Oracle ORCL has settled with the Securities and Exchange Commission (SEC) after it was charged with violating the Foreign Corrupt Practices Act (FCPA) for the second time. The company did not deny the ...

As thousands of Oracle employees awoke on Tuesday to an email informing them they were being laid off, the workers likely didn’t know the tech company had been busy trying to hire foreign staff.

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The schemes relied on Oracle VARs and VADs in India, Turkey and the United Arab Emirates. Oracle will pay $23 million in a settlement with the United States government over bribery schemes foreign ...