Latest news with #Fried
Yahoo
a day ago
- Business
- Yahoo
Hilco Streambank Seeks Offers for Dallas, TX-Based Data Center Business
NEW YORK, June 2, 2025 /PRNewswire/ -- Hilco Streambank ( a leading intellectual property advisory firm specializing in intangible asset valuation, advisory, and monetization services, announced that it is seeking offers to acquire CoreSpace, a Dallas, TX-based data center providing multiple services to over 200 customers with a full-time staff of 6 employees, via a private sale of the company's assets, including IP addresses, trademarks and domain names, real estate, and hardware. Non-binding indications of interest are due by June 17, 2025. CoreSpace is a boutique data center offering colocation, public and private cloud, dedicated and virtual servers, SEO, and other services to small and medium enterprise clients. CoreSpace has a loyal customer list of over 200 clients, many of whom have worked with CoreSpace for ten years or more, which generated over $1.3 million in 2024. CoreSpace's top ten customers each billed an average of more than $50,000 in 2024. In addition to 130,000+ ARIN allocated IP addresses, trademarks, and domain names, an entity with the same ownership as CoreSpace owns a 30,000 square foot data center and office facility with prime freeway frontage in Dallas, Texas, of which CoreSpace is the sole occupant. The building is equipped with 1 megawatt of conditioned power, and up to 1.5 megawatts of utility power is backed by an onsite company-owned generator. CoreSpace currently uses less than 30% of its conditioned power infrastructure. The company also owns a large inventory of onsite equipment, infrastructure, critical power and HVAC components, and hardware. Hilco Streambank CEO Gabe Fried commented on this opportunity, "CoreSpace is an operational business with a small but deeply knowledgable team of employees. This is an opportunity for anyone new to or experienced in data center operation to step into a nearly break-even enterprise in a significant and growing tech hub." Fried continued, "A buyer of all the assets not only has 200+ loyal customers it can continue to service, but can leverage the 70% of unused conditioned power to expand its client list with little extra resources needed." A buyer may also have the opportunity to acquire select assets. Click here for more information. Interested parties may contact Hilco Streambank at project+core@ to learn more. Gabe Fried CEO 617.458.9355 Charles Abramson Sr. Account Executive, IPv4 646.651.1954 Stella Silverstein Analyst 646.651.1953 About Hilco Streambank: Hilco Streambank is a market leading advisory firm specializing in intellectual property disposition and valuation. Having completed numerous transactions including sales in publicly reported Chapter 7 and 11 bankruptcy cases, private transactions, and online sales through Hilco Streambank has established itself as the premier intermediary in the consumer brand, internet, and telecom communities. Hilco Streambank is part of Northbrook, Illinois based Hilco Global, the world's leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace. Hilco Global operates more than twenty specialized business units offering services that include asset valuation and appraisal, retail and industrial inventory acquisition and disposition, real estate and strategic capital equity investments. View original content to download multimedia: SOURCE Hilco Streambank Sign in to access your portfolio
Yahoo
a day ago
- Business
- Yahoo
Hilco Streambank Seeks Offers for Dallas, TX-Based Data Center Business
NEW YORK, June 2, 2025 /PRNewswire/ -- Hilco Streambank ( a leading intellectual property advisory firm specializing in intangible asset valuation, advisory, and monetization services, announced that it is seeking offers to acquire CoreSpace, a Dallas, TX-based data center providing multiple services to over 200 customers with a full-time staff of 6 employees, via a private sale of the company's assets, including IP addresses, trademarks and domain names, real estate, and hardware. Non-binding indications of interest are due by June 17, 2025. CoreSpace is a boutique data center offering colocation, public and private cloud, dedicated and virtual servers, SEO, and other services to small and medium enterprise clients. CoreSpace has a loyal customer list of over 200 clients, many of whom have worked with CoreSpace for ten years or more, which generated over $1.3 million in 2024. CoreSpace's top ten customers each billed an average of more than $50,000 in 2024. In addition to 130,000+ ARIN allocated IP