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
Intel Secures $7.9B Subsidy Amidst Growing Costs
What happened Intel recently secured a $7.86 billion subsidy from the U.S. government under the CHIPS Act to support its semiconductor production efforts. However, the funding imposes stringent conditions on Intel Foundry Services (IFS), should it spin off into an independent…
North America National Telecom Trends
Hackers target T-Mobile, call logs untouched
What happened US phone giant T-Mobile said Wednesday that hackers had “no access” to its customers’ calls, text messages, and voicemails during an ongoing industry-wide cyberattack targeting internet and phone companies. T-Mobile’s chief security officer, Jeff Simon, said in a…
North America Institutional Trends
Intel’s grant was adjusted by the U.S. government
What happened Intel’s CHIPS Act funding for private-sector semiconductor production has been adjusted to $7.86 billion by the US Commerce Department. This follows a $3 billion award in September under a separate CHIPS program supporting defense chip manufacturing. The revised…
North America Cloud Services Trends
US security officials discuss Chinese cyber-espionage with telecom executives
What happened U.S. national security officials recently held a meeting with telecom executives to discuss the rising threats of Chinese cyber-espionage. This dialogue centers around allegations that Chinese cyber actors are targeting telecom infrastructures globally. The focus…
North America Institutional Trends
SEC’s Gensler steps down, crypto awaits revolution
What happened US Securities and Exchange Commission (SEC) Chair Gary Gensler announced on Thursday, November 21, that he will resign on January 20, 2025. In recent years, the agency filed major lawsuits against industry giants like Coinbase for failing to register legally. Since…
North America Cloud Services Trends
Nokia broadens partnership with Microsoft for Azure datacenter networks
Nokia's November 2024 expansion with Microsoft matters because it puts a named network supplier inside Azure's datacenter growth path for another five years. Nokia will supply datacenter routers and switches, including the 7250 IXR-10e platform and custom top-of-rack management…
North America Cloud Services Trends
Marathon’s bold bet: The future of bitcoin mining
What happened Marathon Digital, one of North America’s largest Bitcoin mining companies, announced on Thursday (November 21) that its goal to double its hash rate to 50 exahashes per second (EH/s) within the next 18 to 24 months. Marathon is making strategic moves, including an…
North America Cloud Services Trends
Navro gains FMSB approval to offer business money transfer services in Canada
What happened Navro has received registration from the Financial Services and Markets Bureau (FMSB), granting it the ability to provide regulated money transfer services to businesses in Canada. This registration marks a significant achievement for Navro as it officially enters…
North America Institutional Trends
Klarna’s IPO: A bold step toward U.S. market dominance
What happened Klarna, the Swedish fintech company best known for its Buy Now, Pay Later (BNPL) services, has officially taken the first step toward going public in the U.S. The company filed a confidential registration with the U.S. Securities and Exchange Commission (SEC) on…
North America Cloud Services Trends
Understanding the basics: What is a Type 2 hypervisor?
In today’s digital world, virtualization technology has become a powerful tool, allowing us to run multiple operating systems on a single computer. One of the key components in this technology is the hypervisor. Hypervisors are software layers that manage virtual machines (VMs)…
North America Cloud Services Trends
FTC targets Microsoft: Cloud monopoly in the spotlight
What happened The US Federal Trade Commission (FTC) is reportedly preparing to investigate Microsoft’s cloud computing business, as reported by multiple sources on Thursday (November 14). This move comes amid allegations of the company potentially abusing its market position in…
North America Cloud Services Trends
Top tech news today: November 18, 2024
1. US scales back cryptocurrency prosecutions The Manhattan US Attorney’s office plans to reduce cryptocurrency cases, reflecting a shift in enforcement priorities amid evolving market conditions. Source: Reuters 2. Top hedge funds embrace Bitcoin ETFs Millennium, Capula, and…
North America Cloud Services Trends
CFPB seeks to place Google under federal supervision
What happened The U.S. Consumer Financial Protection Bureau (CFPB) is reportedly looking to place Google under federal supervision. This decision is part of ongoing regulatory efforts to examine Google’s financial services operations. According to a report by The Washington Post…
North America Cloud Services Trends
Vaulted Deep lands $32M to tackle carbon waste with new tech
What happened U.S. climate tech startup Vaulted Deep announced on Thursday, November 14, that it has raised $32 million in venture capital. The company and its investors stated that the new funding will help Vaulted Deep scale its operations. The company locks away carbon that…
North America Cloud Services Trends
The carbon footprint of digital technology: From streaming to cloud storage
Streaming services, cloud storage, and online communication have made us more connected than ever. Yet, as we embrace a fully digital world, we must consider the environmental impact of our online activities. While digital technology offers many conveniences, it also adds…
North America Cloud Services Trends
Pony AI seeks up to $4.48B valuation in US IPO
What happened Pony AI said Thursday that it is aiming for a valuation of up to US$4.48 billion (RMB 20.11 billion) in its US IPO as the Chinese self-driving company proceeds with its long-sought plan for a New York listing. In order to generate up to US$195 million, Pony, which…
North America Cloud Services Trends
Amazon faces ban on anti-union meetings after US labour ruling
What happened The U.S. National Labour Relations Board (NLRB) ruled on Wednesday that Amazon made unlawful promises and threats during mandatory meetings to discourage unionisation at its Staten Island warehouse. The ruling also bans employers from holding such “captive audience”…
North America Institutional Trends
AMD to lay off 4% of employees globally for market adjustment
What happended AMD announced on Wednesday that it would lay off 4% of its global workforce. According to a U.S. Securities and Exchange Commission filing, AMD employed 26,000 people at the end of the previous year. After Nvidia, AMD is the second-largest manufacturer of graphics…
North America Cloud Services Trends
Bluesky adds 1.25M of X-fleeing users after election
What happened Over 700,000 new users have joined the social media platform Bluesky in the week following the US election as users try to avoid inflammatory posts and false information on X. According to the company, the migration, which is mostly from North America and the UK…
North America Cloud Services Trends
Sexism in ChatGPT: How does AI’s hidden bias impact us?
Amazon developed an AI tool in 2014 to screen job candidates, aiming to simplify the hiring process using AI. However, the company soon discovered that the AI recruitment system tended to rate female candidates lower, especially for technical positions. Amazon’s testing of the…