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Meta, BlackRock Plan to Invest in $14 Billion Data Center

Jul 28 2026 // Meta Platforms Inc. and BlackRock Inc. plan to build a 1-gigawatt data center complex in Texas that will cost about $14 billion to develop, adding to a wave of investment in the computing hubs that power artificial...

Texas Judge Rules BlackRock, State Street, Vanguard Must Face Antitrust Suit

Aug 4 2025 // A federal judge in Texas largely denied a request by the world’s largest asset managers to dismiss a lawsuit brought by Republican state attorneys general claiming they colluded to reduce coal output, in a case that...

BlackRock Escapes Texas Oil-Boycott List After ESG Retreat

Jun 5 2025 // BlackRock Inc. was removed from Texas’ blacklist of companies that boycott fossil fuels, ending a three-year standoff over the environmental policies of the world’s largest asset manager.The move means pension...

Abu Dhabi’s IHC, BlackRock Start $1 Billion Reinsurance Firm

May 9 2025 // The yet-to-be-named firm will launch with more than $1 billion in initial equity commitments and aims to manage $10 billion in liabilities, backed by partnerships with BlackRock and Abu Dhabi-based asset manager Lunate,...

British Insurer Marshmallow Valued at $2 Billion With BlackRock Backing

Apr 15 2025 // British car insurance startup Marshmallow has almost doubled its valuation to more than $2 billion after a funding round that was backed by new investors BlackRock, Columbia Lake Partners and Portage.The firm, which offers...

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