addresses, trademarks, and domain names, an entity with the same ownership as CoreSpace owns a 30,000 square foot data center and office facility with prime freeway frontage in Dallas, Texas, of which CoreSpace is the sole occupant. The building is equipped with 1 megawatt of conditioned power, and up to 1.5 megawatts of utility power is backed by an onsite company-owned generator. CoreSpace currently uses less than 30% of its conditioned power infrastructure. The company also owns a large inventory of onsite equipment, infrastructure, critical power and HVAC components, and hardware. Hilco Streambank CEO Gabe Fried commented on this opportunity, "CoreSpace is an operational business with a small but deeply knowledgable team of employees. This is an opportunity for anyone new to or experienced in data center operation to step into a nearly break-even enterprise in a significant and growing tech hub." Fried continued, "A buyer of all the assets not only has 200+ loyal customers it can continue to service, but can leverage the 70% of unused conditioned power to expand its client list with little extra resources needed." A buyer may also have the opportunity to acquire select assets. Click here for more information. Interested parties may contact Hilco Streambank at project+core@ to learn more. Gabe Fried CEO 617.458.9355 Charles Abramson Sr. Account Executive, IPv4 646.651.1954 Stella Silverstein Analyst 646.651.1953 About Hilco Streambank: Hilco Streambank is a market leading advisory firm specializing in intellectual property disposition and valuation. Having completed numerous transactions including sales in publicly reported Chapter 7 and 11 bankruptcy cases, private transactions, and online sales through Hilco Streambank has established itself as the premier intermediary in the consumer brand, internet, and telecom communities. Hilco Streambank is part of Northbrook, Illinois based Hilco Global, the world's leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace. Hilco Global operates more than twenty specialized business units offering services that include asset valuation and appraisal, retail and industrial inventory acquisition and disposition, real estate and strategic capital equity investments. View original content to download multimedia: SOURCE Hilco Streambank Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fox Sports
a day ago
- Sport
- Fox Sports
Yankees' struggles, Dodgers' depth, and big homers: The World Series reunion had it all
In the end, this was just another regular season series with brighter lights. But man, did that World Series rematch this past weekend between the Los Angeles Dodgers and New York Yankees live up to the hype from the first at-bat to the last. We saw it all, including superstars outclassing each other, memories resurfacing from last year's Game 5, and the Dodgers showing everyone that, even though they weren't at full strength at the end of May, they're still the team to beat in Major League Baseball. Should we make something of the clash between these baseball titans? What can we learn from the Dodgers taking two games from the Yankees, especially Saturday's 18-2 rout that caused everyone on the East Coast to change television channels? Here are three takeaways from the weekend's three-game Yankees-Dodgers series. 1. The Yankees haven't closed the gap It seemed like the Yankees were in their heads at Dodger Stadium, attempting to overcome last October's disappointment while reliving it. New York should know by now that no lead is safe against Los Angeles, so the Yankees' 5-2 advantage in the third inning of Friday's opening salvo was hardly satisfying. Moments later, we saw flashes of last year's World Series Game 5 as the Dodgers clawed back for a comeback win against their current ace Max Fried, a la Gerrit Cole's fifth-inning collapse, stringing hits together to bury the Yankees' confidence and momentum. This time, the Yankees didn't have to step on their own feet with shoddy defense to allow the Dodgers to come-from-behind. Los Angeles just didn't miss mistakes. Shohei Ohtani homered twice against Fried, his second dinger sparking a four-run rally and forcing Fried out of the game after five innings. After Ohtani, the next seven Dodgers batters reached base, including more heroics from Freddie Freeman on an RBI double that went over Cody Bellinger's head in left field. The Dodgers' no-panic mindset leading to their 8-5 win in game one offered a reminder that the Yankees haven't closed the gap against the reigning champions. It only got more lopsided the following day. We're not expecting