News
Canadian government pledges $15 million to create AI centre in Montréal
Canadian government pledges $15 million to create AI centre in…
Texas local government refuses to pay up to ransomware attack
Texas local government refuses to pay up to ransomware attack…
Canadian CanCode program hands out $12.4 million
Canadian CanCode program has provided $12.4 million to 21 different…
Canadian Government invests in new data storage and network tech
Canadian Government invests in new data storage and network tech…
Data breaches cost companies 20% of their sales revenue forever
Data breaches cost companies 20% of their sales revenue forever…
Huawei challenges US tech sector with first AI release
Chinese telecom giant, Huawei, has publicized it’s very first AI…
Headlines
Kognitiv Spark – the new reality for industry
Canadian company, Kognitiv Spark, provides industrial augmented reality (AR) task support software. Built for the Microsoft HoloLens, their RemoteSpark platform uses proprietary software technology to deliver an AR solution for remote support to industrial workforces. The UK’s premier software testing publication, TEST Magazine, caught up with Kognitiv Spark’s co-founder &…
TEST Magazine
Product news
Developers leave Adobe Flash before its 2020 final date
Developers leave Adobe Flash before its 2020 final date Adobe…
Teranet launches competitive intelligence tool for Ontario mortgage market
Teranet launches competitive intelligence tool for Ontario mortgage market Teranet…
Lone Wolf Technologies introduces Link to transform real estate transactions
Real estate’s first two-way transaction management and back office integration…
Government funds sailing plan app to support boaters’ safety
The minister of public safety and emergency preparedness, Ralph Goodale,…
Canadian company achieves Microsoft PowerApps certification
Canadian company, PowerObjects, has achieved Microsoft PowerApps certification – becoming the…
Huawei and city of Gelsenkirchen sign deal to deliver services
Huawei and the German city of Gelsenkirchen have signed a…
Security
Capital One staff raised concerns over security before breach happened
Staff at Capital One say they warned of their worry…
Desjardins spent $70M after data breach
Canadian money lender, Desjardins group, announced earlier this week that…
WhatsApp flaw allows messages to be manipulated
Researchers revealed a new tool that has exposed a flaw…
US companies targeted by fake NCEES emails
Spear phishing emails impersonating members of the US-based engineering licensing…
Capital One data breach exposed details of “100 million individuals”
One of the United State’s biggest financial corporations has exposed…
Huawei to learn if it can use Android OS in future phones
Huawei to learn if it can use Android OS in…
Finance
Montreal’s Mnubo acquired by Aspen Technology for $102m
Montreal’s IoT leader, Mnubo, acquired by US-based Aspen Technology for $102m CAD Montreal-based Mnubo has been acquired by Massachusetts’ Aspen Technology, a maker of optimization software. This comes 18 months after Mnubo raised $16.5m in a series B round of investing. The acquisition transaction is valued at CAD $102m. Aspen…
Digital Finance Institute releases Top 50 Women in FinTech list
The Digital Finance Institute has released their Top 50 Women in FinTech list featuring the top 50 women disrupting financial services through technology in Canada. The top 50 were selected from over 400 recommendations to the Digital Finance Institute by industry stakeholders during the institute’s outreach phase. Ellis Odynn, the…
Canadian software firm Corel acquired for $1.3bn by private equity firm
Canadian software firm Corel acquired for $1.3bn by private equity firm The Ottawa-based software firm, Corel Corp. has been acquired by global investment firm KKR & Co. Inc., for reportedly over $1 billion USD, although the final sale price has not been confirmed publicly. Back in May, it was reported…
Quadriga CEO stole money says Ernst & Young report
Perhaps unsurprisingly to anyone following the case, according to the latest report by Ernst & Young auditors, Gerald Cotten, the ‘deceased’ Quadriga CX CEO, had created a number of fake accounts on his Canadian cryptocurrency exchange, containing non-existent balances, and then used those accounts to buy his customers’ cryptocurrency. He…
Public Sector
Waterloo.ai gains $270k funding from Microsoft
Microsoft has announced a partnership with the University of Waterloo’s Artificial Intelligence Institute (Waterloo.ai), to include funding for one year with the potential to extend based on success. The partnership with Waterloo.ai will provide $270,000 USD in funding for eight projects that Waterloo.ai proposed to Microsoft, as part of Microsoft’s…
Canada Business App will help businesses easily interact with government
Canada Business App will help businesses easily interact with government The government of Canada has launched a new app to help businesses easily interact with federal government programs and services. The Honourable Mary Ng, minister of small business and export promotion, was in Markham, Ontario, to meet with small business…
Russian MPs approve “sovereign internet” bill
Russian lawmakers on Thursday (April.11th) approved a bill in a second key reading that would allow Moscow to disconnect the country’s internet traffic from foreign servers, according to the Guardian. Lawmakers in the State Duma, parliament’s lower house, voted 320 to 15 to pass the proposed legislation. If the proposal…
US proposes Algorithmic Accountability Act to stamp out bias in tech firms
US lawmakers proposed a new bill on Wednesday that would require large tech firms to remove any algorithm bias embedded in their computer systems. The bill, entitled the Algorithmic Accountability Act of 2019, would authorise the Federal Trade Commission to create regulations requiring companies to assess their systems for race,…
Manufacturing
