Meta terminates €320 million Denmark datacenter expansion contract
Meta has announced that it will no longer pursue its $342 million Denmark datacenter expansion contract.
The company acquired the contract to build and manage an additional $342 million (roughly €320 million) worth of datacenter infrastructure in the region. In a recent statement, Meta said it... Read more
Acquisition of Arm by Nvidia has been cancelled
The sale of Arm to Nvidia will not go ahead. Nvidia decided to do so in consultation with tech investor Softbank, the owner of Arm. The reason for the cancellation is the difficulties in getting approval from regulators. The plan is now to take Arm public because Softbank does not want to remain th... Read more
Mobile World Congress officially cancelled
The GSMA has decided to officially cancel the Mobile World Congress, the organization told Techzine. The official reason for cancelling the event is the Corona virus.
Last week, a kind of domino effect happened when one company after the other announced not to participate any longer in the annua... Read more