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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
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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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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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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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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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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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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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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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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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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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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Texas
Meta has signed a long-term Power Purchase Agreement (PPA) with US-based renewable energy company Longroad Energy to purchase 100 percent of the output of the 300MWac (400MWdc) '1000 Mile' solar project in Yoakum County, Texas."The renewable energy from this project will support our data cente...
Read moreThe Biden Administration is drafting a plan to enable the construction of data centers and electrical power plants on federally owned land. A B&E report the government is trying to write up a plan before Biden's term ends on January 20. That plan could involve relaxing environmental rest...
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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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Virginia
Digital Core REIT is looking for a new tenant for one of its data centers in Northern Virginia, as the current occupant of the data center, located at 8217 Linton Hall Road in Bristow, Prince William County, has decided to not exercise its option to extend its lease on the property, the proper...
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Penta Infra
PGGM, which invests on behalf of Dutch pension fund PFZW, has acquired a 49 percent stake in the European data center provider from Photon Capital, an investor that has been involved with Penta Infra since its inception.Bob Sprengers, CEO at Penta Infra, said: "We are proud to welcome PGGM as...
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Phoenix
The city of Phoenix in Arizona is set to clamp down on data centers. The City Council has approved a series of changes to better regulate data center growth in the city, including regulating locations and external design specifications.The vote, which took place on December 10, targeted standa...
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Austria
Cellnex has completed the sale of its Austrian unit to a consortium comprised of Vauban Infrastructure Partners, EDF Invest, and MEAG for €803 million ($834m), bringing an end to Cellnex's presence in Austria after it entered the market in 2021, when it snapped up CK Hutchison's sites in the c...
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