Oracle, Silver Lake, and MGX each secured 15% stakes in the newly formed JV, while ByteDance retains 19.9% ownership of what was once their crown jewel.

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Oracle has evolved from a stodgy legacy software company to a cloud-first service provider. The company is winning massive multiyear cloud contracts with leading hyperscalers. Oracle is taking on debt ...

Oracle has sold off since its post-earnings surge. The tech giant’s cloud growth depends on a handful of key customers. Oracle is taking on debt and undercutting the competition on pricing. Oracle ...

The 15-hour disruption to Amazon Web Services, a cloud-based computing service, on Monday shook internet users around the world, disrupting everything from travel to financial transactions — and ...

Amazon says a massive outage of its cloud computing service has been resolved as of Monday evening, after a problem disrupted internet use around the world, taking down a broad range of online ...

NEW YORK (AP) — Internet disruptions tied to Amazon's cloud computing service affected people around the world Monday trying to connect to online services used for work, social media and video games.

Amazon Web Services are down globally. According to Downdetector – the website performance tracking website, over 15,000 users across different regions are impacted by the outage. The company has ...

Snapchat, Roblox, Canva, Fortnite, Duolingo, some banks, including Halifax, Lloyds and Bank of Scotland, and many other websites have been affected after AWS went down. Amazon Web Services (AWS) ...

A widespread outage affecting Amazon Web Services (AWS) temporarily took down dozens of major websites and applications Monday, underscoring how deeply the cloud computing giant is embedded in the ...

Amazon's cloud services unit, Amazon Web Services (AWS), is recovering early Monday morning following an outage that caused connectivity issues for companies and disrupted services for popular ...