Is Ubisoft Hurting Canadian Tech Businesses?

National Post, a Canadian newspaper, as well as La Press, Montreal based French newspaper, recently published an op-ed piece about why they think Ubisoft is taking away talent from other tech firms across Canada. Here is a short summary. Ubisoft has generated over $2.6 billion dollars in revenues last year, and is currently employing over … Continue reading Is Ubisoft Hurting Canadian Tech Businesses?

Nova Scotia Crypto-Exchange Can’t Pay Investors $250m after its CEO’s Death

Canadian firm Quadriga CX based in Nova Scotia says it will not be able to pay its customers and investors the $250m because its CEO, Gerald Cotten, died while on a trip to India. The company says Cotten was the only one who knew the passwords and security keys to the company's funds. The Supreme … Continue reading Nova Scotia Crypto-Exchange Can’t Pay Investors $250m after its CEO’s Death

Toronto Beats Out Seattle to Be One of the World’s Best Tech City

According to the new study conducted by Savills, real estate property management firm, New York City is the Word's #1 Tech City. Amazon had a good hunch when they decided to open HQ2 there. New York did well scoring #1, while San Francisco was right behind #2, and London was #3. Savills Tech Cities index … Continue reading Toronto Beats Out Seattle to Be One of the World’s Best Tech City

Montreal Teo Electric Taxi is No More

The company that wanted to take on Uber and had government backing could not last even 3 years, as it was forced to shut down this week and their work force of about 450 drivers were let go. Dominic Becotte, interim president for Teo, said that as much as they tried the company remained unprofitable … Continue reading Montreal Teo Electric Taxi is No More

Top 40 Narwhals (2019 Best Tech Companies) in Canada

The Impact Centre, based in Toronto, publishes annual Narwhals' list of 40 great Canadian tech companies that has potential to become successful on the world stage. They look at the fundraising patterns of over 1,000 private VC-funded Canadian technology product businesses in order to product their final list. The companies on the list are weighted … Continue reading Top 40 Narwhals (2019 Best Tech Companies) in Canada

US asks Canada to Extradite Huawei’s CFO

U.S. Department of Justice said it has asked Canada to extradite Chinese Huawei's CFO Meng Wanzhou to the US. Jury has charged Huaweri as well as Meng with the following list of infractions: conspiracy to trade secrets attempted theft of trade secrets seven counts of wire fraud one count of obstruction of justice faces charges … Continue reading US asks Canada to Extradite Huawei’s CFO

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