Middle Eastern investor and operator of cloud storage facilities Khazna Data Centers and China’s GDS IDC Services Ptc. have signed a memorandum of understating (MoU) to explore the wholesale data centre developments across Greater China, Asia-Pacific (APAC) and the Middle East regions. The cooperation is intended to provide a framework for joint activities between Khazna ...

Over the last four quarters total worldwide colocation revenues have totalled US$47 billion as the market continues to enjoy a healthy take-up driven by strong digital and cloud adoption trends. Excluding the impact of recent exchange rate movements, the underlying market continues to expand at a double-digit growth rate, Synergy Research said in its latest market update. ...

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...