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Technology

Industry leaders call for bold green recovery in open letter

Last Thursday a group of Canadian business leaders, organized by Corporate Knights magazine, had a teleconference with Finance Minister Bill...

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Facebook shares are falling after Starbucks joins ad boycott

Facebook Inc. shares were poised to fall for a second day after more businesses, including Starbucks Corp. and Diageo Plc....

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Antibody drug tech firm AbCellera raises $105 million as it works on COVID-19

Canadian drug discovery technology company AbCellera, which analyzes and identifies antibodies for pharmaceutical companies working on a coronavirus treatment and...

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EMERGE COMMERCE LOOKING TO GO PUBLIC ON TSXV VIA REVERSE TAKEOVER

Toronto-based e-commerce startup Emerge Commerce has announced plans to go public on the TSX Venture Exchange (TSXV) following a planned...

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MICROSOFT, DREAM LEGACY FOUNDATION PARTNER TO SUPPORT UNDERREPRESENTED FOUNDERS

Microsoft for Startups Canada has entered into a new partnership with Dream Legacy Foundation in order to support diverse founders...

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SHOPIFY TO OFFER BUSINESS ACCOUNT, CARD, AND REWARDS PROGRAM WITH NEW SHOPIFY BALANCE

Canadian E-commerce giant Shopify has expanded its financial services offering with the launch of Shopify Balance, a banking product for...

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Morgan Stanley expanding further into Canada with new wealth management service

One year after Morgan Stanley acquired Calgary-based Solium Capital, the American financial giant is expanding further in Canada with the...

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Canada’s economic relief efforts are a good start, but tech scale-ups demand clarity around eligibility

Some parts of Canada’s economic relief efforts are receiving a lukewarm response from technology scale-ups, according to a new report...

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Ottawa tech firms catering to teleworkers see ‘surge in demand’ for products

For nearly two decades, Paul Vallée has been building technology to help make working from home easier. With the COVID-1...

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Tech companies are proposing Canada use phone apps to track spread of coronavirus

A number of companies and researchers in Canada are in talks with or have put forward proposals to various levels...

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Canadian tech sector calls for emergency government-backed bank loans to stave off small business bankruptcies

Canada’s technology sector is at risk of widespread decimation due to the new coronavirus pandemic’s effects on the economy and...

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REPORT: CANADIAN VC INVESTMENTS SET RECORD IN 2019 AS TECH SECTOR DOMINATES

Canadian venture capital (VC) investment reached new heights in 2019, with a record $6.2 billion CAD invested over 539 deals...

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Google recognises Toronto’s tech potential

Following years of steady investment in Canada, Google recently announced that it had chosen Toronto to become a new Cloud...

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Here are the Canadian techs to buy in this downturn: National Bank Financial

The coronavirus outbreak is going to take a bite out Canadian tech companies and their performance over the next while...

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Canada’s Big 3 telecom firms will get 2 years to cut rates by 25 per cent

Rogers, Bell and Telus — the three biggest Canadian cellphone companies — will get two years to slash their prices...

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FINTECH GIANT BREX OPENS FIRST INTERNATIONAL OFFICE IN VANCOUVER

San Francisco-based FinTech startup Brex, which offers business credit cards and cash management accounts to technology companies, has opened its...

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Canadian tech company Redbrick acquires U.S. website builder Leadpages

Victoria, B.C.-based tech company Redbrick announced the acquisition of Minnesota-based no-code website builder Leadpages. Read more at MobileSyrup.com: Canadian tech...

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Government of Canada invests in regenerative medicine research to support Canadians' health

Stem cells are the body's building blocks, responsible for growing and repairing tissues. Used in regenerative medicine, they hold immense...

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ALBERTA BUDGET 2020 STRIKES SIMILAR CHORD FOR PROVINCES’ TECH SECTOR

On Thursday, The Government of Alberta tabled its budget for 2020, with its commitments staying much the same for the...

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Canadian MPs vote to examine the privacy implications of facial-recognition technology

The controversial use of facial-recognition tools will soon be scrutinized by MPs. Members of the House of Commons committee on...

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Sidewalk Labs still facing questions over data use in Toronto smart city project proposal

Alphabet’s proposed “smart” city development in Toronto is facing fresh questions over the project’s data-gathering technology from a panel advising...

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Canadian Space Agency invests in moon exploration

Canada’s Space Agency (CSA) announced this morning that they have given out seven contracts worth $4.36 million to five companies...

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Canadian businesses rush to plug a gap in electric-vehicle charging: Don Pittis

The relatively small number of electric vehicles you see on the road today masks what many experts say is a...

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SpaceX is looking to raise about $250 million, valuing Elon Musk’s space company at $36 billion

SpaceX is looking to raise about a quarter billion dollars in new funds, as Elon Musk’s company heads into a...

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German court lifts freeze on Giga Berlin building, forest clearing can resume

The Berlin Higher Administrative Court (OVG Berlin-Brandenburg) has dismissed complaints against Tesla’s European Gigafactory construction project, Giga Berlin. This means...

