Keyword: oracle
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As thousands of Oracle employees awoke on Tuesday to an email informing them they were being laid off, the workers likely didn’t know the tech company had been busy trying to hire foreign staff. According to U.S. Citizenship and Immigration Services data, Oracle filed for roughly 3,126 petitions to employ H-1B workers in fiscal years 2025 and 2026. Employers must submit the paperwork when seeking to hire foreign workers in specialty occupations like technology. Some 436 of those petitions were filed this year alone. Amazon, which in January said it would axe 16,000 corporate employees, has filed for some 2,675...
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In a move that feels less like a corporate transaction and more like the final punchline to a 40-year industry rivalry, AMD announced Wednesday that it has agreed to acquire Intel, the company it has spent decades chasing, imitating, undercutting, suing, licensing from, and lately outperforming. The all-stock transaction, which AMD described as a "once-in-a-generation opportunity to unify x86 innovation," would combine the two companies under a single umbrella just a few years after such an outcome would have sounded ridiculous. For most of modern computing history, Intel was the empire and AMD the scrappy survivor, the perpetual second source...
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Major Bay Area tech company Oracle reportedly axed thousands of jobs in a massive layoff Tuesday, notifying fired employees they were jobless in an email sent at 6 a.m.. The email from one of the world’s largest software companies, chaired by billionaire Larry Ellison, informed employees across multiple regions that Tuesday would be their last day at the company. “After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change,” copies of the email viewed by Business Insider stated. “As a result, today is your last working...
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Former Starbucks CEO Howard Schultz is ditching his longtime residence in Seattle for Florida, just as Washington Democrats are nearing the finish line on a proposed "millionaires tax." Schultz, who served as board director of the coffee chain until 2023, said in a statement on social media that he and his wife are moving to Miami as part of the "retirement phase" of their lives. Schultz, who has lived in Seattle for more than four decades, purchased a $44 million penthouse in Surfside, Fla., according to reports, and will relocate his private family office to Miami. Schultz, who owns roughly...
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Paramount Skydance says it would pay a $2.8 billion termination fee Warner would have to pay if it breaks off the deal with Netflix. Lucas Shaw reports. Paramount Sweetens Its Hostile Bid for Warner Bros. | 4:16 Bloomberg Technology | 716K subscribers | 6,349 views | February 10, 2026
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"The market has indicated this is not investment-grade debt." It’s 2026, and tech companies continue to insist they need to spend staggering amounts of money on AI data centers. Yet for all of its enthusiasm over the past few years, Wall Street is finally starting to squint at the numbers. According to new reporting by Business Insider, JPMorgan Chase is running into trouble finding investors interested in servicing billions in debt backing two of the first five Stargate data centers. Stargate is Donald Trump’s $500 billion AI project led by tech companies Oracle and OpenAI. Its vague goal, OpenAI has...
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Tesla boss Elon Musk has become the first person ever to achieve a net worth of more than $500bn (£370.9bn), as the value of the electric car company and his other businesses have risen this year. The tech magnate's net worth briefly reached $500.1bn on Wednesday afternoon New York time, before dipping slightly to just over $499bn later in the day, the Forbes billionaires index reported. Alongside Tesla, valuations of his other ventures, including the artificial intelligence start-up xAI and rocket company SpaceX, have also reportedly climbed in recent months. The milestone further cements Musk's status as the world's richest...
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In Abilene, Texas—in the heart of what locals call the Big Country, long defined by ranching, farming, shale oil exploration, and now dotted with wind turbines—OpenAI and Oracle staged a carefully crafted media showcase on Tuesday to talk about the latest boom underway... In Abilene alone, a crew of 6,400 workers have already moved massive amounts of soil to flatten the hills, and laid down enough fiber optic cable to wrap the Earth 16 times.... The five new Stargate projects—in Texas, New Mexico, Ohio, and in an undisclosed Midwest location—will bring Stargate’s current pipeline to nearly 7 gigawatts and more...
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Trump-China deal hands TikTok’s U.S. algorithm to Larry Ellison's Oracle Contents 1. Oracle takes over algorithm, code, data, and surveillance systems 2. New U.S.-based TikTok venture has Oracle, private equity, and tight restrictions In this post: Trump approved a deal handing control of TikTok’s U.S. algorithm to Oracle. Oracle will rebuild, retrain, and monitor the algorithm without ByteDance involvement. The new U.S.-based TikTok venture will be majority-owned by American investors. Oracle is now taking full control of TikTok’s U.S. algorithm under a national security deal signed off by President Donald Trump, according to a statement from the White House. The...
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The temple of Apollo, cradled in the spectacular mountainscape at Delphi, was the most important religious site of the ancient Greek world, for it housed the powerful oracle. Generals sought the oracle's advice on strategy. Colonists asked for guidance before they set sail for Italy, Spain and Africa. Private citizens inquired about health problems and investments. The oracle's advice figures prominently in the myths. When Orestes asked whether he should seek vengeance on his mother for murdering his father, the oracle encouraged him. Oedipus, warned by the oracle that he would murder his father and marry his mother, strove, with...
