Post Profile

New study casts more doubt on data center subsidies

A new report by Good Jobs First confirms what has been long-suspected: Data center megadeals of over $50 million in subsidies create very few jobs at a cost per job that easily exceeds $1 million. Indeed, the average for 11 megadeals going to tech giants like Google, Apple, Facebook, and Microsoft came to $1.8 million […]
read more


Related Posts

Megadeal's Collapse Shakes Up Arms Industry

Business & Finance : Business from Newser

A deal to create a European defense and aerospace giant to rival Boeing and Lockheed Martin has collapsed and more weapons megadeals now look unlikely, Reuters finds. The proposed $45 billion merger between Britain's BAE Systems and...

3 banks just lost close to $100 million from the collapse of another megadeal

Business & Finance : Business Insider: Clusterstock

Halliburton and Baker Hughes officially called off their $28 billion megadeal on Sunday, and three banks stand to lose nearly $100 million as a result. The oil field services giants terminated their merger agreement after facing opp...

Cloud, Mobile, And Big Data Analytics Drive Latest Rounds of Megadeals

Business & Finance : Forbes: Business

The economy may be in choppy waters (when is it not?), but any headwinds are not stopping companies' drive to gobble up anything connected to cloud. EY reports that tech megadeals rose in the fourth quarter of 2015, making 2015 the ...

Why subsidize data centers?

Business & Finance : Angry Bear

A number of authors (Good Jobs First, David Cay Johnston, me, and me, among others) have pointed out that data centers (aka server farms) in the United States create very few jobs, yet receive state and local government subsidies th...


Copyright © 2016 Regator, LLC