Oracle is moving its world HQ to Nashville

Larry Ellison, co-founder and chairman of Oracle, speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 3, 2017. David Paul Morris | Bloomberg | Getty Images Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter. In … Read more

Oracle met with Senate aides on TikTok data housing project

A smartphone with the Tik Tok logo is seen in front of a displayed Oracle logo in this illustration taken, Septemeber 14, 2020. Dado Ruvic | Reuters Oracle’s top lobbyist in Washington met privately with Senate aides about the company’s data housing agreement with TikTok this spring, after a bill that could effectively ban the … Read more

Epic Systems boots Particle Health for unauthorized sharing of data

The eponymous sign outside Epic headquarters in Verona, Wisconsin. Source: Yiem via Wikipedia CC Epic Systems, the largest provider of software for managing medical records, says a venture-backed startup called Particle Health is using patient data in unauthorized and unethical ways that have nothing to do with treatment. Epic told customers in a notice on … Read more

Google unveils Axion Arm-based chips for energy-efficient computing

Google is trying to make cloud computing more affordable with a custom-built Arm-based server chip. At its Cloud Next conference in Las Vegas on Monday, the company said the new processor will become available later in 2024. With the new Arm-based chip, Google is playing catch-up with rivals such as Amazon and Microsoft, which have … Read more

Oracle, ChatGPT and the ‘sovereign’ cloud nations will seek in future

Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Every tech company is talking up its AI opportunity. Oracle is no exception. But during an earnings call in March, Oracle’s Larry Ellison laid out a future market opportunity focused … Read more

Details of David Ellison bid

Skydance Media’s offer to acquire National Amusements and merge its studio with Paramount Pictures isn’t a conventional takeover. The question for Paramount Global shareholders might be: Is it better than no deal at all? Skydance has made a unique pitch to Paramount Global’s special committee, in charge of accepting or rejecting transactions, and its investors, … Read more

SEC charges Arista co-founder Andy Bechtolsheim with insider trading

Andreas “Andy” Von Bechtolsheim, co-founder of Arista Networks Inc., speaks during a Bloomberg West television interview in San Francisco, California, U.S., on Thursday, May 2, 2013. David Paul Morris | Bloomberg | Getty Images Andy Bechtolsheim, the co-founder of Sun Microsystems and Arista Networks, has reached a settlement with the SEC on insider trading charges … Read more

Elon Musk buying Nvidia hardware even as Tesla aims to build AI rival

Tesla CEO, Elon Musk (L), and Nvidia CEO, Jensen Huang (R). Reuters In November 2023, at an all-hands meeting with employees, Nvidia CEO Jensen Huang was asked whether the company would follow the lead of Apple and Disney and suspend its advertising on X due to rising levels of antisemitism and other hate speech on … Read more

Nvidia announces GB200 Blackwell AI chip, launching later this year

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California.  Justin Sullivan | Getty Images Nvidia on Monday announced a new generation of artificial intelligence chips and software for running artificial intelligence models. The announcement, made during Nvidia’s developer’s … Read more

U.S. retail sales in sharp focus

Customers visit the Macy’s Herald Square store in New York City on Dec. 17, 2023. Kena Betancur | Corbis News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more