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Business

Web Desk Karachi
Jul 02, 2025

Oracle announces record $30 billion cloud contract, expected to boost revenue in 2028

The $30 billion deal ranks among the largest cloud contracts on record. That revenue alone would represent nearly three times the size of Oracle’s current infrastructure business, which totalled $10.3 billion over the past four quarters.

Business

Web Desk Karachi
Jun 11, 2025

US Air Force halves F-35 request for Congress, dealing blow to Lockheed Martin

A Defense Department procurement request document sent to Capitol Hill this week asked for 24 of the planes, down from 48 that was forecast last year.