Author: Natalie Brooks

HardwareTechnology

Industry Leaders Advance HDD Technology With New Testing Facilities and Higher Capacity Designs

Hard disk drive manufacturers are pushing storage boundaries with new innovations. Western Digital has opened an expanded testing facility for data center customers, while Toshiba demonstrates a 12-disk HDD prototype that could enable 40+TB capacities by 2027 using advanced recording technologies.

HDD Industry Advances Storage Technology

Hard disk drives continue to serve as the backbone of global data storage, with reports indicating they store over 80% of the world’s data. According to industry analysis, HDD technology remains a cost-effective solution for data retention and is frequently deployed as secondary storage behind SSDs for AI and other data-intensive workloads. Three manufacturers—Western Digital, Seagate Technology, and Toshiba—dominate global HDD production, with recent announcements highlighting significant technological advancements.

by Natalie Brooks
EconomyPolicy

Federal Regulators Reverse Climate Risk Mandate for Major Banks

Federal banking agencies have eliminated climate risk planning mandates for major financial institutions. The policy reversal reflects ongoing debates about regulatory scope and financial risk management approaches.

Federal Banking Regulators Rescind Climate Planning Mandate

Federal regulators have reportedly withdrawn requirements that the nation’s largest financial institutions incorporate climate risk considerations into their long-term planning frameworks. According to reports, the Federal Reserve and Federal Deposit Insurance Corporation announced the policy reversal Thursday, eliminating guidance originally established during the Biden administration.

by Natalie Brooks
BusinessTelecom

Cumulus Media Files Antitrust Lawsuit Against Nielsen Over Radio Ratings Practices

Cumulus Media has initiated legal action against Nielsen Holdings, accusing the ratings giant of anticompetitive practices in radio audience measurement. The lawsuit alleges Nielsen illegally bundles national and local ratings data, forcing broadcasters to purchase unnecessary services. Industry analysts suggest the case could reshape how radio audience data is sold and priced.

Major Radio Network Challenges Ratings Giant

Radio broadcasting network Cumulus Media has filed a federal antitrust lawsuit against audience measurement firm Nielsen Media Research, according to court documents reviewed by Reuters. The lawsuit, filed in Manhattan federal court, alleges that Nielsen has been illegally leveraging its dominant position in radio ratings to suppress competition and charge inflated prices.

by Natalie Brooks
BusinessStartups

Former Builder.ai Finance Chief Subpoenaed in US Fraud Investigation

The former CFO of Builder.ai has been subpoenaed by US prosecutors investigating the startup’s collapse. Authorities are examining allegations of inflated revenues and questionable accounting practices at the once-valued $1 billion company.

Builder.ai’s Former CFO Subpoenaed in Federal Investigation

Former Builder.ai chief financial officer Andres Elizondo has been subpoenaed by US prosecutors as authorities investigate the circumstances surrounding the collapse of the Microsoft-backed startup, according to reports from the Financial Times. The subpoena reportedly requests Elizondo appear before a grand jury in a Manhattan court for questioning in September.

by Natalie Brooks