Local data center opposition claims its latest victim: Oracle's Project Jupiter gas plant

Tech Insider : Politics, Business, Environment
Data Center Box Elder County Protest
Data centers are facing rising opposition from local communities.

Natalie Behring/Getty Images

Wall Street says Oracle is a buy. The investors selling it can count to $300 billion.

TNW News

Oracle’s stock has fallen nearly 50 per cent since hitting a record in September and dropped 14 per cent in the six sessions through Thursday, its worst stretch in months. Of the 51 Wall Street analysts tracked by Bloomberg who follow the company, 41 have buy ratings and only one rates it a sell. The […]

A massive Oracle data center planned for rural Michigan secures $16 billion in funding

Tech Insider : Business, Economy
A digital rendering of a huge data center campus planned for rural Michigan
A digital rendering of the huge 1-gigawatt data center campus planned for Saline, Michigan, which will serve Oracle's AI business.

Courtest of Related Digital

Big Tech's AI data centers are pushing the power grid to its limits — and one state is feeling it the most

Tech Insider : Economy, Business
Google data center Texas
Power demand in Texas could quadruple by 2032, driven by data centers seeking to connect to the grid.

Bloomberg/Getty Images

The AI data center boom is moving closer to cities — and this Texas developer just raised $2 billion to bet on it

Tech Insider : Business, Technology
The Stargate AI data center under construction in Abilene, Texas, US
Texas is becoming a hot spot for AI data centers, including mega-campuses like Stargate in Abilene.

Bloomberg/Getty Images

Forget GDP. Meet GDI: The new economic scorecard for AI power

Tech Insider : Economy, Business
Attendees during a media event at the Google Midlothian Data Center in Midlothian, Texas.
Attendees during a media event at the Google Midlothian Data Center in Midlothian, Texas.

Bloomberg/Getty Images

I was laid off from Oracle after almost 10 years. It felt cold, but it taught me an important lesson about priorities.

Tech Insider : Business
Pamela Price smiling in a headshot with a tan background, a dark navy blue blazer, a white blouse, and pearls.
Pamela Price heard rumors about possible layoffs at Oracle, but didn't think she would be affected.

Courtesy of Pamela Price

Debris from an intercepted missile struck Oracle's Dubai office days after Iran threatened US companies in the region

Tech Insider : Business, Economy, Travel
Smoke from a rocket interception is seen in the sky over Dubai during a previous incident
Smoke from a rocket interception is seen in the sky over Dubai during a previous incident

AFP via Getty Images

What Oracle offered in severance to laid-off US employees

Tech Insider : Business, Style

Oracle is providing severance packages of up to 26 weeks for US-based employees impacted by layoffs. Those affected were informed via email early Tuesday morning. The package includes four weeks of base pay, plus an additional week for each year of service.

Here's the severance package Oracle offered laid-off US employees

Tech Insider : Business
Oracle co-CEO Clay Magouyrk
Oracle co-CEO Clay Magouyrk

Bloomberg/Getty Images

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