Good morning, CIOs. Oracle Corp. reported Wednesday that its first-quarter revenue rose less than 1% to $9.22 billion. Revenue from cloud services and license support, the company’s largest segment, rose 3% to $6.81 billion. 

The business software company's growth is tied to the health of enterprise technology spending broadly, analysts tell The Wall Street Journal's Sara Needleman. Gartner Inc. projects world-wide information-technology spending to rise less than 1% in 2019 to $3.74 trillion. That's slower than the 5.1% growth a year earlier.

Oracle's earnings came a day early, riding on a company announcement that Mark Hurd, one of Oracle's two chief executives, would be taking medical leave. The company didn’t disclose the specific issues Mr. Hurd is facing, Ms. Needleman reports. In his absence Safra Catz will be Oracle’s sole CEO.

The gig is up? Uber Technologies Inc. says it has no plan to change its practices in response to California legislation aimed at forcing companies to reclassify certain contract workers as employees.

Benefits for contract workers. Uber and rival Lyft Inc. both rely on drivers who earn wages based on the rides they complete rather than the hours they work, and who have been responsible for their own car expenses. Under the bill, known as Assembly Bill 5, the drivers could be entitled to benefits that include a minimum hourly wage and workers’ compensation.

Classifying drivers. Tony West, Uber’s chief legal officer, said Wednesday the bill doesn’t automatically reclassify drivers, and the company will continue to respond to claims of worker misclassification in arbitration and in court. (WSJ)

Cloudflare discloses potential sanctions violations. The networking and cybersecurity services company disclosed in a regulatory filing that its products were used by, or for the benefit of, certain individuals and entities that have been blacklisted by the U.S. The San Francisco-based technology company is expected to go public as early as this week. (WSJ)

WeCopy. Now office-building company management companies are launching their own co-working businesses, putting them in direct competition with WeWork. Parent company We Co. is preparing for an initial public offering. (WSJ)

Electric cars dominate Frankfurt Auto Show. Volkswagen AG, Porsche and Daimler AG’s Mercedes-Benz all unveiled electric models at this week’s Frankfurt auto show. (WSJ)

Dating service for data. Two data scientists built a startup, Explorium, around the challenge of finding the right data for building machine learning models. The company recently announced $19.1 million in funding for its data discovery platform. (TechCrunch)

Luckey Day. Anduril Industries, the border security technology company started by Oculus Rift creator Palmer Luckey is being valued at more than $1 billion in a new fundraising round. (CNBC)

Interesting times. Appearing on the Daily Show With Trevor Noah this week, Microsoft Corp. President Brad Smith made a pitch for his book and for tech regulation. "Until the government gets involved in a smart way, in a balanced way, things get more worrisome and ultimately the industries that create products suffer," he said. (The Daily Show)

The U.K. government is unlikely to approve a potential $36.6 billion takeover of London Stock Exchange Group by its Hong Kong rival because it forms too critical a part of the country’s financial infrastructure. (WSJ)

California lawmakers voted to require schools in the state to allow their athletes to earn endorsement money, setting up a collision with the NCAA, which bans compensation for college athletes beyond a scholarship and modest stipend. (WSJ)

U.S. companies are downshifting in China as its economy slows and trade tensions with the U.S. persist. (WSJ)

The White House pushed for the National Oceanic and Atmospheric Administration to walk back a tweet that contradicted President Trump’s claim that Hurricane Dorian likely posed a threat to Alabama. (WSJ)

Write to Steve Rosenbush at steven.rosenbush@wsj.com.

Follow the WSJ CIO Journal Team on Twitter: @steve_rosenbush, @scastellWSJ, @angusloten, @agamsh, @tomloftus.

The editor, Tom Loftus, can be reached at thomas.loftus@wsj.com.