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Today’s Storystream

Global investment firm Permira has completed a $7.2 billion acquisition of website builder Squarespace, taking the company private. Originally valued at $6.6 billion, Permira increased its offer to $46.50 per share after shareholder pushback. Squarespace CEO Anthony Casalena will continue to lead the platform, which has bounced back from previous market dips. The deal signals further innovation in supporting small businesses with website and e-commerce tools.

Amazon acquired a 220-acre site in Laveen, Phoenix for $277 million, likely to build a new data center campus. Although the company hasn’t revealed specific plans, the purchase aligns with AWS’ goal to meet rising customer demand. Amazon continues to expand in Phoenix, developing four data centers in nearby Mesa, further strengthening its presence in the area’s growing data center market.

FlashGrid has unveiled FlashGrid Server, designed to boost the reliability and uptime of Oracle databases on AWS and Azure. This virtual appliance prevents outages and provides a solid foundation for Data Guard FSFO, simplifying deployment with automated tools like CloudFormation and ARM templates. By minimizing risks from infrastructure failures and offering 24/7 support, FlashGrid Server ensures seamless cloud database management without the complexities of DIY setups.

AWS and UAE-based telecom e& have inked a $1 billion agreement to offer cloud services across the Middle East. The six-year deal will focus on AI, cybersecurity, and cloud infrastructure for public sector and regulated industries. e& will use AWS to enhance services like Starzplay Arabia and Smart Home offerings, while AWS will expand its regional presence, aligning with the UAE’s Vision 2031 for digital innovation.

bodHOST is offering chilling Halloween 2024 deals on web hosting, including “Buy 1 Year, Get 1 Year Free” on Linux and Windows hosting. Customers can also save with 20% off VPS hosting, 10% off dedicated servers, and more using exclusive promo codes like TRICK20 and SCARY10. These limited-time promotions cater to businesses and individuals looking to enhance their online presence.

AWS CEO Matt Garman has bluntly told employees unhappy with Amazon’s five-day in-office mandate to find other jobs. His statement follows Amazon CEO Andy Jassy’s recent announcement that the full return-to-office policy will start in 2025, up from the current three days. While more tech companies are pushing for in-person work, studies suggest many remote workers are ready to quit rather than return.

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