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What secrets? Apple embroiled in row over book by German former exec

Apple AAPL.O has become embroiled in a publishing row in Germany after it tried to halt sales of a book...

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Apple may miss mass production schedule for new, cheaper iPhone -Nikkei

Apple Inc will likely miss its schedule for mass producing a more affordable iPhone that it had planned to release...

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CRTC hearings could open door to mobile disrupters — and possibly cheaper cellphone rates

Canadians love to talk about their cellphone bills, and today the country's telecommunications regulator will jump into that conversation as...

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Telus issues challenge to Ottawa with its decision to use Huawei 5G, tech expert says

Telus Corp. is “throwing down the gauntlet” by using Huawei to build its 5G network as the federal government considers...

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Canadian government awards $3 million to three firms to cut plastic food, construction waste

Canada’s federal government is giving $1 million each to three companies developing technologies to address plastic waste from food packaging...

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Telus plans rollout of 5G network using Huawei technology

Telecommunications company Telus Corp. says it is planning to roll out its 5G network in the near future using some...

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FIVE CANADIAN COMPANIES SELECTED FOR LATEST 500 STARTUPS SEED PROGRAM

500 Startups has announced the 29 companies accepted into Batch 26 of its seed program, and five Canadian companies are among them....

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Apple to reopen some stores in Beijing on February 14: website

Apple (NASDAQ:AAPL) will reopen some stores in Beijing on Feb. 14 with reduced operating hours, it said on its website...

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The world is on the verge of something big with AI, and Canada could be a leader

In Machines Like Me, Ian McEwan imagines a world in which humanoids powered by artificial intelligence are on the verge...

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CANADA: Virtual healthcare lacking in Canada, task force says

Canadians are making unnecessary visits to their doctors' offices and hospitals as the public health-care system lags behind other countries...

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Canada should take pride in its world leadership in network superiority

On the eve of 5G, Canadians should be justifiably proud to have the fastest and highest quality networks on the...

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U.S. regulators expand antitrust probe into 5 giant tech companies

Federal regulators are ramping up their investigation of the market dominance of five giant tech companies, demanding detailed information on...

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Majority of Canadians don't want Huawei involved in 5G build-out: survey

As the federal government moves closer to a decision on whether Chinese telecommunications giant Huawei should help build out Canada’s...

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TODAY IN ACQUISITIONS: MCLOUD, CONVERGE TECHNOLOGY SOLUTIONS

Over the past week, two Canadian companies have made acquisitions of companies across North America. Here’s the latest on Canada’s...

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Use of facial recognition technology by police growing in Canada, as privacy laws lag

Canadian privacy advocates are calling on all levels of government to create specific regulations around police use of facial recognition...

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CERIDIAN PLANS TO HIRE 2,000 EMPLOYEES ACROSS CANADA OVER FIVE YEAR PERIOD

Ceridian, a global human capital management technology company, has committed to hiring 400 new employees in Canada this year, as...

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Bell chooses Nokia as ‘first’ 5G network supplier, awaits Huawei decision

Bell has decided not to let the federal government’s long-pending decision on allowing carriers here to use Huawei equipment in...

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SoftBank-backed Fair puts the brakes on weekly car rentals for Uber drivers

When Fair laid off 40% of its staff in October, CEO Scott Painter promised it wasn’t shuttering leasing services to...

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Google expands Canadian footprint with new jobs in Toronto, Montreal and Waterloo

Google is upping its Canadian presence with a plan to open three new offices, giving it enough space to accommodate...

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Two Edmonton-based startups selected by NASA to showcase their space-ready innovations

Two Edmonton-based tech companies are hoping to prove their inventions are out of this world and ready for lift-off into...

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LIGHTSPEED PARTNERS WITH STRIPE, LAUNCHES PAYMENT PRODUCT ACROSS NORTH AMERICA

Lightspeed POS is partnering with global payments platform Stripe as part of the extended launch of its own payments product....

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Here’s what to expect from Mobile World Congress 2020

With Mobile World Congress (MWC) drawing near, we’ve prepared a comprehensive ‘what to expect’ guide for the event. For those...

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The 2020 Narwhal List Shows Great Progress for Canada's Tech Industry

The 2020 edition of the Narwhal List was released today, revealing another remarkable year for Canadian technology companies that have...

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Tesla tops US$900 in parabolic surge, spurring analyst downgrade

Tesla Inc.’s parabolic surge above US$900 a share on Tuesday drew New Street Research analysts to downgrade the stock to...

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Avaya’s installed base was ‘ripe for the picking’ last year, but that’s no longer the case, says CEO

There’s no bigger target than Avaya and its 100 million seats in the business communications market, and during the Avaya...

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Aecon buying Winnipeg-based Voltage Power for $30 million

Aecon Group Inc. has signed a deal to acquire Voltage Power, an electrical transmission and substation contractor based in Winnipeg....

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EIGHT PRAIRIE STARTUPS TO WATCH IN 2020

In 2019, I put together the first Prairie Startups to Watch article for BetaKit. Last year was a great year...

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TODAY IN COHORTS: VENTURELAB, CLIMATE VENTURES

Markham-based tech hub VentureLAB has announced the first cohort in its Hardware Catalyst Initiative (HCI), a hardware and silicon-focused lab...

