Brick-and-mortar real estate has cratered during the COVID-19 pandemic. The single exception is real estate linked to the significant growth in cloud computing: the buildings that house the servers that enable it. Goldman Sachs is investing up to $500 million in data center infrastructure. Private equity companies Blackstone and KKR also plan to invest in data centers, while, according to JLL, real estate investment trusts (REITs) focused on data centers had returns of 19 percent in the first half of 2020. Continue reading Cloud Computing Leads to Growth in Data Center Real Estate

By the middle of next year, Verizon customers could be watching over-the-top live channels and on-demand movies through a digital video service. Chief Executive Officer Lowell McAdam told investors at a conference last week that his company was close to reaching deals with major content providers such as ABC, CBS, Fox, NBC, DreamWorks, and AwesomenessTV. Verizon may even use multicasting technology to broadcast live content to smartphones via a single stream of airwaves. Continue reading Verizon Considers Launching a Digital Video Service in 2015