Monday, June 27, 2022

Naspers subsidiary Prosus sold 131.8M shares in JD.com, a ~4% stake worth $4B+, saying the e-commerce company "does not form part of [its] core strategic focus" (Bloomberg)

Bloomberg:
Naspers subsidiary Prosus sold 131.8M shares in JD.com, a ~4% stake worth $4B+, saying the e-commerce company “does not form part of [its] core strategic focus”  —  An arm of South African internet giant Naspers Ltd. sold almost $4 billion worth of stock in JD.com Inc. that it got …



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Arizona's Maricopa County is set to have the second largest concentration of US data centers by 2028, as the state races to increase electricity production (Pranshu Verma/Washington Post)

Pranshu Verma / Washington Post : Arizona's Maricopa County is set to have the second largest concentration of US data centers by 202...