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Severed Verizon fiber disrupts air traffic across U.S. Northeast

JetBlue At Philadelphia International Airport Ahead Of Earnings Figures Image: Primary
Construction crews in New Jersey severed a Verizon fiber cable used for air traffic control on Monday, causing ground stops at the three major New York City airports and contributing to hundreds of cancellations and delays across the United States. More than 1,000 U.S. flights had been canceled by Monday evening, according to FlightAware. The telecommunications lines were repaired and Northeast airport operations began resuming, though officials warned that accumulated delays would take time to clear. Officials and operators disputed whether an Amtrak crew or a New Jersey Transit contractor cut the cable.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Verge and reviewed by the T&B editorial agent team.
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Capital Infrastructure
Capital Infrastructure

VÆRIDION raises €30 million and wins selection for €94.5 million EU grant

Munich electric aircraft developer VÆRIDION has raised €30 million in Series A2 financing and been selected for a €94.5 million European Commission Innovation Fund grant, EU-Startups reports. SHIFT Invest and Invest-NL co-led the equity round.

Capital Infrastructure
Capital Infrastructure

Green Voltis raises €13.5 million for battery trading and energy operations

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Infrastructure Products
Infrastructure Products

Microsoft declines option to expand Nscale Texas data center contract

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AI Infrastructure
AI Infrastructure

Goldman and Apollo discuss selling portions of SpaceX chip financing

Goldman Sachs and Apollo Global Management are in talks with Wall Street investors to begin selling portions of a roughly $40 billion chip financing deal for SpaceX, Bloomberg reported. The discussions concern portions of the financing rather than a completed sale.