data centers

When you think of data centers, you probably picture a giant server farm in a rural area where electricity is cheap and tax breaks are plentiful. Big tech companies like Google, Amazon Web Services, Microsoft, and Meta have placed millions of square feet worth of server space in places like Northern Virginia or Hillsboro, Oregon. But now, to reduce lag times, companies are increasingly weaving nodes in their network into the fabric of cities. The One Wilshire building in Los Angeles, for example, formerly home to a…

TikTok said it has hit a milestone in its latest attempt to respond to concerns about the security of data for its U.S. users. The popular short-form video app said on Friday traffic for all U.S. user data is now being routed through the cloud infrastructure of its partner Oracle Corp. ORCL -1.44% TikTok, whose parent company is China-based ByteDance Ltd., said it still uses its own U.S. and Singapore data centers as backup but expects…

Nvidia NVDA 5.08% may be the chip company for the metaverse, but even they can’t escape the real world sometimes. Financial results for Nvidia’s fiscal first quarter ended May 1 came in ahead of expectations, at least in the key business segments of videogames and data centers. Revenue surged 46% year over year to about $8.3 billion and adjusted operating earnings jumped even more, by 55% to a record high of nearly $4 billion.…

The transaction to acquire Switch for $34.25 a share was unanimously approved by a special committee of Switch’s board. Photo: Pavlo Gonchar/Zuma Press…