Beacon
Coverage of Beacon in the Nexus archive.
- 93% of mainland Chinese top talent move to Hong Kong for children’s education
A survey by Beacon Group found that over 90% of mainland Chinese families moving to Hong Kong under talent visa schemes cited children’s education as the primary reason. Nearly 80% of respondents relocated when their children were in upper secondary school.
- A solution to data center backlash? Put them in oil fields.
Data centers face widespread opposition in the U.S. due to concerns over noise, water contamination, and energy use. A new project by California Resources Corporation proposes building a 600,000-square-foot data center in the Elk Hills oil field, leveraging existing infrastructure and power resources to mitigate community backlash. Similar projects are being planned in Texas and Pennsylvania, focusing on oil and gas fields to avoid densely populated areas.