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Tradition attributed the prophetic inspiration of the powerful oracle to geologic phenomena: a chasm in the earth, a vapor that rose from it, and a spring... The ancient testimony, however, is widespread, and it comes from a variety of sources: historians such as Pliny and Diodorus, philosophers such as Plato, the poets Aeschylus and Cicero, the geographer Strabo, the travel writer Pausanias, and even a priest of Apollo who served at Delphi, the famous essayist and biographer Plutarch... in about 1900, a young English classicist named Adolphe Paul Oppe['s] opinions were so strongly expressed that his theory became the new...
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Lights, camera, Acropolis! Officials in cash-strapped Greece approved a cheaper pricing plan meant to lure film crews and photographers to its historic attractions — including the home of the Parthenon. The Greek culture ministry slashed the cost of a one-day film shoot at the Acropolis by more than half, from more than $5,000 a day to about $2,050. The rate for photographers was cut by roughly one-third, from $385 a day to $256. The reduced rates come with a plan to speed up approval of the permits.
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Seeps from which gas and oil escape were formative to many ancient cultures and societies. They gave rise to legends surrounding the Delphi Oracle, Chimaera fires and "eternal flames" that were central to ancient religious practices - from Indonesia and Iran to Italy and Azerbaijan. Modern geologists and oil and gas explorers can learn much by delving into the geomythological stories about the religious and social practices of the Ancient World, writes Guiseppe Etiope of the National Institute of Geophysics and Volcanology in Italy. His research is published in the new Springer book Natural Gas Seepage. "Knowing present-day gas fluxes...
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Olympia, the Sanctuary of Zeus and venue of the Olympic Games in Ancient Greece, was probably destroyed by tsunamis that reached far inland, and not as previously believed, by earthquakes and river flooding... Paläotsunamis that have taken place over the last 11,000 years along the coasts of the eastern Mediterranean. The Olympic-tsunami hypothesis has been put forward due to sediments found in the vicinity of Olympia, which were buried under an 8 metres thick layer of sand and other debris, and only rediscovered around 250 years ago. "The composition and thickness of the sediments we have found, do not fit...
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Major Quake Likely in Middle East, Survey Finds Kate Ravilious for National Geographic News July 26, 2007 In A.D. 551, a massive earthquake devastated the coast of Phoenicia, now Lebanon. The disaster is well-documented, but scientists had struggled over the years to locate the earthquake fault. Now a new underwater survey has uncovered the fault and shown that it moves approximately every 1,500 years—which means a disaster is due any day now. "It is just a matter of time before a destructive tsunami hits this region again," said Iain Stewart, an earthquake expert at the University of Plymouth in the...
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Researchers at the University of Leicester have unravelled a 2,700 year old mystery concerning The Oracle of Delphi -- by consulting an ancient farmer's manual. The researchers from the School of Archaeology and Ancient History sought to explain how people from across Greece came to consult with the Oracle... on a particular day of the year even though there was no common calendar... celestial signs observed by farmers could also have determined the rituals associated with Apollo Delphinios. Postgraduate student Alun Salt said: ..."I was playing around with a planisphere while suffering from insomnia. This is when I noticed that...
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A Washington Post article about banning laptops in the classroom claims that professors have found themselves losing to the “cone of distraction” generated by these devices. It’s ironic because the universities themselves exerted strenuous efforts to ensure that every student had a laptop only to find them a nuisance. They mandated them only to ban them. > Julian Jaynes in his “The Origin of Consciousness in the Breakdown of the Bicameral Mind” claimed that men once heard different parts of their brain as distinct voices. “According to Jaynes, ancient people in the bicameral state would experience the world in a...
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Numerous classical authors report that natural phenomena played an essential part in one of their most sacred religious rituals: the oracle at Delphi. According to the geographer Strabo (c. 64 B.C.–25 A.D.), for example, "the seat of the oracle is a cavern hollowed down in the depths … from which arises pneuma [breath, vapor, gas] that inspires a divine state of possession" (Geography 9.3.5). Over the past five years, a team of researchers -- a geologist, an archaeologist, a chemist and a toxicologist -- has put that claim to the test, making it much more likely that we will actually...
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On an unknown date around the 560s B.C.E., the storyteller Aesop is supposed to have been executed in Delphi by being hurled from the Hyampeia rock. The semi-legendary fable-fashioner is not quite so irretrievable to history as, say, Homer, although assuredly many or all of the tales that have accrued under the heading “Aesop’s Fables” trace to origins other than this man. Supposed to have lived from the late 7th to mid 6th centuries B.C.E., Aesop is first referenced by history’s first historian, Herodotus. But by way of summation, we cannot improve upon Plutarch‘s succinct description of Aesop’s fate in...
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Pet owners who love to travel, as well those that live in Greece, will soon have a lot more places to take their beloved animal companions. This week, the country’s Culture Ministry announced that pets will soon be allowed into more than 120 archaeological sites—but not some of the most popular locations for tourists. The policy change was unanimously approved by Greece’s Central Archaeological Council. But pet owners shouldn’t rush to make plans, as the organization did not specify an implementation date for the new regulations. Pets still won’t be allowed at popular sites like the Acropolis in Athens, Knossos...
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