Oracle reportedly undergoing round of layoffs
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Sharat Chander was working as a senior director and global head of developer community engagement at Oracle when he was impacted by the mass layoff.
Oracle (NYSE:ORCL) released Java 26 with new capabilities focused on AI workloads, cryptography, and developer productivity. The company entered a multi-year global embedded finance partnership with Alviere to integrate payments and financial workflows into Oracle industry applications.
Recent developments around the Java platform and programming language follow a familiar pattern: incremental technical progress paired with broader strategic repositioning. Together, these changes suggest a platform that is evolving in measured ways while adapting to shifting economic and technological pressures.
Oracle Corporation (NYSE:ORCL) is one of the best forever stocks to buy now. On March 17, Oracle Corporation (NYSE:ORCL) unveiled Java 26, the latest version of its programming language and development platform.
In recent weeks, Oracle expanded its Simphony Cloud POS platform with new Restaurant Suites Management and Mobile Order and Pay tools, introduced Java 26 and the Java Verified Portfolio, deepened its embedded finance reach through a multi-year Alviere agreement,
Java Management Service 9.0 and Graal JIT Compiler help organizations manage Java applications and improve peak performance "Java continues to evolve to support organizations' increasingly diverse modern application development needs," said Arnal Dayaratna ...
JavaOne Oracle has shipped Java 26, a short-term release, and introduced Project Detroit, which promises faster interop between Java, JavaScript, and Python. Java 26 will be supported for just six months, until the release of Java 27 later this year. The next LTS (long-term support) Java release is expected to be Java 29 in September 2027.
Several widely used Java frameworks and tools released new versions in the weeks surrounding Oracle's March 17 launch of JDK 26, as the Spring ecosystem and related projects continued iterating toward their next major releases.