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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Telia Company has confirmed that it has finalized its planned organizational restructure, resulting in 3,000 jobs being cut. Telia said the cuts will deliver annual savings of 2.6 billion Swedish crowns ($236 million), equating to around 15 percent of its workforce. “We are creating a Telia fi...
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Oracle
A limited preview of Oracle Database@AWS is now available from the Amazon Web Services (AWS) US East Region which will make its customers able to run Oracle Exadata Database Service on Oracle Cloud Infrastructure (OCI) inside AWS.“Up until now, it has been impossible to replicate the performan...
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Raxio Group
African data center operator Raxio has appointed Robert Skjødt as CEO, to replace Robert Mullins, who will remain an advisor for an unspecified transition period. Mullins has been at the helm of the company for five years. Skjødt previously held leadership roles in global energy, renewables, a...
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Intel’s CEO Pat Gelsinger has announced his retirement from the company effective December 1 and has also stepped down from the company’s board of directors. Intel has named CFO David Zinsner and Intel Products CEO Michelle (MJ) Johnston Holthaus, as interim co-CEOs until Gelsinger’s replaceme...
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Michigan
Indiana Michigan Power (I&M) has reached an agreement with the Indiana Office of Utility Consumer Counselor, Citizens Action Coalition of Indiana, Amazon Data Services, Google, Microsoft, and the Data Center Coalition outlining the terms for connecting new large loads to the Indiana grid.A...
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Equinix
Mercury delivers Equinix's FR13 data center in Frankfurt, Germany. Located within Equinix’s Frankfurt North-East campus, the facility spans 5,295 sqm (57,000 sq ft) with a total capacity of 7.75MW across two data halls on three floors. “The expansion of our North-East campus with FR13 is key t...
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Amazon AWS
The UK's British Broadcasting Corporation (BBC) is undergoing a cloud migration as it revealed plans to move its IT systems including finance, HR, and procurement to RISE with SAP on Amazon Web Services (AWS). The BBC hopes that moving its IT systems to the cloud will be more cost-effective th...
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Amazon AWS
Health technology company Royal Philips has expanded its partnership with Amazon Web Services. Philips' integrated diagnostics portfolio in the cloud will be expanded including radiology, digital pathology, cardiology, and AI-advanced visualized solutions.“The collaboration between Philips and...
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Middle East
Gcore and Qareeb Data Centres have signed a memorandum of understanding (MoU) for digital infrastructure in the Gulf Cooperation Council (GCC). Gcore's artificial intelligence (AI), cloud, and Edge products will be integrated with Qareeb's data center platform, as part of plans to meet growing...
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Texas
Core Scientific plans to refurbish its data center in Denton, Texas, turning it from a crypto facility into an AI site, spending as much as $6.1 billion on the new campus, the Denton City Council said, with a planned launch in 2027. As part of the deal, the City of Denton will lease 78.85 acr...
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Spectro Cloud has secured $75 million in a Series C funding round. The management company announced earlier this month that it had closed the funding round led by Growth Equity at Goldman Sachs Alternatives, along with participation from existing investors. The funding will be used to aid prod...
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Sweden
Telenor Sweden CEO Bjørn Ivar Moen has announced he will step down as CEO at the end of this year, and the hunt for a successor has already begun, as confirmed by the company in a statement. "All good things eventually come to an end," said Moen on LinkedIn this week. "Today, we announced that...
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Quantum computing company Rigetti has raised $100 million through the sale of common stock, as part of its “at-the-market” equity offering program which will be used for working capital, capital expenditures, and other general corporate purposes. “We are pleased to see the enthusiasm for the q...
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Meta has signed a maritime fuel offtake agreement with Danish shipping company Norden to acquire carbon offset credits. The emission solution works by burning biofuel on a Norden-operated vessel, with the emission reduction subsequently allocated to Meta using a book and claim chain of custody...
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Google is to invest in two subsea cables connecting Australia and Christmas Island as a part of its Australia Connect Initiative. It will deliver two new subsea cables to Australia, improving reliability, resilience, and reach of digital connectivity, said the tech giant.Belle Lajoie, co-CEO o...
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Luxembourg
European operator Portus Data Centers this week announced the expansion of its facility in the Grand Duchy with a further 1,350 sqm of white space and additional capacity that will take the site to 3.4MW. The company is also rebranding the unit, previously known as European Data Hub (EDH), to ...
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Marc Allera has announced he will step down as CEO of BT's Consumer division next year. Allera, who has been at BT for 13 years and CEO of the company's Consumer division since 2016, will be replaced by Claire Gillies. BT announced that Gillies has become CEO-designate and will also become a m...
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Microsoft Azure
Microsoft is to build two data centers near Cologne as part of a major German investment program. The company is developing data centers in Bergheim and Bedburg, two towns to the west of Cologne in the Rhein-Erft district."The establishment of a hyperscale data center campus from Microsoft is ...
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Langan Engineering & Environmental Services has acquired data center engineering firm Navix Engineering. The company has recently expanded into the data centre industry, developing projects around the US. Details and terms of the transaction have not been disclosed.“Paul Manzer and the Nav...
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Former BP CEO Bernard Looney left his role at the oil and gas company last September and has linked up with the data center developer Prometheus Hyperscale, which is planning to develop a sustainable 1GW hyperscale data center campus in Wyoming.Writing on LinkedIn, Looney said he had been attr...
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