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$EQIX said it will build a new International Business Exchange (IBX) in Amsterdam at its existing campus at the Amsterdam Science Park. The newest data center, called AM4, will support growing demand for Platform Equinix in Amsterdam. $EQIX will invest $113MM, in first phase of development for AM4 data center which will house 1,555 cabinets.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.