SpaceX Obtains Option to Buy Cursor for $60 Billion

In an X post on Tuesday, SpaceX referred to a clumsily named entity called “SpaceXAI”—a term Musk has used before—but that’s ...

SpaceX says it has option to acquire startup Cursor for $60 billion

April 21 (Reuters) - SpaceX said it has secured an option to either acquire code-generation startup Cursor for $60 billion ...
Business Insider

Cursor acknowledges its new low-cost coding model has Chinese bones

Cursor left out one key detail about its new coding model: it started from Kimi K2.5. Composer 2 is cheaper, more capable — and built on a Chinese open-source model, Cursor's executives said. An X ...
Business Insider

Oracle lays off employees as it curbs costs during AI buildout

Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...
CNBC

Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...
New York Post

Bloodbath at Oracle as staff stunned by brutal 6 a.m. layoffs email

Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The message from one of the world’s largest software companies, chaired by ...
NDTV

"Your Last Working Day": Oracle's 6 am Layoff Email That Ended Thousands of Jobs

In India, an estimated 12,000 employees are said to have been affected. Thousands of employees at Oracle Corporation woke up to an unexpected and unsettling message early Tuesday morning -an email ...
Forbes

Oracle’s $10 Billion Bet On AI Sends Shares Down 57% And 30,000 Workers Out The Door

Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. This voice experience is generated by AI. Learn more. This voice ...
Forbes

Oracle Layoffs Lead To Heartbreaking Posts On LinkedIn

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. REDWOOD SHORES, CALIFORNIA - MARCH 10: The Oracle logo is displayed on a building at an ...
Reuters

Oracle begins layoffs affecting thousands, CNBC reports

March 31 (Reuters) - Cloud computing firm Oracle (ORCL.N), opens new tab is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. Late on Tuesday, ...
NDTV

Oracle Layoffs 2026: Manager Shares Emotional Post After 16-Year Career Ends

The post has received support from fellow tech professionals. A senior software leader at Oracle has spoken about the emotional toll of recent layoffs, offering a personal glimpse into the wider wave ...