Oracle news

Oracle co-founder Larry Ellison lost $104 billion in two months as the company's stock fell 54%. The drop reflects market uncertainty over Oracle's high-stakes, capital-intensive strategy to compete in the AI infrastructure race.

Oracle is installing a Quantinuum quantum computer directly into its cloud infrastructure. The move aims to give enterprise customers on-demand access to quantum power for demanding AI and high-performance computing workloads, simplifying a complex technology.

Oracle's AI Database now supports the EBCDIC character set used by IBM mainframes. This removes a major technical barrier, making it significantly easier for large enterprises to migrate their legacy applications to modern infrastructure.

Oracle co-founder Larry Ellison made a striking comment about the societal impact of constant surveillance. He suggested widespread recording would compel citizens to be on their 'best behavior,' raising questions about privacy, freedom, and a monitored society.

CISA has added a high-severity Oracle WebLogic Server vulnerability, CVE-2024-21182, to its Known Exploited Vulnerabilities catalog. The flaw allows unauthenticated attackers with network access to take control of affected servers. Evidence confirms that this vulnerability is being actively exploited in the wild, requiring immediate attention.

Oracle has patched a critical zero-day flaw in its PeopleSoft software that was actively used by hackers for data theft. The vulnerability allowed attackers to run code remotely without needing a password.

CISA has issued an urgent directive for U.S. federal agencies to patch a two-year-old, high-severity vulnerability in Oracle WebLogic Server. The flaw is now being actively exploited in attacks, making it a critical threat for organizations still running unpatched versions of the enterprise software.