News

West Virginia's Raleigh County Commission has indefinitely suspended a data center proposal for a new facility, which was to be developed between Flat Top Road and Joe Cooper Farm Road in Shady Spring. This development is now no longer under consideration with the County for lack of informatio...

Intel has partnered with DigitalBridge as well as several other global investment firms in its efforts to launch a new independent enterprise AI company called Articul8. This new independent platform will offer its customers a full-stack, vertically-optimized solution that keeps customer data,...

German data center provider NewTelco launched a new data center in Karlstein am Main, Germany, on November 30, 2023. This facility, located in the  Karlstein municipality just east of Frankfurt, has an  IT capacity of 5MW and is designed for medium-sized customers. According to NewTelco, the l...

US data center firm EdgeCore Digital Infrastructure recently raised $1.9 billion in a debt financing transaction to fund scalable development on its campus in Mesa, Arizona. This financing comprises a limited-recourse senior secured term loan, a revolving senior secured letter of credit facili...

Findings by analyst house TrendForece found that several semiconductor-related facilities in Japan have been affected by the 7.6 magnitude earthquake that hit the Ishikawa region on the first day of the year. Multilayer ceramic capacitor (MLCC) manufacturer Taiyo Yuden; silicon wafer producers...

Altice co-CEO Alexandre Fonseca has left the group following an investigation into alleged corruption at the telco, despite not being a suspect in the investigation. Fonseca has also temporarily stepped down to “fully protect and safeguard” Altice as the investigation was carried out in July. ...

US colocation firm Involta has appointed a new CEO, Brett Lindsey to replace Jim Buie, who was at the company for six years. Lindsey previously served as CEO at US fiber provider Everstream, expanding its fiber network from Cleveland across ten states in the midwest as a telecoms executive. In...

In a new announcement, Intel revealed the appointment of former HPE exec Justin Hotard as executive vice president and general manager of its Data Center and AI Group (DCAI), effective Feb. 1. In this new role, Hotard will be responsible for the company’s suite of data center products spanning...

Wells Fargo recently sold 7001 Westown Parkway and 1725 68th Street, which had been listed on its site for a combined $16.5 million, to commercial and residential brokerage WB Realty Co. A JLL sales brochure described the property as offering 36,230 square meters of office space, along with an...

MIPS, a company focused on the development of high-performance RISC-V compute IP recently announced that two former SiFive executives have joined its executive leadership team. Drew Barbier has joined as VP of products and Brad Burgess has been named chief architect. Sameer Wasson, CEO of MIPS...

Brazilian data center Elea Digital announced this week that it raised over $100 million in sustainability-linked debt. This fund will be used to aid ongoing organic expansion and align the company's infrastructure with international standards.  Alessandro Lombardi, president of Elea Digital, s...

Social media firm Meta has signed a 330MW solar Environmental Attributes Purchase Agreement (EAPA) with Adapture Renewables in Arkansas and Illinois. Following this agreement, Meta will buy solar energy from three of Adapture Renewables' solar projects that are currently under development in t...

Airtel Africa revealed in an announcement this week that it’s CEO, Olusegun Ogunsanya, is to retire and will officially step down from his role in July 2024. He will then become the Airtel Africa Charitable Foundation’s inaugural Chair. Sunil Taldar has been appointed as managing director and ...

A group of residents in Prince William County, Virginia recently sued the Board of County Supervisors through their formed non-profit "Devlin Defend Corporation” over a data center development. The residents submitted this lawsuit on December 28, hoping to stop the development of a nine-buildi...

Iliad Group, owned by French tycoon Xavier Niel has submitted a proposal to Vodafone to merge the two telcos in Italy. In its offer, Iliad valued Vodafone Italia at €10.45 billion and is to receive €500 million in cash and 50 percent of the new business as part of the proposal with Vodafone re...

Scala Data Centers has launched operations at its first data center in Porto Alegre, Brazil, dubbed SPOAPA01. This data center has an  IT capacity of 4.8MW and was developed with an investment of $48 million, dedicated to hyperscale customers.  SPOAPA01 is fully powered by certified renewable ...

Telehouse has launched and fully leased its fifth data center at its Frankfurt campus dubbed building M. This data center now adds 4.5 MW of IT capacity which has been fully leased less than two months since its opening.  Dr. Béla Waldhauser, managing director of Telehouse Deutschland said, "I...

TSMC chairman Mark Liu will retire next year after holding the position since 2018, replacing the semiconductor manufacturer’s founder Morris Chang who retired the same year. Now, the board has recommended that the company’s current CEO and vice chairman, C.C. Wei replace Liu as chairman.  On ...

The Spanish government is set to acquire a 10 percent stake in Telefónica. This comes a few months after Saudi Arabian telecoms company STC Group paid $2.25 billion to acquire a 9.9 percent stake in Telefónica which made it $2.25 billion to take a 9.9 percent stake in Telefónica’s biggest shar...

Google has broken ground on a new data center in the Netherlands and has officially begun work on the facility in Winschoten, Groningen, in the north of the country. Marco Ynema, data center lead in the Netherlands at Google, said, "People are increasingly using digital tools, and organization...