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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
United Kingdom
UK retailer Asda temporarily opted not to go ahead with its previously planned IT systems shift. The company had intended to introduce new systems at its smaller stores and a few larger stores over the December 7-9 period as part of the separation of its technology from Walmart.Asda is drawing...
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Germany / Deutschland
Datacenter Münster Osnabrück (DMO) last month broke ground on its debut facility at Münster Osnabrück Airport in Greven. The first phase of construction will see more than €8 million ($8.3m) invested in developing a 500 sqm (5,380 sq ft) facility with capacity for 140 racks at densities up to ...
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United Kingdom
Chipmaker GlobalFoundries (GF) and UK-based quantum computing company Quantum Motion have partnered to develop quantum processors based on a scalable silicon platform. The two companies said GF had manufactured a silicon chip designed by Quantum Motion that is “at least 100 times faster than t...
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France
Nokia has completed the sale of its subsea cable unit, Alcatel Submarine Networks (ASN), to the French State and said the transaction has netted it around €350 million ($363m). Nokia noted that it retains a 20 percent shareholding in ASN, with board representation, to "ensure a smooth transiti...
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United Kingdom
UK private real estate investor Castleforge has acquired the Redhill Data Centre Campus in Redhill, south of London. Tthe 7.8-acre campus totals more than 160,000 sq ft (14,865 sqm) across three buildings and offers 26MW in total. The site reportedly has a development value of £100 million ($1...
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Indonesia
PT Telekomunikasi Indonesia International (Telin) and PT Citranet Sarana Digital (Citra Connect) have broken ground on a cable landing station (CLS) in Nongsa, Indonesia which will form a key part of the Indonesia Cable Express (ICE) system.The ICE system comprises seven subsea cables and is p...
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Kyndryl
IBM and GlobalFoundries (GF) have reached a settlement in their long-running legal dispute which saw both companies claim breach of contract and misuse of trade secrets and intellectual property. The two companies said the undisclosed settlement resolves “all litigation matters” and would allo...
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Ukraine
Veon's Ukrainian subsidiary Kyivstar has signed an agreement with SpaceX's Starlink that will deliver direct-to-cell satellite connectivity in Ukraine. In an announcement last week, Kyivstar said it expects to launch Starlink's direct-to-cell services with SMS and OTT messaging functionality i...
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United States
Sir Nick Clegg has stepped down as Meta’s president of global affairs, announcing his departure on a post on Meta’s Facebook platform after almost seven years.In a post confirming his departure, Clegg said it was “the right time for me to move on.” "My time at the company coincided with a sign...
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Digital Edge DC
APAC data center firm Digital Edge has raised more than $1.6 billion in new capital to fund its ongoing expansion plans through a combination of equity and debt financing; this included approximately $640 million of equity investment from both existing and new investors, as well as $1 billion ...
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Asia-Pacific (APAC)
Schneider Electric has appointed energy industry veteran Nirupa Chander to head up its data centre power business across several markets across the Middle East and Asia. She has taken on the role of senior vice president, secure power and data centers, international operations, at the power te...
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Italy
Italian energy company Eni switched on its new HPC6 supercomputer on Christmas Day: a 477.9 petaflops system which ranked fifth on the latest edition of the Top500 list of most powerful supercomputers.HPC6 is an HPE Cray EX235a system powered by AMD 3rd generation Epyc CPUs, around 14,000 AMD ...
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China
Chinese data center firm GDS has changed its name and officially launched as an independent company as of January 1, following the recent completion of a series B funding round. Established in 2022, what was then GDS International was founded to hold GDS Holding’s data center assets and operat...
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Canada
Canadian IT services provider Softchoice is set to be acquired by digital infrastructure provider World Wide Technology (WWT). The all-cash deal will see St. Louis-based WWT pay CA$24.50 per share to acquire Softchoice. The deal has been approved by the Softchoice board, and will now require t...
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China
US-based cloud computing and Content Delivery Network (CDN) company Akamai plans to end its CDN in China, ending services in the country on June 30, 2026, the company said in a letter to customers. After this point, any remaining content requests will be automatically served from neighboring c...
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Georgia
A 13-building data center campus costing $17 billion has been proposed for Atlanta, Georgia. The campus would be built on 832 acres of land near the city of Newnan, 45 miles south of Atlanta in Coweta County. The site is adjacent to Welcome Sargent Road and Wagers Mill Road.Each of the data ha...
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Quantum computing company Rigetti launched its 84-qubit Ankaa-3 system in late December 2024, stating that its new flagship system features an “extensive hardware redesign that enables superior performance.”This includes a new cryogenic hardware design to reduce the amount of metal at the refr...
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United States
US data center developer and crypto firm Bit Digital has acquired the site for a build-to-suit 5MW data center expansion project in Montreal, Canada.The company initially used cash on hand to fund the acquisition and is working to obtain mortgage financing to cover the site's acquisition and s...
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Sydney
Global Switch recently announced that the sale of its Sydney data center business to HMC Capital had closed, and has officially confirmed previous reports it was seeking external investment for its London campus.“As part of its financing strategy to drive future growth, Global Switch has also ...
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Samsung Electronics’ VP for advanced packaging technology has left the company. Lin Jun-Cheng also confirmed his resignation, posting on LinkedIn that he was leaving “due to the end of my two-year contract.” Jun-Cheng joined the company in March 2023 having previously worked at TSMC for almost...
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