North America

Stay updated on the latest developments in startups, business, and technology across North America. Get breaking news, in-depth reporting, and expert analysis on entrepreneurship, innovation, and emerging trends.

According to WeWork, paying for space consumed 74 percent of WeWork's revenue in the second quarter of 2023. The company was once valued at $47 billion, and now reported a net loss of $696 million in the first half of this year

News North America

SoftBank-backed WeWork seeks bankruptcy protection under U.S. Bankruptcy Code

U.S. headquartered, SoftBank-backed startup WeWork, once the coworking giant has sought U.S. bankruptcy protection on Monday.

Editorial Staff
7 November 2023

Brett Callow, a ransomware expert and threat analyst at the cybersecurity firm Emsisoft, said that while organizations may pay cybercriminal gangs when demanded ransom, that doesn't guarantee that data won't be leaked.

News North America

Boeing confirms cyber incident after Lockbit hacking gang claims data theft

Boeing acknowledged the incident days after the Lockbit cybercrime gang said on Friday it had stolen "a tremendous amount" of sensitive data.

Editorial Staff
2 November 2023

xAI reportedly acquired 10,000 graphics processing units (GPUs) in March. These hardware components are essential for the development and operation of advanced AI systems.

News North America

Elon Musk announced xAI, Unveils 7 key points

On Wednesday, billionaire entrepreneur Elon Musk finally launched his highly anticipated artificial intelligence startup, xAI.

Editorial Staff
14 October 2023

the police is investigating the death of Pava LaPere, the young tech CEO who was found dead at an apartment complex in Baltimore Monday morning, as a homicide.

News North America

US-based Forbes 30-Under-30 tech CEO Pava LaPere dies at 26

Pava LaPere, a 26-year-old CEO and Co-founder of the US based startup EcoMap Technologies, found dead in her apartment in Baltimore on Monday.

Wajiha Wahab
29 September 2023

The total value of NFT sales on Ethereum has declined from a peak of over $4.9 billion in January 2022 to around $272 million in July 2023

News North America

NFT startup Recur to shutdown after raising despite raising $50 Mn Series A

Recur, Miami, US-based NFT startup has lately announced its decision to shut down. The platform will be deprecated effective 16 November 2023.

Editorial Staff
22 August 2023

According to Business Insider, the money was given by The Musk Foundation to the University of Texas at Austin in 2021. The PWI is a joint project of the University's Population Research Center and its economics department.

News North America

Elon Musk pledges $10 Mn to fund a fertility and population research project

Elon Musk has donated $10 million to a fertility and population research project called Population Wellbeing Initiative (PWI).

Mohammed Haseeb
16 August 2023

The court has recommended Holmes serve her time behind bars at a federal minimum-security women's prison in Bryan, Texas.

News North America

Theranos founder Elizabeth Holmes to serve 11 years in prison

Elizabeth Holmes who founded Theranos in 2003, has been ordered by a court in San Francisco to start serving in prison for 11 years starting from May 30.