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Oracle sells $10 billion in stock and $10 billion in bonds for data centers

Oracle is selling $10 billion in common stock and $10 billion in bonds to finance its data center buildout, the Wall Street Journal reported, citing filings. Oracle shares fell more than 5% as the software company lined up financing for the expansion.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Capital Infrastructure

Northwood Space raises $375 million at $2 billion valuation

Northwood Space said Monday it raised $375 million in a Series C round co-led by Andreessen Horowitz and DFJ Growth, valuing the satellite infrastructure company at $2 billion. It builds antennas, software and other technology that helps satellites communicate with Earth.