Categories: Top Stories

Oracle hires new CFO after layoffs; says demand for AI, cloud rising

Oracle has initiated a new week by appointing Hilary Maxson as its new Chief Financial Officer, following recent widespread layoffs. This move comes as the software giant invests heavily in AI infrastructure, taking on significant debt. Maxson, with extensive financial experience, aims to ensure disciplined investment for customer and shareholder value amidst Oracle’s ambitious cloud and AI expansion plans.

The News Vista

Share
Published by
The News Vista

Recent Posts

India’s Javelin buy: What US anti-tank missile adds to army’s arsenal

India is set to enhance its defense capabilities by acquiring the Javelin anti-tank missile system…

2 hours ago

Japan culled 14,000+ bears after record attacks, plans to remove 8,800 more

Japan is currently grappling with a significant rise in bear conflicts, with incidents surging alarmingly.…

2 hours ago

170-year-old California cattle ranch sold for $15.5m, will open to public

In a landmark initiative, the Wildlands Conservancy is set to acquire the AP Ranch in…

2 hours ago

Alliance Air flight from Delhi suffers tyre burst while landing in Bilaspur

An Alliance Air flight experienced a tyre burst while landing at Bilaspur airport. The aircraft…

2 hours ago

First exam reforms, now school thik karo: Has CJP changed the discourse of politics?

Protests led by students seeking better school environments have expanded beyond national dialogues into local…

3 hours ago