Oracle plans to phase out its advertising business, with no "catch-all date" for the transition.
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AdvertisementOracle executives in an internal meeting said much remains to be decided about its plans to shutter its advertising business, according to audio reviewed by Business Insider.
Oracle this week disclosed plans to wind down the business, which brought in just $300 million in the most recent fiscal year, down from $2 billion in 2022.
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Persons:
—, Larry Ellison's
Organizations:
Oracle, Meta, Service, Business