Last week, Petco confirmed that it had suffered a security breach that had exposed the personal information of its customers. According to TechCrunch who initially reported the breach, the company filed a notice with the Texas Attorney General’s office on Friday that detailed the leaked data which includes customer names, dates of birth, Social Security …
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Hong Kong Consults on Data Sharing to Curb Crypto Tax Dodgers
Hong Kong has launched a public consultation on how to implement the international Crypto-Asset Reporting Framework, or CARF, as it moves to bring crypto tax data sharing in line with global standards. According to a Tuesday press release, Hong Kong is seeking input on both the implementation of CARF and changes to tax reporting standards. …
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IBM to acquire Confluent for $11B as it seeks to bolster its data offerings
IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to bolster its data and automation products as ever more companies move their tech operations to the cloud and deploy AI technology. The tech giant said it would offer $31 for each Confluent share, which is about 50% more than …
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Environmental groups call for halt to new data center construction
As energy demand for data centers soars, environmental groups are calling for a moratorium on the approval and construction of new facilities. More than 230 organizations including Food and Water Watch, Friends of the Earth, and Greenpeace signed a public letter urging members of Congress to support a national moratorium on the approval and construction …
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IBM to Acquire Confluent to Create Smart Data Platform for Enterprise Generative AI – IBM Newsroom
IBM to Acquire Confluent to Create Smart Data Platform for Enterprise Generative AI IBM Newsroom Exclusive | IBM Strikes $11 Billion Deal for Confluent The Wall Street Journal IBM to Buy Confluent for $11 Billion to Expand in AI Services Bloomberg.com Confluent Stock Jumps On Report IBM Near Acquisition Deal Investor’s Business Daily IBM nears $11 billion Confluent deal …
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Meta turns to solar — again — in its data center-building boom
Tech companies may be vocal about their love of advanced nuclear power — the flashy trend that’s been sweeping the energy sector — but they continue to add renewable capacity. Meta recently signed a deal with Spanish renewable developer Zelestra for 595 megawatts of solar power in Texas, just two weeks after signing a separate …
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Data center tweaks could unlock 76 GW of new power capacity in the US
Tech companies, data center developers, and power utilities have been panicking over the prospect of runaway demand for electricity in the U.S. in the face of unprecedented growth in AI. Amidst all the hand wringing, a new paper published this week suggests the situation might not be so dire if data center operators and other …
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Geothermal could power nearly all new data centers through 2030
There’s a power crunch looming as AI and cloud providers ramp up data center construction. But a new report suggests that a solution lies beneath their foundations. Advanced geothermal power could supply nearly two-thirds of new data center demand by 2030, according to an analysis by the Rhodium Group. The additions would quadruple the amount …
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Solar notches another win as Microsoft adds 475 MW to power its AI data centers
Microsoft is adding another 475 megawatts to its already considerable renewable-powered portfolio to feed the growing energy appetite of its data centers. The company recently signed a deal with energy provider AES for three solar projects across the Midwest, one each in Illinois, Michigan, and Missouri. The ramp up reflects the immediacy of Microsoft’s needs. …
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Data centers love solar: Here’s a comprehensive guide to deals over 100 megawatts
The rush to capitalize on the buzz around AI has led tech companies to dramatically expand their data center footprints. That’s been good news for companies like Nvidia, but it has also led to unprecedented growth in the power industry. New and expanded data centers are expected to double the sector’s power demand by 2029, …
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