Telecom consumers should greet recent news from the Competition Tribunal with dismay. The merger between Rogers and Shaw has cleared a critical legal hurdle, meaning that the Big Five telcos — Rogers, Bell, Shaw, Telus and Vidéotron — are one step closer to becoming the Big Four. This decision is a loss for consumers — […]
Category Archives: Technology
Patreon Inc., which helps entertainers sell their work to subscribers online, is cutting about 17 per cent of staff and closing two offices in Europe. The cuts will affect 80 employees in operations, finance and other departments, Jack Conte, the chief executive officer, wrote in a statement on Tuesday. The offices set to close are […]
Adyen, the Dutch payment services provider, is not in an easy business right now. Fintech companies, by and large, have had a gloomy 2022, with inflation and high fuel prices forcing companies to rethink their growth plan. Stripe, a competitor to Adyen, had to let 14 per cent of its staff go this year. But […]
Was there anything more revelatory about the first time you used Netflix than the fact you could watch a season all at once? Binging — once a term reserved for excess — quickly became the Netflix norm. Whether with older shows like “Friends” or then new Netflix arrivals such as “House of Cards” or “Stranger […]
MOSES LAKE, Wash. — A prototype, all-electric airplane took its first flight Tuesday morning in central Washington state. The Seattle Times reports that if the Federal Aviation Administration eventually certifies the small airplane to carry passengers, it could become the first all-electric commercial airplane. A U.S. company conducted its first test flight for an electric […]
Alphabet Inc.’s Google on Thursday said its new Pixel phones will deliver improved voice and camera features while bringing back facial recognition for unlocking the device as it seeks to better compete with Apple Inc. and Samsung Electronics Co. The company’s Pixel 7 and 7 Pro devices offer more affordable prices than the dominant duo […]
The history of capitalism is littered with products that were great, but still failed. The video format Betamax is one such famous flop: technically better than VHS, but usurped due to its lack of customer friendliness and marketing. And for a while, it seemed like Google’s Pixel smartphone line was doomed to a similar fate: […]
Twitter Inc.’s lawyers asked a Delaware court for access to correspondence between Elon Musk and federal authorities investigating him in connection with his attempt to take the social media company private. “Elon Musk is presently under investigation by federal authorities for his conduct in connection with the acquisition of Twitter,” attorneys for Potter Anderson Corroon […]
“Legs are coming soon!” That slightly baffling statement was, more than anything, what lingered after Meta’s Connect this week, an annual event from the parent company of Facebook. People were, understandably, confused. In fact, the message, tweeted from a Meta account was simply announcing that users’ digital avatars in the company’s virtual world will soon […]
Ever wondered how to get a leg-up in your career with zero connections in your field? That’s the problem Ten Thousand Coffees (10KC), a Canadian-founded networking company, wants to solve. And the company has just received a major boost of $75 million from U.S. private equity firm, Five Elms Capital — the first institutional investment […]