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August 4, 2020
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Oracle’s cloud push powers quarterly profit, revenue beat

Growth in cloud business helped Oracle Corp top quarterly profit and revenue on Thursday and said the coronavirus will have “minimal impact” on the fourth-quarter revenue, which is usually skewed toward software licenses rather than hardware. “We expect minimal impact from the virus in the quarter, given that much of the subscription revenue is already
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Five countries add Oracle cloud data centers

SAN FRANCISCO- Oracle Corp said on Monday it had added new cloud computing data centers in five countries and aims to have them in 36 locations by the end of 2020, as it races with Amazon.com and Microsoft Corp for market share. After a rocky start in the cloud business, Oracle, a longtime business software […]