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Semtech Corp. buying B.C.-based Sierra Wireless for US$1.2 billion

VANCOUVER — Semtech Corp. says it's buying Vancouver-based Sierra Wireless in an all-cash deal that values the cellular technology provider at US$1.2 billion.
August streaming picks: Ron Howard's cave rescue drama, an explosive Woodstock doc

August streaming picks: Ron Howard's cave rescue drama, an explosive Woodstock doc

A roundup of some must-see TV series and films premiering on subscription streaming platforms in August: “Thirteen Lives” “Apollo 13” director Ron Howard brings his methodical, nail-biting style to another real-life story that captivated the world.

'We grew our headcount too quickly': Michele Romanow’s Clearco lays off 25% of staff

Michele Romanow’s startup Clearco is laying off 25 per cent of its workforce and says it is considering “strategic options” for its international operations.
Shopify posts Q2 loss of US$1.2 billion, a day after laying off 10% of staff

Shopify posts Q2 loss of US$1.2 billion, a day after laying off 10% of staff

Shopify Inc.'s president is arguing the company is in an "enviable" position, even as it continues to express regret over misjudging the growth of the e-commerce market — a move that forced a dramatic number of job cuts Tuesday.
'I got this wrong:' Shopify CEO announces plan to lay off 10 per cent of staff

'I got this wrong:' Shopify CEO announces plan to lay off 10 per cent of staff

Canadian tech giant Shopify Inc.'s share price fell by more than 14 per cent Tuesday after revealing it will lay off 10 per cent of its workforce because the company misjudged the growth of the e-commerce sector.
Startups grapple with raising funds amid tech downturn, fall in valuations

Startups grapple with raising funds amid tech downturn, fall in valuations

TORONTO — Jonathan Hillis is on the hunt for money. Over the next few months, the Toronto entrepreneur wants to raise a $1 million pre-seed round for Payd, a student card app he founded, followed by a seed round between $3 million and $4 million.
Canadian tech talent still in demand, despite layoffs and recession predictions

Canadian tech talent still in demand, despite layoffs and recession predictions

TORONTO — Thousands of tech workers started hunting for new jobs as layoffs rippled across the industry in recent weeks, but many say these workers won't be on the market long.
The Weeknd show postponed as Toronto stadium disabled by Rogers outage

The Weeknd show postponed as Toronto stadium disabled by Rogers outage

TORONTO — Thousands of fans were disappointed and dejected on Friday as they arrived at the Rogers Centre to learn the highly anticipated start of The Weeknd's world tour in his Toronto hometown was sidelined thanks to the nationwide Rogers network o
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