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Thursday, June 21st, 2018

    Time Event
    8:14p
    Intel Ousts CEO Krzanich After Relationship With Employee
    Intel removed Brian Krzanich as CEO after learning he had violated company policies by having a consensual relationship with an employee, Bloomberg reported
    • CFO Robert Swan was made interim CEO until the board finds a permanent replacement
    • Management learned about the relationship a week ago from an employee who was following company policy that requires staff to report such matters
    • The ouster throws into turmoil the leadership of a company that’s been a model of stability and organization for 50 years
    9:16p
    AT&T Sells 31 Data Centers to Brookfield for $1.1B
    AT&T has agreed to sell 31 data centers to Brookfield Infrastructure Partners for $1.1 billion
    • The assets and operations being sold comprise AT&T’s data center colocation business
    • Brookfield will use the assets to launch a new wholly owned global colocation business
    • AT&T is the latest telecommunications giant to divest a massive data center portfolio, following similar deals by Verizon, CenturyLink, and others

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