this post was submitted on 07 Mar 2026
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Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.

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[–] qevlarr@lemmy.world 30 points 1 day ago (39 children)
[–] drmoose@lemmy.world 18 points 1 day ago (12 children)

I've been a software engineer for over 20 years now and tbh I couldn't tell you even if my life depended on it. I know it's a shit tier hosting service that people use because they offer 5$ worth virtual server for free with a valid credit card but that's about it.

It's one of those ancient paper shuffling IT companies that is 95% sale/middle mamager leeches, 5% wizard engineers carrying everything on their shoulders.

[–] a1studmuffin@aussie.zone 13 points 1 day ago (2 children)
[–] drmoose@lemmy.world 12 points 1 day ago* (last edited 1 day ago) (3 children)

At least IBM used to be cool and gave us things like SQL, DRAM and Thinkpads. Other than Java kits I couldn't name a single useful initiative from Oracle. They just take existing inventions and shuffle enterprise papers.

[–] matlag@sh.itjust.works 7 points 1 day ago

IBM gave us the PC standard! That's by far their biggest contribution to the IT world, we're still harvesting the belefits today.

Look at the ARM ecosystem of "every-PCB-is-its-own-kind".

[–] baggachipz@sh.itjust.works 8 points 1 day ago (1 children)

Oracle didn't even create Java, Sun Microsystems did and Oracle gobbled them up. The only thing Oracle has actually created is a shitty old database system and legions of lawyers.

I don't know much about Sun, but they seemed like a cool company - Java, Solaris, Sparc. A lot of people sounded pretty upset when they got acquired.

[–] Lucius_Sweet@lemmy.world 4 points 1 day ago (2 children)

Used to be cool.....you might want to look a little bit further into IBMs past, specifically what they were doing during WW2...

The tech is still cool. Doesn't mean IBM didn't deserve to be dissolved and it's entire staff shoved into a wood chipper post war for aiding and abetting genocide. Kinda like the V1s and V2s, fun fact my great grandfather worked on those and Stukas, shame the Navy posted him in fucking Florida.

[–] drmoose@lemmy.world 3 points 1 day ago

All is justified if it gave us Thinkpad 🙂‍↕️

[–] M0oP0o@mander.xyz 3 points 1 day ago

Yes and like IBM they are in the business of getting out of business, and business is good!

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