EN zh-TW

newsio aggregates and links to original sources. We do not own the original images or content. If you believe content infringes on intellectual property rights, contact us — it will be removed at first notice.

business / news / / Los Angeles Times

Software giant Oracle has shed more than 700 workers in California, filings show.

Oracle has laid off over 700 workers in four California cities, per government filings.

KEY POINTS
COMPANIES
Read the full story on Los Angeles Times → →
Share X LinkedIn

Summarized by Newsio from Los Angeles Times. How we summarize →

RELATED 03
genai · news · 11h 211

Meta Business Agent is an AI-powered assistant designed to help businesses automate customer support, sales, scheduling and other operational tasks.

  • Meta launched Meta Business Agent, an AI assistant to automate sales, support, and scheduling tasks.
  • Meta Business Agent can integrate with external enterprise software to perform actions using business data.
The Economic Times →
business · news · 4h 140

The European Commission is investigating the $111 billion Paramount-WBD deal.

  • The EU is probing $24 billion in Middle Eastern funding of the Paramount-WBD merger under new subsidy rules.
  • Paramount disclosed Gulf States will own about 38.5% equity in the merged company but lack voting rights.
Variety →
business · news · 5h 136

U.S. entertainment giant sought EU approval under its Foreign SubsidiesRegulation.

  • Paramount Skydance Corp's $110 billion takeover of Warner Bros Discovery is under EU subsidy scrutiny.
  • The deal is backed by Saudi PIF, Abu Dhabi's L'imad Holding, and Qatar Investment Authority.
The Star →