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© 2026 Developments Today. All rights reserved.

PeopleSoft 0-day affecting hundreds of organizations steals gigabytes of data

PeopleSoft zero-day breaches widen before Oracle patch arrives

The flaw is tracked as CVE-2026-35273 and rated 9.8 out of 10.
Mandiant says exploitation started more than two weeks before Oracle's alert.
Victims have reportedly received extortion demands.
A stopgap mitigation exists, but the report said a full patch was still pending.

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DT Editorial Team·Jun 13, 2026·via arstechnica.com

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Senator Raises Alarms Over TikTok's Handling of American Users' Data

Senator Presses TikTok and Oracle for Details on U.S. Data Safeguards

Markey asked TikTok USDS and Oracle for more detail on data and code oversight.
ByteDance still retains a 19.9 percent stake in the joint venture.
The letters focus on source-code review, algorithm retraining, and access controls.

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DT Editorial Team·May 30, 2026·via gizmodo.com

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Oracle CTO Larry Ellison onstage at Oracle Open world

Oracle Layoff Fight Highlights the Limits of Tech Severance in a Remote-Work Era

Former employees say Oracle’s severance formula did not include accelerated vesting for soon-to-vest RSUs.
Some workers said remote classification meant Oracle said they did not qualify for WARN Act protections.
The case underscores how stock-heavy compensation can amplify the impact of layoffs.

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DT Editorial Team·May 9, 2026·via techcrunch.com

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Oracle Lays Off Thousands to Offset AI Spending

Oracle layoffs underscore the cost of the AI infrastructure race

Oracle laid off thousands of workers, though the company has not disclosed a full total.
A WARN filing shows 539 layoffs in Kansas City, providing one of the first hard numbers.
Analyst commentary links the cuts to Oracle's effort to finance major AI and data center spending.

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DT Editorial Team·Apr 1, 2026·via gizmodo.com

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Oracle reportedly lays off thousands of employees to bankroll its massive AI infrastructure bet

Oracle’s AI Buildout Reportedly Triggers Deep Job Cuts as Spending Pressure Mounts

Oracle is reportedly cutting thousands of jobs while ramping AI infrastructure spending.
Analysts cited in the source estimate layoffs on the order of 20,000 to 30,000 roles could free up up to $10 billion in cash flow.
Oracle says demand for AI hardware exceeds supply and points to $553 billion in guaranteed revenue, including a large OpenAI order.

DE

DT Editorial Team·Mar 31, 2026·via the-decoder.com

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