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Oracle – XtremeCuztoms

Tag: Oracle

The TikTok Trojan Horse and China’s Long Arm of Artificial Intelligence: Geoffrey Cain

 In this episode of American Thought Leaders, I sit down with Geoffrey Cain, an award-winning journalist, technologist, and author of “The Perfect Police State: An Undercover Odyssey into China’s Terrifying Surveillance Dystopia of the Future.” “Everybody was constantly being watched by an artificial intelligence system, which was called the IJOP,” says Cain, referring to a…


PREMIERING 7:30PM ET: The TikTok Trojan Horse and China’s Long Arm of Artificial Intelligence: Geoffrey Cain

This episode will premiere on Thursday, Sept. 29, at 7:30 p.m. ET.  In this episode of American Thought Leaders, I sit down with Geoffrey Cain, an award-winning journalist, technologist, and author of “The Perfect Police State: An Undercover Odyssey into China’s Terrifying Surveillance Dystopia of the Future.” “Everybody was constantly being watched by an artificial…


Oracle to Pay About $23 Million to Resolve a Second SEC Bribery Case

Oracle Corp. will pay about $23 million to resolve charges its units in Turkey, the United Arab Emirates and India used slush funds to bribe foreign officials in order to win business, the U.S. Securities and Exchange Commission said on Tuesday. The case covered alleged wrongdoing from 2014 to 2019, and is the second time…


Oracle Meets Revenue Targets on Cerner Boost, Cloud Strength

By Akash Sriram Oracle Corp met Wall Street targets for first-quarter revenue on Monday as the enterprise software maker started to reap the benefits of buying healthcare IT firm Cerner. Demand for its cloud services also remained strong, driving segment revenue up 45 percent to $3.6 billion, including contribution from Cerner. With hybrid work gaining…


The Death of Intellectual Property? Andy Warhol Versus Lynn Goldsmith

Commentary The Supreme Court has been making a lot of controversial decisions lately, but one upcoming decision that could have a great impact on American innovation isn’t getting much press. The legal basis for U.S. intellectual property (IP) rights is found in Article I, Section 8 of the U.S. Constitution. The Founding Fathers believed that…


TikTok Moves US User Data to Oracle Servers

NEW YORK/WASHINGTON—TikTok said it has completed migrating information on its U.S. users to servers at Oracle Corp, in a move that could address U.S. regulatory concerns over data integrity on the popular short video app. The move, which was first reported by Reuters, comes nearly two years after a U.S. national security panel ordered parent…


Analysts Slash Their PTs on Oracle as They Did Not Buy Its Growth Story

Analysts slashed their price targets on Oracle Corp post Q3 results. Piper Sandler analyst Brent Bracelin downgraded to Underweight from Neutral with a PT of $70 (8.7 percent downside), down from $100. Bracelin found it challenging to reach double-digit organic growth next year, sustaining a cloud shift considering more than 70 percent of revenue came from the traditional Oracle product…


Monness Crespi Sees 46% Upside to Oracle—Read Why

Monness Crespi analyst Brian White notes that Oracle Corp. stock has experienced a sharp decline in recent weeks. The analyst believes Oracle’s selloff is a knee-jerk reaction to its announcement last month to acquire Cerner Corp., creating an “attractive buying opportunity.” Further, White thinks Oracle offers investors a high-quality, value play with the opportunity to capitalize on the…


Read How Analysts View Oracle Post Cerner Deal

Keybanc analyst Michael Turits downgraded Oracle Corp. from Overweight to Sector Weight. Patrick Walravens from JMP Securities maintained a Hold on Oracle. Stifel analyst Brad Reback reiterated a Hold and a price target of $87 on Oracle, implying a 5.1 percent downside. The re-rating follows Oracle’s plans to acquire Cerner Corp. in an all-cash transaction of $95 per share. Reback believes that…


Oracle Makes Cloud Region Debut in Nordics

Oracle Corp. marked its cloud region debut in the Nordics in Stockholm and Milan, Italy. Oracle already has cloud regions in Germany, the Netherlands, France, the UK, and Switzerland in Europe. Reuters reports that including the two new regions, it will have facilities in 36 regions worldwide, with plans to add eight more by the…