Anant Raj shares surge as tech giant Google joins hands for digital infrastructure deployments
Shares of the real estate conglomerate Anant Raj witnessed a surge soaring 12% to Rs 540 after its wholly-owned subsidiary, Anant Raj Cloud, entered into a strategic collaboration with Google LLC, the American multinational technology titan. The Memorandum of Understanding (MoU) inked between An...
July 25
Tillman FiberCo, LLC raises $1bn to fund Florida fiber network
Developer of fiber infrastructure Tillman FiberCo, LLC has closed US$815 million in committed debt financing. The financing will support the deployment of fiber-to-the-home (FTTH) networks throughout Florida, with the new credit facility providing for up to US$200 million of additional term loans. The capital infusion follows on from Tillman Fiber's Florida expansion ear...
July 25
Microsoft IT outage: Computer failure affects banks, supermarkets, airlines, telecommunications and media worldwide
Please note this article is being updated on a rolling blog basis. The information shown at the top is the latest known on this case. 12:39am – 19 July 2024 "We're deeply sorry," says CrowdStrike CEO George Kurtz on NBC just now. He adds that the global issues were caused by a single faulty content update and reiterates the IT meltdown "was not a cyber attack"....
July 19
CyrusOne secures $687m SASB loan for Dallas data centre
CyrusOne has secured a US$687.1 million Single Asset Single Borrower (SASB) CMBS loan for CyrusOne’s DFW1 data centre, the company’s inaugural CMBS issuance. This transaction brings CyrusOne’s total capital raised this year to nearly US$12 billion. Eric Schwartz, Chief Executive Officer at CyrusOne, said: "Today’s announcement is another example of our ability to...
July 18
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