Oracle gave its new CFO $26M in stock after firing up to 30,000 workers. Employee says an 'algorithm' may have targeted those with stock options first

The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.

Oracle's new CFO got $26M in stock after layoffs. Employee says an 'algorithm' targeted workers with stock options first

Learn more Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the company announced its next big move: hiring a new chief financial officer with a ...
katu

Oracle will manage TikTok's algorithm for U.S. users under Trump administration deal

WASHINGTON (AP) — Tech giant Oracle will receive a copy of the algorithm powering TikTok to operate for U.S. users, according to a senior official in President Donald Trump's administration on Monday.
abc7NY

TikTok's algorithm to be licensed to US joint venture led by Oracle and Silver Lake

WASHINGTON -- Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok's video popular platform under the terms of a deal laid out Monday by President Donald ...
MediaPost

Oracle To Recreate TikTok's Algorithm Under New Deal: Reports

Details of the U.S.-based TikTok agreement between the United States and China began to trickle out today after U.S. President Trump on Friday in a post on Truth Social said he and Chinese leader Xi ...
Chicago Tribune

TikTok’s algorithm to be licensed to US joint venture led by Oracle and Silver Lake

WASHINGTON — Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok’s video popular platform under the terms of a deal laid out Monday by President Donald ...