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Amazon to spend $20B on data centers in Pennsylvania, including one next to a nuclear power plant
Amazon will spend $20B on two new Pennsylvania data centers, including one next to a nuclear plant, in the state's largest-ever private investment.
Amazon planning $10B investment for North Carolina data center and AI campus
Amazon will invest $10B in a North Carolina AI and cloud campus, creating 500 jobs and boosting infrastructure in Richmond County, a rural textile region.
Meta’s nuclear deal signals AI’s growing energy needs
Meta signs 20-year nuclear energy deal with Constellation as tech giants seek cleaner power to meet AI’s surging electricity demands.
New logistics centers boost Virginia’s supply chain edge
Four major logistics hubs, including Amazon and Port 460, open across Virginia in 2024, enhancing East Coast distribution and supply chain access.
Amazon holds grand opening for Virginia Beach delivery station
Amazon on Tuesday announced that it had officially opened its new 200,000-plus square-foot delivery station in Virginia Beach. The facility, located at 2201 Harpers Rd, is Amazon’s 17th delivery station in Virginia and the sixth site in Hampton Roads
UPS to cut 20,000 jobs as it pulls back from Amazon
United Parcel Service is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. The package delivery company said Tuesday that it anticipates making the job cuts this year. It anticipates closing 73 leased and owned buildings by the end of June. […]
Richmond warehouse complex with Amazon fulfillment center sells for $97.5M
Stream Realty Partners acquires Richmond warehouse campus for $97.5M and 135-acre Chesterfield site, signaling growing interest in the region.
Big Tech’s ‘Magnificent Seven’ heads into earnings season reeling from Trump turbulence
SAN FRANCISCO (AP) — As Big Tech kicks off its quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty and turmoil that they didn’t anticipate when Donald Trump re-entered the White House nearly 100 days ago. Since President Trump’s Jan. 20 inauguration, Big Tech stocks have been […]
Amazon’s last-minute bid for TikTok comes as a US ban on the platform is set to take effect Saturday
WASHINGTON (AP) — Amazon has put in a bid to purchase TikTok, a Trump administration official said Wednesday, in an eleventh-hour pitch as a U.S. ban on the platform is set to go into effect Saturday. The official, who was not authorized to comment publicly and spoke on the condition of anonymity, said the Amazon offer was made in a […]
Amazon Fresh, Arlington nonprofit to lay off 200+ workers in Northern Virginia
An Amazon Fresh store in Manassas is closing, and an Arlington County nonprofit is laying off 149 employees due to federal funding cuts, the two employers disclosed in WARN notices to a state agency this week. The Virginia Department of Workforce Development and Advancement, aka Virginia Works, posts federal Worker Adjustment and Retraining (WARN) Act […]
FTC reverses its request for a delay in an Amazon trial, says it has resources to litigate the case
A lawyer for the Federal Trade Commission has walked back his comments about a lack of resources and staff turnover interfering with the agency’s preparations for a trial involving Amazon‘s Prime program. FTC lawyer Jonathan Cohen asked a federal judge during a hearing on Wednesday to delay the September trial and relax deadlines in the […]
Amazon eyes Caroline, Spotsylvania for 11-building data center campus
Amazon is seeking federal and state permits to build an 11-building data center campus in Caroline and Spotsylvania counties. The e-commerce giant’s Amazon Data Services subsidiary sent a joint permit application last week to the U.S. Army Corps of Engineers. Amazon plans to build the campus directly southeast of the Interstate 95 and Mudd Tavern […]
