, improve productivity, enhance the candidate and employee experience, and streamline HR operations.
Oracle had acquired healthcare records firm Cerner for $28.4 billion. According to Insider, Oracle paused raises and promotions and "laid off thousands of employees in the unit" as recently as May after the acquisition closed in June last year.
The company said in late March that was planning to split its stock for the second time in two years. At that time the shares were trading at over $1,000 each.
Cloud major Oracle on Wednesday announced that it's making GoldenGate, its popular real-time data fabric, available as a highly automated and fully-managed cloud service to help ensure that valuable customer data is always available.
Cloud major Oracle has announced to move its California-based headquarters to Austin, Texas and cited flexibility of employee work as the key reason behind the decision.
In a surprise move, Oracle and Walmart finally came together to save TikTok from the US ban, forming a new company called TikTok Global which will be headquartered in the US.
US President Donald Trump and some politicians have repeatedly expressed speculation that TikTok poses a national security threat to the country, though no evidence has been provided to support the allegations.
US President Donald Trump has said he is looking into American major Oracle's reported bid for the Chinese-owned video-sharing app TikTok and want to ensure there is no compromise on national security before approving the deal.
After TikTok was banned in India in June, along with 58 other Chinese apps, the Donald Trump administration in the US increased pressure on the ByteDance-owned platform to sell its US operations by mid-September or face a ban.
Microsoft has confirmed that ByteDance has rejected its offer to take over TikTok's US operations. Oracle is the only known remaining bidder.
In an interesting turn of events, Cloud major Oracle has entered the race to acquire TikTok as US President Donald Trump issued an executive order to direct China-based ByteDance to sell its TikTok business in the US within 90 days.
Thousands of Oracle employees are calling for co-founder Larry Ellison to cancel a fundraising event he plans to host at his Coachella Valley California estate later on Wednesday for US President Donald Trump.
Sikka, 52, is among the world's leading experts in Artificial Intelligence (AI), Machine Learning and would be helping Oracle in the business value and adapt to change, the company said in a statement.
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Many of Oracle's clients are migrating to lower-cost cloud computing services offered by rivals like Alphabet (Google's parent company) and Amazon.
'The Accenture rumor is completely untrue. Never even considered it. Completely made up,' an Oracle spokesperson told Business Insider
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