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.
Outlook Business

Oracle Layoffs Were 'Not Random', Insider Claims Algorithm Targeted Top Talent

Nina Lewis, Security Alert Manager, Oracle wrote in a post on Linkedin that the layoffs may not have been entirely random.
New Orleans City Business

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

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

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

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 $26 million ...
Android

Oracle to Retrain TikTok's Algorithm with U.S. User Data

A deal to prevent a US TikTok ban is now in place. The app’s algorithm will be copied, overseen by Oracle, and retrained using only American user data. This new, separate system addresses national ...
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 ...
ABC7

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 ...