August 20, 2021 Meta
As the climate crisis reaches breaking point and the number of water-stressed regions across the US increase, Facebook, whose data centers consume huge amounts of water in areas plagued by water scarcity, has promised to reverse its environmental impact. According to Sylvia Lee, Facebook’s...
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August 06, 2021 Lumen Technologies
Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business...
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July 28, 2021 Lumen Technologies
Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team of...
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May 27, 2021 Meta
A new study into the impacts of Facebook's renewable energy projects was recently released. The report, commissioned by Facebook, and conducted by RTI International, a nonprofit research institute, revealed the social media company's renewable energy efforts have had widespread positive economic...
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March 06, 2019 Meta
Facebook plans to sell excess fiber on its owned long haul routes that interconnect Facebook data centers. As part of the plan, Facebook will allow local and regional network providers to acquire capacity. Fast Facts: Initially, Facebook is focused on the network connecting their data centers in...
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