Chinese cloud operator Kingsoft Cloud Holdings Limited (NASDAQ: KC) has reported its financial figures for the second quarter of 2022 with a mixed result across the board in part due to Beijing’s zero Covid police. Total Revenues reached RMB1,906.5 million (US$284.61 million), representing a decrease of 12.3% from RMB2,173.7 million in the same period of 2021. The decr...

DigitalBridge Group, Inc. (NYSE: DBRG) said that its Board of Directors has reinstated the company’s quarterly dividend, declaring a cash dividend of US$0.01 per share. The dividend will be payable on October 17, 2022, to shareholders of record at the close of business on September 30, 2022. Marc Ganzi, CEO of DigitalBridge, said: “We are pleased to follow through on...

US-based data centre colocation house Cyxtera (NASDAQ: CYXT) said it will convert itself into a real estate investment trust (REIT) following board approval. The move will see the company join a slowly growing REIT club which includes the likes of Equinix (NASDAQ: EQIX), Digital Realty (NYSE: DLR), and DigitalBridge (NYSE: DBRG). Cyxtera’s conversion to a REIT has been...