March 17, 2023 STACK INFRASTRUCTURE
Stack Infrastructure has signed up for the Swiss Winter Reserve Plan, through which it will provide its supplemental power capacity to the Swiss energy reserve, in line with the Federal Council's ordinance. The ordinance includes measures to prevent winter power shortages and will run until April...
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March 17, 2023 Amazon AWS
Amazon Web Services (AWS) has announced that it will be transitioning away from diesel to Hydrogenated vegetable oil (HVO) to power its backup generators in Sweden. Reports are that HVO has the potential to reduce greenhouse gas emissions by up to 90 percent through the fuel life cycle when...
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March 17, 2023 STACK INFRASTRUCTURE
The data center company Stack has completed its most recent structured debt fundraising round. The company revealed the sale of $250 million in securitized notes last week. The price of the notes is a 5.900 percent fixed rate coupon. The firm said it has now raised $2.1 billion in notes through...
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March 15, 2023 Amazon AWS
OneWeb, a provider of Low Earth Orbit (LEO) satellite communications, and Amazon Web Services (AWS) have signed a letter of intent to discuss cloud-based connection options. The two organizations want to collaborate on a totally integrated satellite constellation management service. They want to...
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March 15, 2023 Meta
After letting go of around 11,000 workers in the latter part of last year, Meta aims to let go of about 10,000 individuals. As part of CEO Mark Zuckerberg's 'Year of Efficiency' appeal to investors to improve a falling share price, the corporation will also eliminate 5,000 unfilled positions....
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March 14, 2023 Amazon AWS
Southwest Airlines, situated in the US, has said that it is transferring its applications to Amazon Web Services (AWS). The company claimed that the choice was made as part of its digital transformation project, which aims to enhance the passenger experience, increase operational effectiveness,...
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March 13, 2023 Meta
Meta's job cuts continue, with the announcement last week that the giant is driving forward with its so-called "year of efficiency." CEO Mark Zuckerberg first announced massive cuts back in November; now, thousands more are set to be laid off. According to experts, while the first cuts were a...
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March 10, 2023 Amazon AWS
An old insulation plant in Santa Clara, California, has been purchased by Amazon. According to documents cited by BizJournal, Amazon paid $237.8 million for the land, which is situated at 960 Central Expressway, slightly west of San Jose Mineta International Airport. It's unknown what the firm...
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March 09, 2023 Microsoft Azure
Microsoft has announced its plans to invest $175.9 million in a massive new data center in San Antonio. Named “SAT40,” the facility was recently filed with the Texas Department of Licensing and Regulation. According to the filing, the facility will be based at Lambda Drive in the Texas Research...
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March 09, 2023 Amazon AWS
The UK Department for Environment, Food and Rural Affairs (Defra) and Amazon Web Services (AWS) have inked a $25 million contract. Under the terms of the agreement, Amazon will provide Defra with cloud hosting, its bring-your-own-license software management solution, as well as support, managed...
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March 09, 2023 Amazon AWS
Amazon has temporarily halted the building of its massive new facility in Northern Virginia. Company officials stated that layoffs and the popularity of working from home were reasons for halting development. Metropolitan Park, a 2.1 million square foot building with two office towers, will be...
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March 09, 2023 Vantage Data Centers
Inquiries are being made by DigitalBridge Group about selling a small portion of Vantage Data Centers. The CEO of DigitalBridge, Marc Ganzi, stated on the company's most recent quarterly results call that it wanted to raise more money while also focusing on the deconsolidation more of its...
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March 08, 2023 STACK INFRASTRUCTURE
Stack Infrastructure plans to seek $250 million for data center expansion. The Stack Infrastructure Issuer will provide the funding, 2023-1, through the securitization of income connected to lease obligations and electrical capacity at 8 wholesale data centers in seven U.S. states. S&P Global...
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March 06, 2023 Amazon AWS
After Elon Musk acquired Twitter, the company ceased paying landlords, cleaning, and software providers for services done. But, according to The Information, the corporation has failed to pay its Amazon Web Services payments for months, despite using the cloud provider for crucial components of...
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March 05, 2023 Amazon AWS
AWS has launched a new AWS infrastructure Region in Malaysia, and through this, has outlined its intention to invest $6 billion (MYR 25.5 billion) in Malaysia by 2037. According to AWS, to begin with, the region will consist of three Availability Zones. Prasad Kalyanaraman, vice president of...
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February 26, 2023 Microsoft Azure
Microsoft wants to duplicate a Dublin data center battery-sharing agreement. In 2022, Eaton unveiled a lithium-ion battery energy storage system (BESS) with grid-interactive UPS to exchange energy with the local grid. The corporation told a London conference that this technique was ideal for the...
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February 24, 2023 QTS Data Centers
Following speculation that QTS Realty Trust Inc. was the company seeking new development within Rocky Branch Creek Technology Park, and later confirmation, it looks like the company's Northland data center plans have now fallen through. The company was reportedly set to acquire the property...
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February 24, 2023 Amazon AWS
Amazon's plans to expand its data center footprint in Northern Virginia, with a huge investment of $35 billion, is continuing to receive pushback from protestors and residents. Northern Virginia has the largest concentration of data centers in the world, being the epicenter of a data center boom...
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February 24, 2023 Meta
Meta has sold a property in Mesa, Arizona, to the developer of data centers, EdgeCore Internet Real Estate, for $1.2 million. The lot, situated at 3856 S. Everton Terrace and comprising approximately 15 acres of land, has been acquired by EdgeCore as part of its substantial investment in the...
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February 23, 2023 US Signal
Data center and network services company US Signal has been fully acquired by investment firm Igneo Infrastructure Partners. The investment, which was initially disclosed in September 2022, is Igneo's first in the US telecommunications and digital infrastructure industry. In light of the...
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