CEO Zuckerberg tells his investors that the theme for the next 12 months is a 'Year of Efficiency' and that he is focused on becoming a “stronger and more nimble organisation”.
Founder and Editor, The Tech Capital
3 Mins
February 02, 2023 | 12:05 AM GMT
CEO Mark Zuckerberg at Facebook Communities Summit 2019. Source: Meta
Meta Platforms Inc. has seen its shares soar by nearly 20% after announcing a major cost-cutting plan that includes reduced spending on data centres.
Founder and Editor, The Tech Capital
2 Mins|April 24, 2024
4 Mins|April 24, 2024
2 Mins|April 24, 2024
Global hyperscale self-build capacity on way to 27GW
Global hyperscale self-build capacity is on its way to reaching 26,769 MW as the world’s biggest ...
Meta’s Utah digital infrastructure CAPEX reaches $1.5bn with new data centre expansion
Meta Platforms Ltd (NASDAQ: META) has announced plans to expand its data centre footprint at its Ea...
Meta to build multi-million Dollar data centre expansion at Illinois campus
Facebook’s owner Meta (NASDAQ: FB) has unveiled plans to more than double its campus in DeKalb, I...
Hyperscalers, investors, operators sign up for global digital infrastructure Climate Accord
Non-profit professional association Infrastructure Masons (iMasons) has launched the iMasons Climat...
Meta tops $1.6bn in US data centre announcements in 5 days
Meta (NASDAQ: FB) has announced its second US$800 million Hyperscale Data Center project in the spa...
Meta suspends plans for 1.38GWh Dutch data centre
Meta Platforms Inc. (NASDAQ: FB), the parent company of Facebook, has bowed down to political oppos...
