Tag: Blue Owl Capital

Business AcquisitionCybersecurity

UK’s Capita Faces Record £14 Million Penalty Over Data Security Lapses

Britain’s outsourcing giant Capita has been hit with a record £14 million fine following a major data breach affecting over 6 million individuals. The Information Commissioner’s Office issued the penalty after finding significant security failings that enabled the 2023 ransomware attack. This case highlights growing concerns about cybersecurity across UK organizations.

Record-Breaking Fine for Data Protection Failures

British outsourcing firm Capita has been handed a substantial £14 million penalty for security shortcomings that led to a massive data breach, according to reports from regulatory authorities. Sources indicate this marks the largest fine ever issued by the Information Commissioner’s Office in its history of data protection enforcement.

by Aaron Blake
Arts and EntertainmentBusiness Acquisition

Meta Secures Historic $30 Billion Private Capital Deal with Blue Owl for AI Data Center Expansion

Meta Platforms Inc. and Blue Owl Capital are finalizing a nearly $30 billion financing arrangement for a major data center project in Louisiana. The deal represents the largest private capital transaction on record and will support Meta’s aggressive AI infrastructure expansion.

Historic Private Capital Deal for AI Infrastructure

Meta Platforms Inc., under the leadership of Mark Zuckerberg, is reportedly closing on a nearly $30 billion financing package for its data center development in rural Louisiana, according to sources familiar with the matter. This transaction marks what analysts suggest is the largest private capital deal ever recorded for technology infrastructure.

by Gabriel Novak