Oracle cites 'force majeure' to shield itself on data center, Bloomberg News reports
Sept 24 : Oracle is seeking to protect itself from potential cost increases related to a large data center project in New Mexico by sending a "force majeure" notice to the project's developer, a unit of Blue Owl, Bloomberg News reported on Thursday.Shares of the company fell around 4 per cent in morning tradi
Oracle cites 'force majeure' to shield itself on data center, Bloomberg News reports
Sept 24 : Oracle is seeking to protect itself from potential cost increases related to a large data center project in New Mexico by sending a "force majeure" notice to the project's developer, a unit of Blue Owl, Bloomberg News reported on Thursday.Shares of the company fell around 5 per cent in trading after
Oracle triggers 'force majeure' on data center project over power delays, source says
Sept 24 : Oracle issued a "force majeure" notice to a Blue Owl unit, the developer of a large New Mexico data center, citing potential delays in securing power for the project, a person familiar with the matter told Reuters on Thursday.Shares of Oracle were down 3.3 per cent. The source said that securing pow
Oracle triggers 'force majeure' on data center project over power delays, source says
Sept 24 : Oracle issued a "force majeure" notice to a Blue Owl unit, the developer of a large New Mexico data center, citing potential delays in securing power for the project, a person familiar with the matter told Reuters on Thursday.Shares of Oracle were down 3.3 per cent. The source said that securing pow
last updated on 24 Sep 21:16