Microsoft invests in startup recovering rare earth metals from hard drives
Cyclic Materials allows rare earth magnets to be taken out of hard drive before shredding
News - IT asset disposal
The latest news from the data center, telco, and cloud sector
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TES launches IT asset repurposing and disposal facility in Virginia
The 120,000 sq ft site was announced in August 2023
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TES to establish Virginia data center IT asset disposal facility
Company announces "significant" multi-million dollar investment plan
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Morgan Stanley fined another $35 million over data center decommissioning SNAFU
Takes bank's fines and settlements bill to more than $150 million
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Restore plc acquires UK data destruction firm Ultratec
Restore acquires another IT recycling firm for £9.4m
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SK ecoplant acquires eWaste recycling firm TES
TES has been acquired for $1 billion US and is expected to close in Q2 2022
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Morgan Stanley agrees $60m settlement over data center decommissioning breach
Bank denies wrongdoing, but will pay to settle class action
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Morgan Stanley accused of “ignoring industry standards” during decommissioning data loss incident
Company accused of "profit-driven decisions" that led to data loss
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Morgan Stanley names ITAD vendor behind its data loss incident
Bank names Triple Crown as vendor during data center decommissioning that led to customer data loss, $60m fine, and class action lawsuit