Tag Archives: Tech

White House blames YouTube, Facebook for spread of COVID-19 vaccine misinformation – National

The White House has YouTube, not just Facebook, on its list of social media platforms officials say are responsible for an alarming spread of misinformation about COVID-19 vaccines and are not doing enough to stop it, sources familiar with the administration’s thinking said. The criticism comes just a week after President Joe Biden called […]

Facebook, other tech giants look to expand crackdown on extremist content – National

A counterterrorism organization formed by some of the biggest U.S. tech companies including Facebook and Microsoft is significantly expanding the types of extremist content shared between firms in a key database, aiming to crack down on material from white supremacists and far-right militias, the group told Reuters. Until now, the Global Internet Forum to […]

Amazon denies reports that it may accept bitcoin as payment by end of 2021 – National

Amazon.com Inc on Monday denied a media report saying the e-commerce giant was looking to accept bitcoin payments by the end of the year. The report from London’s City A.M. newspaper, citing an unnamed “insider,” sent the world’s biggest cryptocurrency up as much as 14.5 per cent before it trimmed gains to last trade […]

Facebook records double profit in Q2 thanks to online ad sales – National

Facebook doubled its profit in the second quarter thanks to a massive increase in advertising revenue, especially the average price of ads it delivers to its nearly 3 billion users. But the company said it doesn’t expect revenue to continue to grow at such a breakneck pace in the second half of the year. […]

Canada’s cyber security chief shifts focus to developing COVID-19 vaccine passport – National

One of the country’s leading voices on cyber security is shifting focus to take on a new role developing the COVID-19 vaccine passport that Canadians will be able to use for travelling abroad. Scott Jones, who has been a familiar voice weighing in on the risks of recent high-profile hacks and ransomware attacks, is […]

Feds say $8.9B raised from Canadian telecom auction for licenses in 5G wireless spectrum – National

The federal government raised $8.9 billion in a licence auction for a key band of 5G wireless spectrum in results announced after the close of markets Thursday. Canada’s Big Three wireless companies led the pack, grabbing hundreds of licences for the 3,500 MHz band of airwaves. The 3,500-megahertz band of spectrum will be important […]

Canadian tech giant Shopify hits $1B in quarterly revenue for the first time

Canadian tech darling Shopify hit a milestone Wednesday, announcing it has crossed $1 billion in revenues for the first time in the e-commerce company’s history. Ottawa-born Shopify, which keeps its books in U.S. dollars, recorded total sales of $1.12 billion in the second quarter of its fiscal year, up 57 per cent year-over-year. The […]

Apple, Alphabet, Microsoft report over $50B in profit combined for Q2 2021 – National

Three tech companies — Apple, Microsoft and Google-owner Alphabet — reported combined profits of more than $50 billion in the April-June quarter, underscoring their unparalleled influence and success at reshaping the way we live. Although these companies make their money in different ways, the results served as another reminder of the clout they wield […]

Why NFTs are taking the art and sport worlds by storm – National

What do Grimes, Taco Bell and the third most valuable living artist on earth have in common? They’re part of a growing list of celebrities and companies that have sold NFTs — non-fungible tokens, which are the latest investment craze. Canadian musician Grimes recently sold US$5.8 million worth of digital art as NFTs. Earlier […]

Microsoft rolls back system update after thousands report issues with Teams app – National

Microsoft Corp said on Monday it was rolling back a recent change to its authentication system after the update caused access issues that affected thousands of users of its services, including workplace messaging app Teams. Outage tracking website Downdetector.com showed that more than 26,000 people had reported issues with Teams, while over 3,000 users […]