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News 2026-07-23 11:58 UTC

As Wall Street Frets Over Alphabet's AI Spending Binge, Mark Cuban Says Google Is Simply Doing What Worked in 1998: 'We Needed to Have More

Billionaire entrepreneur Mark Cuban is defending Alphabet Inc. ‘s (NASDAQ: GOOG ) (NASDAQ: GOOGL ) massive artificial intelligence capital expenditures, likening the tech giant’s strategy to the 1998 internet boom where companies must “push in all their chips” to secure dominance. Echoes of the 1998 Tech Boom Respondin

News 2026-06-23 13:43 UTC

Oracle Cuts 21,000 Jobs

Oracle reduces workforce by 13% over the past 12 months, citing AI deployment, and joins other tech giants in slashing jobs to offset AI buildout costs

News 2026-06-23 10:27 UTC

Oracle Cuts 21,000 Jobs

Oracle reduces workforce by 13% over the past 12 months, citing AI deployment, and joins other tech giants in slashing jobs to offset massive AI buildout spending

News 2026-06-23 10:17 UTC

Oracle Cuts 21,000 Jobs

Oracle reduced its workforce by 13% over the past 12 months, citing AI deployment, and now employs 141,000 full-time workers