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EU countries, lawmakers reach deal on data rules targeting Big Tech

EU countries and EU lawmakers on Tuesday agreed on rules that govern how Big Tech and other companies use European consumer and corporate data, with safeguards against non-EU governments gaining illegal access. ....

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Oracle cuts hundreds of jobs, rescinds job offers in its health unit - Insider

Software firm Oracle on Thursday laid off hundreds of employees, rescinded job offers and cut back open positions within its health unit, the Insider reported, citing three people familiar with the matter. ....

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SAP co-founder Plattner intends to sell nearly 1.46 mln shares

Hasso Plattner, co-founder of German software firm SAP , concluded an agreement with a bank, which was not named, to dispose of nearly 1.46 million shares of the company, a disclosure release said on Wednesday. ....

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AI startup Cohere raises $270 mln in Nvidia-backed funding round

Cohere, an AI foundation model company that competes with Microsoft-backed OpenAI, said on Thursday it had raised $270 million in a funding round backed by Nvidia , Oracle and Salesforce Ventures, among others. ....

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Salesforce CEO shakes up top ranks, hints at succession plan - Insider

Salesforce Inc CEO Marc Benioff has shuffled the top management, a person familiar with the matter told Reuters on Tuesday, a move that follows after the software company reported its slowest quarterly revenue growth since 2010. ....

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