Facebook and Microsoft are building an undersea cable to move massive amounts of data much faster

Facebook and Microsoft are teaming up to build a new underwater cable that will span more than 4,000 miles across the Atlantic Ocean, according to a new announcement.

The cable will help both companies transfer more data, faster between the United States and Europe, connecting hubs in Northern Virginia and Bilbao, Spain.

Although the two tech giants are collaboring on the cable, it will be operated and managed by telecommunications infastructure company Telxius.

Developing...