North America Trends
North America Trends
North America market trend intelligence tracks cloud service, regional ISP, national telecom, data centre, and institutional infrastructure signals across North American internet infrastructure markets. BTW.
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North America Institutional Trends
U.S. files complaint against Fintech App Dave and CEO
What happened: FTC alleges deceptive practices by fintech app Dave and its CEO The U.S. Justice Department, in conjunction with the Federal Trade Commission (FTC), filed a civil enforcement action against fintech company Dave Inc. and its CEO, Jason Wilk. The complaint alleges…
North America Cloud Services Trends
Max Keiser predicts US struggles under Bitcoin standard adoption
Max Keiser warns that a global Bitcoin standard could weaken the US economy while strengthening resource-rich nations like Russia.
North America Cloud Services Trends
Arm’s licensing clash with Qualcomm ends in mistrial
What happened: Qualcomm’s legal victory over Arm dispute A jury in the US District Court for the District of Delaware delivered a significant verdict in a licensing dispute between Arm and Qualcomm, which began over a $50 million royalty issue. The case arose after Qualcomm…
North America Institutional Trends
Jump Crypto settles SEC case with $123M fine
What happened: Jump Crypto resolves SEC case linked to Google Pay competitor TerraUSD Tai Mo Shan, a subsidiary of Jump Crypto, has reached a $123 million settlement with the United States Securities and Exchange Commission (SEC) over allegations of misleading investors about the…
North America Cloud Services Trends
Chime prepares for potential 2025 IPO in US
Chime Financial plans a 2025 IPO, leveraging its $25B valuation and leadership in digital-first banking to drive growth.
North America Cloud Services Trends
CFPB sues major banks over Zelle fraud allegations
What happened: CFPB takes legal action over Zelle fraud issues The Consumer Financial Protection Bureau (CFPB) has filed lawsuits against three major US banks—JPMorgan Chase, Bank of America, and Wells Fargo—over allegations of failing to prevent and address fraud on the Zelle…
North America Cloud Services Trends
US boosts telecom security with new Rip and Replace funding
What happened: Telecommunications challenges in Rip and Replace initiative. The recent US$895 billion defence spending package includes significant provisions for the telecommunications sector, particularly through the Secure and Trusted Communications Networks Reimbursement…
North America Cloud Services Trends
Parafin secures $100M in Series C to expand embedded finance
What happened: Parafin raises $100M to scale embedded finance solutions Parafin, a US-based embedded finance fintech, has successfully closed a $100 million Series C funding round. The investment was led by a mix of existing backers and new investors, underscoring growing…
North America Cloud Services Trends
SpaceX gains new FAA licence for exciting Starship mission
What happened: SpaceX secures FAA licence for testing The US Federal Aviation Administration (FAA) has issued a licence modification for SpaceX‘s next test flight of the Starship. This authorisation allows the company to conduct multiple missions under the Flight 7 mission…
North America Cloud Services Trends
Affirm lands $4B capital boost from Sixth Street partnership
What happened: Major capital injection for Affirm US-based Buy Now, Pay Later (BNPL) fintech company Affirm has secured a significant $4 billion capital partnership with Sixth Street, a leading global investment firm. This partnership is set to empower Affirm to further its…
North America Institutional Trends
Paystone expands footprint with Ackroo acquisition for $21M
What happened: Paystone’s strategic acquisition Canadian fintech company Paystone has declared the acquisition of Ackroo, a loyalty and gift card technology provider, for a sum of $21 million. This acquisition is a strategic step that signifies Paystone’s commitment to broadening…
North America Cloud Services Trends
Avelacom expands US-Mexico trading connectivity with new PoPs
What happened: Avelacom enhances low-latency connectivity between US and Mexico Avelacom, a low-latency network solutions provider, has expanded its infrastructure by deploying two new Points of Presence (PoPs) and upgrading existing connections to improve interconnectivity…
North America Cloud Services Trends
Visa Direct enables real-time bank transfers in under 60 seconds
What happened: Visa Direct introduces real-time bank transfers in the U.S. Visa Direct, Visa’s global real-time payments platform, has announced a major upgrade to its domestic services in the United States, ensuring bank transfers are completed in under 60 seconds. This…
North America Cloud Services Trends
Macquarie seeks to spend billions on Edotco
What happened: Macquarie bids for Axiata’s Edotco valued at $3.5 billion Macquarie Asset Management has made a bid for Edotco, Axiata Group’s tower infrastructure business, valued at approximately US$3.5 billion. Sources suggest that Axiata is currently considering the offer.…
North America Cloud Services Trends
Current raises $200M amidst rapid growth
What happened: Current secures $200M to drive innovation and growth Current, a U.S.-based consumer FinTech platform, has raised $200 million in new funding as it continues to experience rapid growth. The company reported a 90% increase in revenue this year, driven by the…
North America Datacenter Trends
ExxonMobil targets data center energy with carbon capture
What happened: ExxonMobil to offer carbon capture solutions for data centers ExxonMobil is entering the data center sector with plans to provide low-carbon electricity for data centers across the U.S. using natural gas and its carbon capture and storage (CCS) technology. The…
North America Cloud Services Trends
Ripple’s RLUSD stablecoin receives green light from NYDFS
What happened: Ripple gets NYDFS approval for RLUSD Ripple Labs has achieved a major regulatory milestone with the New York Department of Financial Services (NYDFS) granting final approval for the launch of its US dollar-backed stablecoin, RLUSD. This development was confirmed by…
North America Datacenter Trends
Yondr Group acquires site for first Canadian data center
What happened: Yondr Group expands to Toronto, supporting RAN interoperability Yondr Group has acquired a 4.5-acre site in Toronto to build its first data center in Canada, marking a major step in expanding its North American presence. The three-story, 27MW facility is set to…
North America National Telecom Trends
US firms band together in challenge to T-Mobile and UScellular
What happened: T-Mobile faces strong merger opposition This week, the FCC received four “Petition to Deny” filings from various parties opposing the T-Mobile and UScellular merger, demonstrating strong opposition among US telecom stakeholders. The filings came from organisations…
North America Datacenter Trends
Google taps Intersect Power for clean energy in data centers
What happened: Google provides renewable energy for AI-powered data centers Google has partnered with Intersect Power and TPG to develop gigawatt-scale data center sites across the U.S., powered by clean energy solutions. Intersect will build renewable energy assets, including…