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Tech stocks offer risk and reward

Investing in the diverse and rapidly growing technology sector can be rewarding. It also can be risky. Your role as...

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RANGLE MAKES SECOND SIGNIFICANT STAFF REDUCTION IN LESS THAN A YEAR

According to statements publicly made on social media by former employees, approximately 40 Rangle employees were recently let go across...

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CONSUMER PEER-TO-PEER LENDING PLATFORM GOPEER RECEIVES APPROVAL FROM SECURITIES REGULATORS

Toronto-based goPeer, a peer-to-peer (P2P) lending platform for consumer loans, has received regulatory approval, allowing it to operate in Ontario...

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The Canadian tech company that bucked the trend in IPOs’ year of disaster

Listing on the public markets isn’t exactly fashionable these days, with many tech firms opting to avoid the scrutiny by...

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ESG: Principles for a sustainable battery value chain

With the rising importance of batteries in reducing the world’s carbon footprint, the Global Battery Alliance has designed 10 guiding...

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Canada studying U.K.'s decision to grant Huawei partial access to 5G network

Britain is granting Huawei partial access to its next-generation wireless network, but it still considers the Chinese telecom company a...

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Facial recognition technology poses ‘enormous’ potential for abuse, NDP says

Canadian police agencies' use of cutting-edge facial recognition technology presents "enormous" potential for abuse, the opposition New Democrats say....

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Shopify to open Vancouver office, hire 1,000 employees

Canadian tech giant Shopify Inc. (TSX:SHOP) has set its sights westward with plans to open a permanent office in downtown...

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Researchers find open Microsoft database with 250 million support records

Configuration mistakes by staff can be a huge embarrassment to organizations, defeating even the biggest IT security budget...

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Increasing electric vehicle sales not complicated, says Norway's deputy environment minister

More than 40 per cent of new vehicles sold in Norway are powered by electricity, not gas, and the country's...

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Toronto Employment Survey shows city's tech sector continues to boom

Toronto’s tech sector is continuing its boom, according to the city’s 2019 Employment Survey results....

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Tech consortium invests $25 million into four University of Victoria research projects

The Digital Technology Supercluster, an industry-led consortium aiming to position Canada as a global leader in digital technologies, invested $2...

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Elon Musk set to cash in at Tesla as deliveries and shares soar

One of the options on a fully loaded Tesla is “ludicrous mode”, a setting offering a 0-60mph acceleration time of...

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Big Tech is worth over $5 trillion now that Alphabet has joined the four comma club

Even as regulators bear down on the top technology companies and some lawmakers seek to break them up, Big Tech...

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Has this eastern Ontario startup created the firefighting product of the future?

As Quincy Emmons and Zackery Hodgen watch the out-of-control bush fires burning in Australia, the two eastern Ontario firefighters believe...

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14 CANADIAN STARTUPS RECEIVE $46.3 MILLION FROM SUSTAINABLE DEVELOPMENT TECHNOLOGY CANADA

E-Zn, Xanadu, Pyrowave, and SomaDetect are among the 14 Canadian startups receiving a cumulative $46.3 million investment from Sustainable Development Technology Canada...

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BlackBerry led Canadian tech firms in U.S. patent grants last year

BlackBerry Ltd. beefed up its patent portfolio last year, leading a list of Canadian technology companies that received new patents...

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Sidewalk Labs looking to add Google's Canadian headquarters into Toronto development

Sidewalk Labs LLC, the urban-innovation unit of Alphabet Inc., is looking for ways to incorporate Google’s Canadian headquarters into its...

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The 10 Best Performing TSX Tech Stocks of 2019

2019 was another good year for Canadian tech stocks, something that could be said since about 2012. No, the sector...

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The Most Important Autonomous Car Announcement at CES

CES is the show I look forward to returning from, and the primary reason is that getting around Las Vegas...

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Tesla surges above $500, leaving analyst targets in the dust

Tesla Inc. shares rose above US$500 for the first time on Monday as Wall Street analysts played catch-up with the...

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Teslas still go much farther on a single charge than their competitors. But the strategy carries risks

Tesla’s long-range Model S promises to drive roughly 575 kilometres without stopping for a charge — about the distance from...

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Private is the new public: The problem with tech stars chasing private money as they don’t file IPOs

As many as 15 to 25 Canadian companies are reaching the size considered the threshold to list on a major...

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All-Canadian concept car to demonstrate national ZEV production capabilities

The Automotive Parts Manufacturer’s Association’s Project Arrow will display the full extent of innovative Canadian automotive technology in a concept...

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Google quietly expands in New York in wake of Amazon's stumble

TECHNOLOGY Real Estate Company News News Wire 3h ago Google quietly expands in New York in wake of Amazon's stumble...

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Facebook again declines to limit targeted political ads, announces transparency features

Facebook has decided not to limit how political ads can be targeted to specific groups of people, as its main...

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Could Atlantic Canada lead the tech revolution for natural resources?

It can’t be done here. For decades, that’s what sceptics would say as they quietly doubted plans to create a...

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