rookie right-hander Will Warren to get a start in meaningful games in the postseason, but his seven earned runs allowed over 1.1 innings on Saturday never even gave the Yankees a chance to battle back. The Dodgers outscored the Yankees 26-7 in the first two games of the series. Just like last year's Fall Classic, it's fair to wonder how the series would've unfolded had the Yankees brought their A game. Fried, the Yankees' de facto ace in place of the injured Gerrit Cole, had only allowed three home runs this year before he walked into Chavez Ravine on Friday, which was tied for the second-fewest home runs allowed among all big-league starting pitchers. Fried woke up the next day with a 1.92 ERA, despite the damage from Los Angeles' lineup, which is indicative of how terrific his season has been one-third of the way through the baseball calendar. He was due for a mediocre outing, and for the Yankees, it was unfortunate that it happened against the Dodgers. Derek Jeter, Alex Rodriguez and David Ortiz discussed the Los Angeles Dodgers' dominant 18-2 victory over the New York Yankees. 2. Judge and Ohtani trading blows was special Now, this was one thing both fan bases could agree on: the game's best sluggers going mano-a-mano. Though the rest of the series overshadowed how the matchup began, watching Aaron Judge and Shohei Ohtani bring the fireworks in the first inning on Friday was what makes this sport special. Judge struck first, obliterating a Tony Gonsolin slider 446 feet to deep center field in the top of the first inning for his 19th home run of the season. Ohtani, leading off the bottom of the frame, responded with his 21st jack of year, clobbering the first pitch of the game from Fried. If it felt like a significant moment in MLB history, it was. It was the first time ever both reigning MVPs homered in the first inning of the same game. "I feel like he was copying me," Judge said of Ohtani. "He's impressive. He's one of the best players in the game for a reason. What he can do in the box, on the basepaths, once he gets back on the mound —it's special." "It was a really good start to the game," Ohtani said through interpreter Will Ireton. "It was a back-and-forth between two really good teams and I'm glad we came out at the top." Judge added on to his home-run pile on Saturday, enjoying a two-homer game that brought his season total to 21. Meanwhile, Ohtani took a cat nap in the Dodgers dugout, and he still found himself ahead of Judge by the time the series was over, with 22 homers. The Japanese two-way superstar has already scored 63 runs this season, becoming the fastest player to reach that milestone in MLB's modern era. It sure seems like Ohtani and Judge bring out the best in each other, whether they're playing 3,000 miles away on separate coasts, or bringing the heat in the same stadium. 3. Dodgers have depth that Yankees don't Even without Mookie Betts, the Dodgers still throttled the Yankees pitching staff by relying on lineup depth that the Yankees simply do not have. After Ohtani, Teoscar Hernandez, Will Smith and Freeman, Los Angeles' lineup was still a threat, with center fielder Andy Pages crushing two home runs in the series, Max Muncy coming alive and going 5-for-10 with three home runs against New York, and Tommy Edman once again rising to the occasion in the blockbuster series. From top to bottom, the Dodgers lineup isn't just tricky to navigate; it's a living, breathing monster ready to slaughter opponents in broad daylight. Los Angeles' 18-2 thrashing on Saturday was a statement that they're the better team competing on another planet, even as the Yankees tried to remind themselves that this was just like any other series, and they shouldn't read too much into it. The Yankees weren't at full strength, with postseason icon Giancarlo Stanton on the injured list alongside infielders Jazz Chisholm and Oswaldo Cabrera, all of whom were sorely missed. But the Dodgers are depleted too, with top starters Blake Snell, Tyler Glasnow, and Roki Sasaki all injured. They're still atop the NL West with a 36-23 record. Finally, Yankees starter Ryan Yarbrough had the answers in Sunday's series finale, limiting the reigning champs to one run over six innings and helping the Yankees avoid getting swept. For now, Yarbrough has earned the opportunity to show the Yankees what he can do in the rotation, while Warren showed that he's still young and not yet ready to make a major start in a meaningful game. The Yankees should walk away from this World Series rematch knowing that they have work to do. Ahead of July's trade deadline, they