“We view this as a proxy bet on enormous growth of internet and data.”

The shift illustrates the transformational nature of its Interxion acquisition.

State Proposition 15 would raise property taxes on the largest commercial and industrial real estate.

The revisions are meant to appease exchange operators, who have threatened to move data centers out of state.

Regulator says the bank “failed to effectively assess or address risks associated with decommissioning its hardware.”

Data center deals keep coming, with investors eager to capitalize on pandemic-accelerated demand growth.

The deal will give DataBank a national-scale platform and make it one of the largest privately held US data center providers.

It was widely assumed that the social media giant was the company behind ‘Project Woolhawk’ in Gallatin.

As of July 1, California began enforcing its controversial digital privacy law despite a call for a delay in enforcement due to the COVID-19 pandemic and a lack of readiness by many companies.

Gallatin officials expect the future facility, likely by Facebook, to have a transformative effect on the local economy.