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Oracle attempt to hide cybersecurity incident from customers?

(doublepulsar.com)
630 points 2bluesc | 1 comments | 31 Mar 25 15:11 UTC | HN request time: 0.209s | source
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NickC25 ◴[31 Mar 25 16:04 UTC] No.43536569[source]▶
how is that not securities fraud?

they are under legal obligation to tell investors about this sort of shit.

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rubiquity ◴[31 Mar 25 16:21 UTC] No.43536771[source]▶
Welcome to the (most recent) era of deregulation. Get ready for all Fortune 500s to deny, deny, deny, and bribe.
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1. lucianbr ◴[31 Mar 25 16:56 UTC] No.43537167[source]▶
Presumably the requirements for public companies to disclose stuff and generally follow all kinds of rules were somehow for the health of the markets or something like that. I wonder how the markets will fare with the rules neutered.

To be fair, they're trending down at the moment, so maybe there was something there. But truly only time will tell.