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

Tony Robbins’ hunger campaign grew from 100 million meals to 1 billion

Inspired by his childhood experience with food assistance during Thanksgiving, Tony Robbins has made hunger…

2 hours ago

India exports 18-coach LHB train to Bangladesh with CCTVs and baby care rooms

Bangladesh Railway placed a fresh order through RITES in 2024 for the manufacture and supply…

2 hours ago

Karnataka sets 2030 goal to strengthen disaster prevention and resilience

Karnataka's deputy chief minister has set an ambitious target for the state to become a…

2 hours ago