Reach, publisher of Mirror and Express, is cutting 220 editorial positions and closing three online brands (KentLive, AberdeenLive, GalwayBeo). The reason is a 46% drop in Google traffic amid AI Overviews and AI Mode; 60 new roles will be created for subscriptions and video.
More than six months after drone attacks on AWS data centers in Abu Dhabi and Bahrain, Amazon advised clients to move data to other regions. No recovery timeline was given, and the UAE is considering underground data centers.
US-based Serverfarm raised an additional $895 million, bringing its revolving credit facility to $3.89 billion. The funds will go to campuses in Houston, Clarksville and Atlanta. The syndicate includes 22 banks and one institutional lender.
ByteDance co-founder Zhang Yiming topped the Bloomberg Billionaires Index with a fortune of over $105 billion, overtaking Indian industrialist Gautam Adani. The wealth increase is linked to a revaluation of his ByteDance stake by BlackRock, Fidelity, and T. Rowe Price.
Microsoft plans two single-story data centers and a substation on 123 acres near Gainesville in Prince William County, Virginia. The application went to the US Army Corps of Engineers; the site was bought in 2024 for $465.5 million.
A father of a boy named Dave said his 9-year-old son spent $118,000 in three weeks on YouTube ad campaigns for the channel Mighty Mike Plays using a corporate card saved in a Google account. The boy interpreted the $20 ad budget as a one-time payment, not a limit, and created his own campaigns.
On September 16, Salesforce experienced a global outage: customers in the US, Japan, India, the UK, France, and Germany faced delays, errors, and service unavailability. The cause was cited as overload of an internal login service, and the company is testing a fix.
At Meta's December offsite board meeting, Zuckerberg took a separate walk with Dina Powell McCormick at his Koolau Ranch estate on Kauai. According to Bloomberg, he is counting on her connections to clear a path for the company's AI efforts.
Samsung Electronics' total advances received rose 70.4% in the first half of 2026. Memory makers and their largest clients are increasingly signing multi-year agreements to guarantee supply and improve demand visibility.
British defense company C3IA and Nokia's Defense unit have partnered to support the UK Ministry of Defence's communications modernization. The collaboration will cover tactical communications, command and control, sensors, autonomous systems, and edge computing.
According to a CoinShares report, Bitcoin's total network hashrate is about 50% below its expected growth trend as miners repurpose infrastructure for AI and high-performance computing. The average cost to mine one Bitcoin for public miners in Q2 was about $75,500, while HPC yields ~$1.5M per megawatt per year versus $500K for mining.
Indian venture fund Activate, founded by former Haptik head Aakrit Vaish, closed its debut fund at $105 million (₹1,000 crore): $85 million for early stage and $20 million for growth. In nine months, the fund made 10 investments, including Sarvam AI, ElevenLabs, and Wispr Flow.
Prediction markets Polymarket and Kalshi are actively building media operations: newsletters, social media, podcasts and partnerships with Dow Jones, Substack, CNN, CNBC and Fox Corp. This helps them look like information services rather than gambling while courts decide their status.
Salesforce and Google Cloud expanded their strategic partnership: Salesforce products will run natively on Google Cloud infrastructure, and AI platforms will gain access to shared data. Migration of some US customers via Hyperforce starts in Q4 2026, with regional expansion in 2027.
Unions of LIG D&A and Korea Aerospace Industries opposed Hanwha's acquisition of control over KAI and vertical integration in the defense industry. On August 31 the KFTC approved the deal, but the regulator is ready to review it if Hanwha's influence grows.
Chinese optical transceiver maker Ligent Technologies will place about 172 million shares at HK$32.96, raising roughly HK$5.67 billion. Trading starts September 22 under code 9856, with the company valued at about HK$32.4 billion. Data center transceiver revenue grew from 25% in 2023 to 69.4% in H1 2026.
Taiwan's Wiwynn opened its first US factory on September 14, choosing El Paso, Texas over Dallas and Houston. The company previously stated plans to double capacity by 2027 through plants in the US and Mexico.
Binance has opened its Capital Connect platform, previously available only to institutional investors, to private individuals with assets over $1 million. The number of portfolios has grown from 106 to 212 and teams from 35 to 77 since May.
French neutral-atom quantum computing company Pasqal started trading on Nasdaq on August 28 after completing its merger with Bleichroeder Acquisition Corp. Investors greeted the debut with enthusiasm, but analysts point to risks.
Mitsubishi Heavy Industries and Preferred Networks are expanding their AI collaboration with a $64.6 million deal. The companies began working together in June to develop AI for critical infrastructure.
EXA plans to build a new transatlantic cable as demand for capacity grows due to AI workloads. Route details, timeline, and bandwidth have not been disclosed.
Dropbox detailed a decade-long infrastructure optimization strategy including demand forecasting, Deep Sleep server shutdowns, workload redistribution, and higher storage density. Storage energy efficiency has improved over 50% since 2020, allowing the company to handle AI workload growth without building new data centers.
TSMC co-COO Y.J. Mii said at a September 15 forum that the company's overseas expansion faces a talent management gap. He did not provide details on specific sites or timelines.
Shanghai-based Anew Labs, a ByteDance spinoff using AI for drug discovery, raised $290M from HSG, IDG Capital, and others at a $1.5B valuation.
Geely is reorganizing several companies in its battery business: Zhejiang Jiyao Tongxing Energy Technology may be included in listed Geely Automobile if the battery unit becomes profitable. Reports of CATL buying a battery project in Chongqing are called an isolated case.
SK Hynix is discussing manufacturing memory chips in the US with Intel. According to Reuters, potential opposition from South Korean authorities could be a major hurdle for the deal.
Anthropic will lease a site for its first Australian datacentre in Western Downs, Queensland. Singapore-based Zerra DC will build the digital park near Dalby, connected to the Braemar power station, with opening planned next year and a cost estimated at $31.9 billion.
Korean Air signed a $36.2 billion contract to buy 103 Boeing aircraft, including 20 777-9s, 25 787-10s, 50 737-10s, and eight 777-8F freighters. With engines and 15-year maintenance, the total deal reaches $44.8 billion. Deliveries will support merger plans with Asiana Airlines on December 17.
At the WCE exhibition in Busan, SK Innovation presented a solution for powering AI data centers that combines renewables, BESS storage, small modular reactors, and LNG. The company has a 5.3 GW renewable portfolio and plans to expand offshore wind capacity in Jeolla-Namdo to 900 MW.
SoftBank Group's credit default swaps are hovering near a three-year high. Traders are assessing risks related to OpenAI funding plans, one of the company's largest bets.