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Analysis Oracle AdvertisingTheregister
•71% Informative
Oracle Advertising is shutting down, CEO Safra Catz said during the company's fiscal 2024 Q4 Q4 earnings call with Wall Street this week .
The advertising operation shutdown caps more than a decade of ad-oriented acquisitions by Oracle dating back to 2012 .
Oracle as a whole recorded $53 billion in sales in the past 12 months , up six percent year on year and a profit of $10 billion , up 24 percent .
Privacy rules in Europe and the US slowed the data collection by Oracle 's advertising services.
The global advertising business is disproportionately dominated by a very short list of companies, all of whom collect rich data from their billions of end users think Google , Meta , Amazon .
"Once all of these Oracle products are fully offline, the world will be slightly more private," said an analyst.
VR Score
78
Informative language
80
Neutral language
56
Article tone
formal
Language
English
Language complexity
58
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links