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00:03Negotiations between Microsoft and Oracle to lease Oracle's cloud infrastructure
00:06collapsed over security and compliance concerns, according to Business Insider.
00:11The deal, potentially worth over $3 billion,
00:15aimed to transfer some of Microsoft's workloads to Oracle's cloud.
00:19Oracle's public cloud did not meet federal risk and authorization management program standards,
00:24a framework required for handling U.S. government data.
00:27An Oracle executive said integrating FedRAMP would require major engineering work.
00:32Amazon and Google's public clouds already comply with FedRAMP.
00:35An Oracle spokesperson disputed the report,
00:38saying Microsoft remains a partner and customer of Oracle cloud infrastructure.
00:42Microsoft is separately pursuing agreements with other cloud providers
00:46to secure additional computing capacity and plans to spend $190 billion in 2026
00:52to expand data center capacity.
00:55For all things money, visit Benzinga.com.
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