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Oracle stock jumps after $30 billion annual cloud deal revealed in filing

Oracle CEO Safra Catz speaks at the FII PRIORITY Summit in Miami Beach, Florida, on Feb. 20, 2025. Oracle shares jumped more than 5% after a recent filing showed a cloud deal that would add over $30 billion annually. CEO Safra Catz is slated to share the deal news at a company meeting Monday, according to a filing with the Securities and Exchange Commission. The revenues are expected to start hitting in the 2028 fiscal year. "Oracle is off to a strong start in FY26," Catz is expected to say,

Nothing Phone 3 battery, charging specs leak, and it beats the S25 Ultra

TL;DR The Nothing Phone 3 has surfaced via a regulatory filing. The filing reveals the phone’s battery capacity, charging speed, and a couple of other details. Nothing’s new handset will launch on July 1. The Nothing Phone 3 launches next week, and we already have a good idea of what to expect thanks to leaks and official disclosures. Now, a regulatory filing has revealed pleny of details about the new phone. The Tech Outlook spotted an FCC filing for the Nothing Phone 3, featuring the model

Elon Musk’s Lawyers Claim He ‘Does Not Use a Computer’

Elon Musk’s lawyers claimed that he “does not use a computer” in a Sunday court filing related to his lawsuit against Sam Altman and OpenAI. However, Musk has posted pictures or referred to his laptop on X several times in recent months, and public evidence suggests that he owns and appears to use at least one computer. Musk and his artificial intelligence startup xAI sued OpenAI in February 2024, alleging the company committed breach of contract by abandoning its founding agreement to develop

Companies Warn SEC That Mass Deportations Pose Serious Business Risk

As the Trump administration executes an aggressive deportation campaign across the United States, a growing number of US companies warn that the crackdown could threaten their operations. Since January, more than 40 companies have mentioned the impact of deportations in filings to the US Securities and Exchange Commission, with many saying it could hurt the labor force, increase the risk of a recession, or create more economic uncertainty, according to 74 filings reviewed by WIRED. The impacted