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Software company Oracle shares surge more than 35% on huge AI deals

[ad_1] Oracle shares surged more than 35 percent in early trading Wednesday after the software giant projected massive revenue growth based on contracts tied to artificial intelligence. Oracle CEO Safra Catz called the just-finished quarter “astonishing” as the company signed “four multi-billion-dollar contracts with three different customers.” About 40 minutes …

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Vimeo to be acquired by Bending Spoons in $1.38B all-cash deal

[ad_1] Video platform Vimeo announced on Wednesday that it has agreed to be acquired by Bending Spoons, one of Europe’s largest mobile app developers, in an all-cash deal valued at approximately $1.38 billion. The deal is expected to close in the fourth quarter of 2025, subject to customary closing conditions …

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