need a viable third baseman even after Chisholm returns from injury, because the combination of Oswald Peraza, Jorbit Vivas, and Pablo Reyes is just not cutting it. They need another starting pitcher, and no, the eventual return of Luis Gil shouldn't be treated like it's a midseason acquisition. Gil should help, but the Yankees need more rotation depth at the back end. And they need a power arm in the bullpen, a point that is only magnified after we learned closer Luke Weaver is dealing with a hamstring injury. The star-studded Dodgers gained confidence this weekend, which should terrify opponents. They learned they can outshine the American League's best offense while they're missing key pieces from a roster that will only look better after the All-Star break, when Ohtani is expected to complete his rehab from Tommy John surgery and take the mound again. Right now, the Dodgers are still a better team than the Yankees. There's no guarantee these clubs will meet again this October, particularly with the dominant Tigers leading the AL and the number of highly competitive teams in the NL. But if we're heading toward another October rematch, the Dodgers have to feel good about their chances. It's not impossible for the Yankees to close the gap by the postseason, but it's a real challenge that will stay on their minds whether they admit it or not. On this edition of John Smoltz's "King of the Diamond", Landon Knack discussed his early season opportunity for the Los Angeles Dodgers and getting a win vs. the New York Yankees. Deesha Thosar covers Major League Baseball as a reporter and columnist for FOX Sports. She previously covered the Mets as a beat reporter for the New York Daily News. The daughter of Indian immigrants, Deesha grew up on Long Island and now lives in Queens. Follow her on Twitter at @DeeshaThosar . recommended Get more from Major League Baseball Follow your favorites to get information about games, news and more
New European
a day ago
- Business
- New European
Farage unveils his DOGE squad: four Reform politicians and a 28-year-old
Upon winning control of 10 local authorities in May Nigel Farage's party said it would send teams based on Elon Musk's US Department of Government Efficiency into each one to seize and examine documents, reports and records and see what was being spent on consultants, climate change initiatives and 'areas that county councils shouldn't be getting involved in'. Reform have announced the make-up of its first-ever DOGE team being sent into one of the councils it newly controls – and what an elite unit it is! The first unit, to go into Kent Council, has now been unveiled. And while Farage said it would consist of 'software engineers, data analysts and forensic auditors' it is actually comprised of four Reform politicians and a 28-year-old who has said he may be wanted for war crimes in the Philippines. The team is made up of Zia Yusuf (chair of Reform), Arron Banks (the Brexiteer businessman who funded and unsuccessfully contested the West of England mayoralty for Reform in May), Linden Kemkaran (Reform's leader of Kent Council), Brian Collins (Reform's deputy leader of Kent Council) and Nathaniel Fried. Who's the latter? Described as an 'entrepreneur and tech tycoon', the 28-year-old has curiously little presence online beyond his X account, where in the past he has awkwardly asked his 2,629 followers why his YouTube Shorts feed was 'just full of Nigel Farage's Cameo rubbish' (the Reform leader has a sideline selling personal messages on the video platform). Fried has also used X to publicly contact a business podcast to ask whether they'd be interested in having him on to discuss 'how data means I am probably going to be indicted for war crimes in the Philippines'. Where Farage's 'software engineers, data analysts and forensic auditors' are is unclear. As is what authority the likes of Fried and Banks will have to demand relevant finance procurement, audit and contract data and correspondence on significant procurements, as Reform has claimed they will. Another question is quite what the entire point of this folly is, given that Kent already has an audit and scrutiny committee, detailed documentation of its finances is available online and any deep DOGE probe is most likely to yield that Kent's financial issues are the same as every other council's – the cost of social care and SEN education. But one thing has been cleared up, at least. When LBC journalist Henry Riley pointed out Fried was 28, the 'tech tycoon' was quick to take to X to point out he was '29 next month', with a little party horn emoji.
Yahoo
2 days ago
- Business
- Yahoo
Max Fried Has Become Yankees' Ace With Gerrit Cole Sidelined
LOS ANGELES—Despite Max Fried's loss to the Los Angeles Dodgers Friday night at Dodger Stadium, the left-hander has more than helped the Yankees overcome the absence of staff ace Gerrit Cole, who is sideline for the season with an elbow injury. Aaron Judge said he doesn't know where the Yankees would be without Fried, like Cole a Los Angeles-area native. Advertisement More from 'I knew Max was always this good from just watching him on TV with the Braves, watching them on their World Series run, what he was able to do,' Judge said before the Yanks salvaged the finale of the three-game series with Sunday's 7-3 win. 'But now watching him up close you see the total package.' Fried was supposed to give the Yankees a potent starting one-two pitching punch when he signed as a free agent this past offseason for eight year and $218 million. Cole then blew out his right elbow during spring training and had to undergo Tommy John ligament replacement surgery. He had missed nearly the first three months of the 2024 season with soreness in the same elbow. Cole's in the midst of nine-year, $324 million contract and for the Yankees this year his $36 million is dead money – salary guaranteed to a player not on the active roster. Advertisement He's gone for the season until sometime into 2026 as he rehabs from a surgery that left a scraggily scar on that elbow. He's on the trip to California and said he's still in the strength and conditioning phase of his recovery. Picking up a baseball and tossing it is still down the road. The typical rehab from his kind of surgery could take as long as 18 months. 'I'm a little bit of a pragmatic type of guy,' Cole said. 'I want to just take it a day at time, but I feel like everything is going fine right now. Part of the challenge of these long processes is not to get ahead of yourself.' Meanwhile Fried, with ample help in the starting rotation from Carlos Rodon, has more than filled the gap. He went into Friday's game with a 7-0 record and a league-leading 1.28 ERA. After a pair of Shohei Ohtani homers and a blown 5-2 lead, he took the 8-5 loss. His record fell to 7-1 and his ERA increased to 1.92, now good for fifth in the Major Leagues. Fried wasn't around last fall when the Yankees met the Dodgers in the World Series. He was still a member of the Atlanta Braves. But the results Friday night were much the same as Game 5 at Yankee Stadium when Cole was on the mound and the Yankees blew a 5-0 lead on a shoddy display of fifth-inning defense. They lost the series that night. Advertisement Judge dropped a liner to center, Anthony Volpe made a bad throw to third base, and Cole failed to cover first base on a Mookie Betts' grounder to Anthony Rizzo. Cole said that night that he would take the responsibility for the loss, but not the blame. 'I took a bad angle to the ball,' he said. 'By the time it got by me I was not in position to cover first.' With seven months and 3,000 miles separating the situations, Fried didn't feel any better Friday night and the Yankees' pitching collapsed on Saturday in a crushing, 18-2 loss. 'I thought the guys did a great job getting me an early lead,' Fried, who had forearm problems of his own last season and missed a month, said Friday night. 'I just didn't do the job. I'm a competitor and I want to go out here and win. We had a lead, and I gave it up a couple of times. It just doesn't sit well with me.' Advertisement Asked if he liked that kind of spirit from Fried, Yanks manager Aaron Boone said Saturday: 'I like everything about him.' Boone feels the same way about Judge, who continues to pound the ball in what has been an historic first two months of the season that ended on Saturday. He hit .398 with 21 homers, 50 RBIs, 86 hits, 54 runs scored, a .490 on-base percentage and a 1.268 OPS. Judge hit three first-pitch solo homers in the first two games of the Dodgers series, the type of performance of which the Yanks have become accustomed, two of them behind Fried. 'He's been doing that all season, so it's not surprising,' Fried said. Advertisement Even with Fried's first poor outing of the season, he's still has an 0.97 WHIP, 70 strikeouts in 75 innings and has allowed just 16 earned runs, 57 hits and 16 walks in his first 12 starts. Opponents are hitting .205 against him. Like Cole, Fried has World Series experience. Cole pitched for Houston twice in 2019 and split his two starts as the Astros lost in seven games to the Washington Nationals. Two years later, Fried was on the mound for the Braves against the Astros in a deciding Game 6. He pitched six innings of no-run, four hit ball in a 7-0 championship-winning effort. By that time, Cole had already signed with the Yankees. The fact that Cole went down after the Yankees signed Fried is no small consolation. 'Max has been a huge contributor to where we are right now,' Cole said. 'Aaron having the season he's had for us is always a driving force. He's really steady Eddie every day and we're lucky to have him. It's just tough for me to sit here watching it. But that's the hand I was dealt and I'm trying to play it the best I can.' Advertisement Best of Sign up for Sportico's Newsletter. For the latest news, follow us on Facebook, Twitter, and Instagram.
