TNB Tech Minute: New York State to Enact Yearlong Big Data Center Ban
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 14 July 2026
⏱️ 3 minutes
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| 0:00.0 | Access to affordable credit helps me pay my employees, but I don't really need it. |
| 0:05.0 | Infliction is killing me! |
| 0:08.0 | But who cares? Big retailers are making record profits! |
| 0:12.0 | That's why we support the Durban Marshall Credit Card Bill! |
| 0:15.0 | See? Banks and credit unions help small businesses make payroll. |
| 0:18.0 | This bill would cut the vital resources they need. |
| 0:25.1 | While increasing megastore profits, they deserve it. Don't they? |
| 0:29.1 | Tell Congress, stop the Durban Marshall money grab for corporate megastores. |
| 0:31.2 | Paid for it by the Electronic Payments Coalition. |
| 0:39.5 | Here's your morning TNB Tech Minute for Tuesday, July 14th. I'm Pierre Biennamee for the Wall Street Journal. |
| 0:45.8 | Newark Governor Kathy Hochel is banning the construction of big new data centers for up to a year, |
| 0:50.5 | making New York the latest state to confront the rollout of sites powering the AI boom. |
| 0:55.2 | According to her office, Hokel, a Democrat, is set to sign an executive order today, |
| 1:00.5 | temporarily freezing construction on data centers with capacities of at least 50 megawatts. |
| 1:06.0 | The order will halt any projects still awaiting a permit. The moratorium will last as long as it takes to create data center regulations, but no more than a year. Dozens of cities and counties across the U.S. have issued temporary halts on data center regulations, but no more than a year. Dozens of cities and counties across the U.S. |
| 1:11.9 | have issued temporary halts on data center construction, but no other state has enacted a similar |
| 1:16.8 | freeze, though several have proposed similar bans. In pre-market trading, shares in IBM sank |
| 1:23.7 | more than 20 percent after the company issued a profit warning. In a letter to investors, IBM's |
| 1:29.2 | CEO cited a shift in customer spending from software to AI hardware and memory chips and said |
| 1:35.2 | it didn't react quickly enough to the changing market conditions. The company said it plans to |
| 1:40.0 | report revenue of $17.2 billion for the June quarter, falling short of analysts' expectations. |
| 1:46.2 | It's scheduled to release its official second quarter figures next week. And Frontier Airlines, |
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