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In 1980 Manny Medina incorporated Terremark as a real estate company, constructing office buildings. During the dot-com era, an increasing number of his buildings were leased to computer data centers; over the years the company morphed into an information technology services company itself starting with the NAP of the Americas, [4] a large data center [5] and Internet exchange point [6] that ...
Verizon Business operated 200 data centers in 22 countries, providing cloud, hosting and Internet colocation services to customers in 2013. [ 6 ] [ 7 ] [ 8 ] It also had partial ownership in 80 submarine cable networks worldwide, including the SEA-ME-WE 4 , Trans-Pacific Express , and the Europe India Gateway systems in 2011.
Verizon's "well-planned and anticipated" move to lower its headcount will offer employees up to 60 weeks of salary, bonuses and benefits, depending on the length of their careers at Verizon, the ...
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
Equinix, Inc. is an American multinational company headquartered in Redwood City, California, [3] that specializes in Internet connectivity and data centers.The company is a leader in global colocation data center market share, [4] with 260 data centers in 33 countries on five continents.
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Nearly all Verizon Wireless workers are nonunionized. [8] Union leaders refused to accept a new contract citing multiple issues, including pensions, healthcare, work assignments, job security, and wages. According to Verizon, employees received $130,000 a year in wages and benefits. Union leaders claimed that the average total was $74,000 a year.
1992 – IBM sells its remaining 50 percent stake in the Rolm Company to Siemens A.G. of Germany. [221] 1994 – Xyratex enterprise data storage subsystems and network technology, formed in a management buy-out from IBM. 1995 – Advantis (Advanced Value-Added Networking Technology of IBM & Sears), a voice and data network company.