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Oracle Names New CFO Amid Rising AI Investment Pressure

Oracle has appointed Hilary Maxson as its new chief financial officer, signaling a strategic shift as the company accelerates spending on artificial intelligence and cloud infrastructure. Maxson joins from Schneider Electric, where she served as group CFO and helped guide the firm’s transformation into a digital energy and technology-focused business. Her appointment restores a formal […]

Wipro Shares Rise After $375M Olam IT Acquisition

Wipro shares gained after the company announced it would acquire the IT services business of Olam Group for an enterprise value of $375 million, marking its largest acquisition to date. The deal involves the purchase of 200 million shares of Mindsprint, Olam’s IT and digital services arm, through Wipro Networks. Mindsprint provides services across multiple […]

Netflix Launches ‘Playground’ Gaming App for Kids

Netflix has introduced a new gaming app called “Netflix Playground”, targeting young children as part of its broader strategy to expand beyond video streaming into interactive entertainment. The app features games built around well-known children’s franchises such as Peppa Pig and Sesame Street, offering a curated environment designed specifically for users aged eight and under. […]