Monthly Archives: August 2022

Insiders describe ‘complete chaos’ at Oracle following layoffs and restructuring

Take a deep breath. It’s Friday. I’m Jordan Parker Erb, and today I’m taking you inside the “complete chaos” at Oracle as layoffs and restructuring roil the database giant. Let’s get to it. If this was forwarded to you, sign up here. Download Insider’s app here. Kim Kulish/Getty Images 1. Oracle insiders describe “complete chaos”…

Liz Cheney pushes the DOJ to charge Trump, says passing on prosecution risks the US no longer being ‘a nation of laws’

Rep. Liz Cheney (R-WY). Drew Angerer/Getty Images Rep. Liz Cheney said the evidence is there for the DOJ to charge Donald Trump over the Capitol riot.   Cheney said Trump is guilty of “the most serious dereliction of duty of any president.” She said that prosecutors avoiding a case could threaten the US reputation for…

Jobs data could fuel recession fears and signal a pivot in sentiment. This is what you should watch for.

Happy Jobs Day, market watchers. Today’s report will be a pivotal data point in the recession conversation, second only to the upcoming consumer inflation reading due out next Wednesday.  I’m Phil Rosen, sitting on the edge of my seat for 8:30 a.m. ET when July’s nonfarm payrolls report comes out. This morning’s announcement will bring…

NASA reportedly had contingency plans for Russia’s ISS exit last year

Yuri Borisov, the newly appointed chief of Roscosmos, recently announced that Russia is pulling out of the International Space Station after 2024. NASA and Russia’s space agency work in tandem to keep the station running, and the latter’s exit would change ISS operations tremendously. According to Reuters, though, NASA has actually been preparing for such…

Square Enix feared Western studios “cannibalised” sales of Japanese games

Square Enix has released its latest financial results, detailing a rise in MMO sales thanks to Final Fantasy 14 despite an overall decline. However, comments have also emerged from an internal conference call concerning the financial report, courtesy of analyst David Gibson. The sale of Square Enix’s western studios – notably Crystal Dynamics and Eidos…