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Tech company Hootsuite lays off 7% of staff, names Irina Novoselsky new CEO

Tech company Hootsuite lays off 7% of staff, names Irina Novoselsky new CEO

VANCOUVER — Social media technology company Hootsuite Inc. is laying off seven per cent of its staff in its third job cut in the last year.
Shareholder Luxor Capital Goup opposes Ritchie Bros. deal to buy IAA

Shareholder Luxor Capital Goup opposes Ritchie Bros. deal to buy IAA

Microsoft cuts 10,000 jobs, about 5% of global workforce

Microsoft cuts 10,000 jobs, about 5% of global workforce

Microsoft is cutting 10,000 workers, almost 5% of its workforce, in response to “macroeconomic conditions and changing customer priorities.
BDC leads US$50M funding round for Calgary-based lithium company

BDC leads US$50M funding round for Calgary-based lithium company

CALGARY — A new fund launched in November by the Business Development Bank of Canada to help foster the growth of homegrown climate technology has made its largest investment yet.
Ballard to co-develop zero emission mine truck in India

Ballard to co-develop zero emission mine truck in India

Ballard, Adani Enterprises, Ashok Leyland partner up on fuel cell mine truck
House of Commons committee plans to take another look at updated Rogers-Shaw deal

House of Commons committee plans to take another look at updated Rogers-Shaw deal

OTTAWA — The House of Commons industry and technology committee is planning to initiate another study of the proposed Rogers-Shaw merger.
Why are there so many cyberattacks lately? An explainer on the rising trend

Why are there so many cyberattacks lately? An explainer on the rising trend

TORONTO — A wave of high-profile cyberattacks has recently hit hospitals, businesses and organizations in Ontario, including the LCBO this week and Toronto's Hospital for Sick Children and Scouts Canada in December.
Shaw sees revenue, income decline in first quarter of fiscal 2023

Shaw sees revenue, income decline in first quarter of fiscal 2023

CALGARY — Shaw Communications Inc. says revenue for its first quarter ended Nov. 30, 2022 saw revenue decrease by 1.2 per cent year over year. The Calgary-based company says net income for the quarter was down 14.
General Fusion demo plant gets municipal approval in U.K.

General Fusion demo plant gets municipal approval in U.K.

General Fusion aims to commission new fusion machine in U.K. in 2026
How technology used by NASA on Mars could reduce emissions from Canada's oilsands

How technology used by NASA on Mars could reduce emissions from Canada's oilsands

CALGARY — The same technology used to search for signs of ancient life on Mars could be key to reducing greenhouse gas emissions from the Canadian oilsands.