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Capital Infrastructure

Hubble Network raises $200 million for satellite Bluetooth network

Satellite startup Hubble Network raised $200 million in a new funding round, Bloomberg reported, taking its valuation to $1.6 billion. The company is working on a network of spacecraft intended to provide global Bluetooth connectivity. The financing gives Hubble capital for that effort while the network remains under development.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Capital
Capital

Aave Labs acquires Avon team and lending technology

Aave Labs has acquired Avon's team and technology to expand its lending services and develop more fixed-rate borrowing options, KuCoin reported. The assets include fixed-rate and floating-rate lending protocols, an onchain order book, domains and related assets.

Infrastructure Products
Infrastructure Products

Google buys Crusoe's Wyoming data centre site to build it itself

Google has bought Crusoe's data centre site in southeast Wyoming and will build the project itself, Crusoe said Friday. The acquisition follows Google's announcement a day earlier that it would spend $17B on its first Wyoming data centre in Laramie County.

Infrastructure
Infrastructure

Protesters enter Microsoft data center construction site in Amsterdam

About a hundred protesters entered a Microsoft data center construction site in Amsterdam, Tom's Hardware reported, citing Reuters. Pure Data Centers, which owns the site, asked those present to leave safely and discuss their concerns.