Best practices for digital infrastructure businesses impacted by SVB's collapse
The sudden and unexpected closure of Silicon Valley Bank (SVB), which managed US$212 billion in assets, has sent shockwaves through the financial community hav...
Chinese social media app TikTok has unveiled plans to expand its data centre capacity in Europe both in Ireland and Norway in a yearly investment worth US$1.27 billion. Firstly, the brand, owned by the Chinese company ByteDance, said it will establish a second data centre presence through a thir...
March 09
Digital infrastructure REIT Equinix, Inc. (Nasdaq: EQIX) has appointed Peter Lantry as its Managing Director for Ireland. The executive has been tasked with leading Equinix’s business in Ireland, working closely with customers to support their growth and targets as data volumes continue to rise, whilst driving the environmental and community engagement initiatives. Lan...
February 21
Video-sharing social media platform TikTok said it will be building two new data centres in Europe to cope with demand for its app. The first data centre is to be set up in Ireland in yet another sign of the rapid uptake of the country’s data centre capital commitment by large investors. The new facility will add to a third announced last year for the capital Dublin. T...
February 20
Venture capital firm Momenta has launched the Industry 5.0 Fund with a target of US$100 million. The fund has been conceived to support entrepreneurs who are advancing new paths to more human-centric, resilient, and sustainable industry operations, as outlined in EU Commission's Industry 5.0 initiative. Aimed at early growth stage innovators driving the digital transform...
February 02
A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers