Microsoft Scraps UK Data Center Deal With Nscale, Telegraph Says

(Bloomberg) -- Microsoft Corp. has pulled out of a UK data center deal with British neocloud Nscale at a critical time for the startup's initial public offering hopes, the Telegraph reported. Most Read from Bloomberg White House Turmoil Erupts as Trump Axes Zacharia, Backs Wiles Ambani Taps Massive Reliance Workforce to Boost Jio's Record IPO Trump's New White House Press Secretary Out After Five Days Trump Halts New Russia Energy Sanctions to Ease Diesel Costs Judge Threatens Trump With Sanctions to Testify in BBC Lawsuit The newspaper did not provide a specific reason for why the US tech giant had pulled the plug on the deal in Loughton, Essex, though it said the site has been contending with a series of delays.