Software development

Creation and maintenance of software

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2025 Oracle plans to reduce its carbon emissions by 26% compared to the 2015 base year.
January 2025 President Donald Trump announced Stargate, a joint venture by Oracle, OpenAI, SoftBank, and MGX to invest $500 billion over four years in artificial intelligence infrastructure in the US.
2024 Continued growth with revenue increasing to $52,961 million and net income of $10,467 million, with workforce at 159,000 employees.
September 2024 Oracle announced significant investments in Cerner's core clinical operations, including tens of thousands of engineering hours and millions of dollars, and released the Oracle Clinical Digital Assistant, a generative AI system for creating consultation documentation and proposing medical orders.
July 2024 Oracle settled the class action lawsuit by paying $115 million to customers and agreeing to cease user tracking practices.
June 2024 Announced a $1 billion investment in Spain to enhance artificial intelligence and cloud computing, creating a new cloud region in Madrid in partnership with Telefónica.
April 2024 Announced plans to move world headquarters from Austin to a new complex in Nashville, Tennessee.
March 2024 South Africa's Special Investigating Unit discovered conflicts of interest, irregular processes, and non-compliance in Oracle's contract, and announced plans to petition for blacklisting Oracle, cancelling the contract, and recovering paid funds.
March 8 2024 Biden announced he would sign a bipartisan bill banning TikTok in the United States if ByteDance does not divest from the company.
2023 Oracle ranked 80th in the Forbes Global 2000 list of the world's largest companies.
2023 Significant growth with revenue reaching $49,954 million, employee count expanding to 164,000, and stock price rising to $104.69.
2023 Oracle was contracted by the Heritage Foundation to create a database of potential conservative employees for staffing a Republican administration through Project 2025, aimed at preparing for a potential Republican presidency in 2025.
February 2023 Announced a $1.5 billion investment in the Kingdom of Saudi Arabia, including opening a data centre in Riyadh.
February 27 2023 Biden changed his stance on TikTok, echoing Trump's 2020 concerns by ordering federal agencies to remove TikTok from all federal devices within thirty days, with federal contractors required to do the same within ninety days.
2022 Oracle was awarded a $9 billion cloud computing contract from the United States Department of Defense, shared with Amazon, Google, and Microsoft.
2022 Umang Gupta, former vice president and general manager, passes away.
2022 Company workforce increased to 143,000 employees, with revenue growing to $42,440 million.
September 2022 Oracle settled with the U.S. Securities and Exchange Commission (SEC) by agreeing to pay $23 million to resolve Foreign Corrupt Practices Act (FCPA) violations involving its subsidiaries in India, Turkey, and the United Arab Emirates.
August 2022 A class action lawsuit was filed against Oracle by Lieff Cabraser, alleging deliberate surveillance of users by tracking personal information without consent.
July 2022 Oracle completed the Cerner acquisition after receiving final approval from European regulators, officially bringing Cerner into Oracle Health and Oracle Life Sciences.
July 2022 Discussions between Oracle and Joe Gibbs Racing for a potential sponsorship were reported to have fallen through.
June 8 2022 Completed the acquisition of Cerner for US$28.3 billion in cash.
2021 Oracle began sponsoring the Red Bull Racing Formula One team.
2021 Oracle achieved a peak net income of $13,746 million, with stock price reaching $83.85 and employee count at 132,000.
December 20 2021 Oracle announced an agreement to acquire Cerner Corporation for approximately $28.3 billion, creating a dedicated Industry Business Unit within the company and marking Oracle's largest acquisition.
February 10 2021 The Wall Street Journal reported that the Biden administration would back off from banning TikTok and shelve the sale indefinitely, with the U.S. Commerce Department reviewing Trump's claims about the platform.
2020 Oracle became the third-largest software company in the world by revenue and market capitalization.
December 2020 Announced the relocation of world headquarters from Redwood Shores to Austin, Texas.
December 31 2020 Oracle reported total carbon dioxide equivalent (CO2e) emissions at 428 kilotonnes, which represented a 17% increase from the previous year.
September 19 2020 The Trump administration approved the sale of TikTok's US operations to Oracle, delaying restrictions that were originally set to take effect on September 20.
September 15 2020 As a result of a U.S. presidential executive order, Oracle entered into a trade deal with TikTok, becoming its potential technology partner and assuming responsibility for U.S. user data.
September 13 2020 Bloomberg News reported that Oracle won a bidding war to take over TikTok's U.S. operations following pressure from the Trump administration to potentially shut down the social media platform.
August 2020 Payment processor StoneCo announced a merger with Linx in a transaction worth $1.1 billion.
2019 Synd iNNOVATE 2019 held innovation challenge with thirteen distinct themes, receiving over 3,500 innovative ideas across various digital banking and customer experience domains.
2019 Final onsite Hackathon conducted in Bengaluru, with 40 teams selected to compete after the prototype submission round.
2019 Announced partnership with Microsoft to compete with Amazon Web Services, connecting Oracle Cloud and Microsoft Azure.
2019 Mark Hurd passes away after serving as CEO from 2014 to 2019.
December 31 2019 End of the period of FCPA violations by Oracle's international subsidiaries.
September 2019 Syndicate Bank conducted the National Level Hackathon 'Synd iNNOVATE' to encourage innovation in the banking industry, attracting over 3,500 ideas from applicants across India.
September 2019 SAP Community website moved to its own subdomain community.sap.com.
January 2019 Oracle entered into a 20-year agreement to rename the San Francisco Giants' stadium to Oracle Park.
2018 Oracle was ranked No. 82 in the Fortune 500 list of the largest United States corporations by total revenue.
2018 Notable year with a significant drop in net income to $3,825 million, despite maintaining revenue around $39,831 million.

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This contents of the box above is based on material from the Wikipedia articles SAP Community Network, Linx S.A., Menthor Editor, Ounce Labs, Rise and Resurrection of the American Programmer, Synd iNNOVATE, Oracle Corporation, Design Patterns & Pattern-Oriented Software Architecture, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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