The interconnection of telecommunication cables has long been a foundational consideration when it comes to where data centers are built, but the emergence of 5G and a surge in the volume of wireless data are driving a shift in where those interconnection points need to be, changes that may redraw the data center map.
According to a new report from Financial Times, the low-flying-yet-seemingly-ubiquitous 21-year-old outfit has seen losses of about $17 billion during this year’s tech stock sell-off. FT notes that’s one of the biggest dollar declines for a hedge fund in history.
The link between the meltdown in public markets, and how traditional venture capital will behave in the coming quarters as a result, is still a bit murky. Yet for SoftBank, it's anything but: Its Vision Fund is already pulling back.
Material Bank, a kind of Amazon for architects and designers, raised $175 million to expand its marketplace for paint, tile and other products used to put the finishing touches on projects.
When the U.S. housing bubble burst more than a decade ago, it brought the global economy to its knees. It turned out that the multiyear housing boom through the early 2000s was hiding skeletons. Homebuyers, driven by a fear of missing out on home price gains, were stretching themselves well beyond their financial means. And zealous lenders were giving out mortgages (or better put, subprime mortgag...
For the companies that would occupy the office of the future, the world is a strange and unpredictable place.
This is not your parents’ workplace. Nor is it your own workplace of, say, 20 years ago (or make up your own timeline). It’s not just a row of desks, computers, a phone and a coffee machine. Maybe.
SmartRent’s beaten-down shares got some relief Thursday after the smart-home technology provider reported the highest quarterly revenue in its five-year history.
