Meituan, Mobike, Xiaomi, and others are migrating away from Oracle and IBM databases, replacing them with software by PingCAP.
CEO Hurd touts cloud apps growth, "commanding lead" in accounting and HR apps.
Oracle’s decision also is a maneuver meant to preserve the company’s lucrative database business and make its software applications more attractive to companies interested in moving more of their information technology needs to cloud services like...
The cutbacks represent a small portion of its 137,000 employees but include people who worked in Oracle’s infrastructure cloud units meant to help spur growth.
Oracle reported a strong sales forecast, signaling that it expects greater customer demand in its transition to becoming a cloud provider
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Government Accountability Office dismissed Oracle’s challenge to the Pentagon’s $10 billion cloud contract
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