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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
United States
HPE revealed it walked away from a $700 million AI hardware deal over concerns about the customer. CEO Anthonio Neri told analysts on the enterprise IT vendor’s most recent earnings call that the company chose to “de-book” the order for an unnamed client because it considered it too risky.“We ...
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Canada
Legrand has acquired Power Bus Way, a specialist in Cable Bus power busbars, primarily for data centers. The company employs more than 120 people and generates an annual revenue of around €70 million ($73.5m), mainly in the United States and Canada.Benoît Coquart, CEO of Legrand, said: "Today ...
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A new subsea cable system has been announced in the Caribbean. The Celia subsea cable will connect Aruba, Martinique, Antigua, Puerto Rico, and Boca Raton in Florida, spanning more than 3,700km. The cable is set to have an estimated capacity of 170 Tbps across eight fiber pairs, featuring a mi...
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United States
Senator Joni Ernst has told the US Department for Government Efficiency (DOGE) to shut down the $42 billion Broadband Equity, Access, and Deployment (BEAD) program. DOGE was formed by Trump as part of his campaign plans to significantly slash federal spending and is not actually a federal exec...
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Amazon AWS
Veon's Ukrainian subsidiary Kyivstar has this week announced the launch of a generative AI lab in partnership with Amazon Web Services. According to the company, the purpose of the launch is to support Ukrainian enterprises in introducing AI technologies, as part of an effort to boost the coun...
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QTS Data Centers
Avangrid and Portland General Electric (PGE) have signed a Power Purchase Agreement (PPA) with QTS and Meta for energy from a 120MW solar energy project under construction in Morrow County, Oregon. This project will deliver energy to the PGE grid through the Green Future Impact (GFI) program, ...
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Investment firm InfraVia and French telco Iliad’s data center unit this week announced the two companies have entered into exclusive discussions to form a partnership aimed at “developing OpCore into a major European hyperscale data center platform. As part of the deal, InfraVia, through its i...
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Amazon AWS
Amazon Web Services (AWS) S3 storage offering is now available via AWS Dedicated Local Zones, one of its on-premise cloud offerings. At the company's Re:Invent 2024 conference, AWS also revealed new S3 solutions: S3 Tables and S3 Metadata. The storage classes are designed to store data within ...
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Americas
Samsung has partnered with Liberty Puerto Rico to test the vendor's Open RAN virtualized Radio Access Network (vRAN) and radios in Liberty's mobile network in Puerto Rico. As a result, Liberty is the first carrier in Puerto Rico and Latin America to introduce 5G vRAN and Open RAN technologies....
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Asia-Pacific (APAC)
IHS Towers has announced a deal to sell its 70 percent stake in IHS Kuwait Limited to Zain Group, with the telco taking back ownership of towers it previously sold. According to IHS, the terms of the transaction reflect an enterprise value of $230 million for the IHS Kuwait portfolio and inclu...
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Australia
Australian carrier Telstra has acquired MVNO Boost Mobile for a reported AU$145 million (US$94.1m) as confirmed by Boost Mobile founder Peter Adderton via a post on LinkedIn on December 2. Adderton said the deal will enable him to focus on his latest venture, MobileX, a carrier that leverages ...
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Amazon AWS
Amazon Web Services (AWS) is launching EC2 instances featuring the latest Nvidia GPUs and Trainium chips. At this week's Re:Invent event in Las Vegas, the cloud giant revealed plans for its Trainium3 chip after unveiling the EC2 during a keynote speech by CEO Matt Garman. Garman revealed three...
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Sweden
Swedish Edge data center firm T.Loop has appointed Helena Fagraeus Lundström as its new CEO. Lundström was most recently at solar developer Solkompaniet, where she was chief strategy office and then business unit director for land development. Prior to that, she had held roles at Swedish boat ...
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Equinix
Equinix has signed a Power Purchase Agreement (PPA) with Sembcorp Power for 58.5MW of power which is tol be delivered from a solar installation on 60 hectares of vacant land and the rooftops of five JTC Corporation buildings, including the Jurong Rock Caverns above-ground facilities and Jurong...
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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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China
Chinese data center operator Vnet is setting up a data center investment fund with Chinese insurance company Dajia. The fund will be jointly operated by Vnet and Dajia subsidiary Dajia Investment Holding Company and will make its first investment in Vnet’s Taicang IDC campus in the Jiangsu pro...
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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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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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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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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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