National Newswatch

Square brings new checkout device to Canada as competition in sector increases

Aug 8 2019 — Ian Bickis, The Canadian Press — TORONTO — Canadian checkout counters could soon look quite different as a Silicon Valley giant looks to shake up the retail payment space — dominated by the ubiquitous grey terminal —with a new option introduced Thursday.   Square Inc., which started about a decade ago with a smartphone-based credit card scanner used mainly by small businesses, has launched a device in Canada aimed at disrupting […]

Tim Hortons bets future growth on trends and innovation in competitive market

Aug 2 2019 — Ian Bickis, The Canadian Press — TORONTO — Shares in Restaurant Brands International Inc. soared Friday as the company reported strong second-quarter earnings that widely exceeded analysts' expectations. The parent company of Tim Hortons says its rapid adoption of new tastes and technologies is helping drive sales growth across its more than 26,000 restaurants globally. Restaurant Brands International Inc., which is also […]

Shopify to accelerate fulfilment rollout on strong demand, shares up on results

Aug 1 2019 — Ian Bickis, The Canadian Press — TORONTO — Shopify Inc. said Thursday it has had a better-than-expected response for its proposed technology-enabled logistics network as it pushes to offer merchants a more complete alternative to online retail giant Amazon. The Ottawa-based e-commerce logistics company beat earnings expectations in its second quarter, as revenue jumped 48 per cent from the comparable quarter in 2018 to reach US$361.9 million. It said it will accelerate […]

Capital One breach the latest example of the growing risk of data hacks

Jul 31 2019 — Ian Bickis, The Canadian Press — TORONTO — This week's massive Capital One data breach is the latest in a string of cyberattacks that experts say are becoming larger and more frequent, as corporations hold more personal data in online repositories that are a treasure trove for hackers. "There's definitely a rise in personal data theft, there's a rise in data breaches," said Claudiu Popa, a cybersecurity expert with Datarisk Canada. The Capital One breach […]

Taking stock of your stocks amid record highs and an unprecedented economic run

Jul 25 2019 — Ian Bickis, The Canadian Press — TORONTO — North American stock markets have hit record highs as the longest-ever U.S. bull market stretches past a decade, prompting some investors to question when the run will come to its inevitable end and what effect that might have on their portfolios.  Timing such a market shift can be little more than guesswork, but investors should remember that a downturn is […]

Users of popular FaceApp should be wary of terms of use, experts say

Jul 17 2019 — Ian Bickis, The Canadian Press — TORONTO — A flood of pictures on social media of computer-aged celebrities, including Drake and Stephen Colbert, has boosted the popularity of the "FaceApp Challenge," but also has privacy experts raising concerns about the image-altering service's expansive terms of use. The app, which offers a range of facial image manipulations from adding facial hair to changing genders and age, has terms of use that include granting the rights to reproduce, modify, publish and share photos and […]

Sidewalk releases grand vision for controversial Toronto development

Jun 24 2019 — Ian Bickis, The Canadian Press — TORONTO — Sidewalk Labs laid out its ambitious vision of the future of cities with its plan for Toronto's eastern waterfront, but has already received fresh criticism for its potential overreach. The plan sets out what Sidewalk Labs, a subsidiary of Google parent-company Alphabet Inc., hopes will be a blueprint for urban development that will incorporate the latest concepts in […]

Sidewalk releases grand vision for controversial Toronto development

Jun 24 2019 — Ian Bickis, The Canadian Press — TORONTO — Sidewalk Labs laid out its ambitious vision of the future of cities with its plan for Toronto's eastern waterfront, but has already received fresh criticism for its potential overreach. The plan sets out what Sidewalk Labs, a subsidiary of Google parent-company Alphabet Inc., hopes will be a blueprint for urban development that will incorporate the latest concepts in […]

Shopify to open U.S. fulfilment centres as part of expanded offerings

Jun 19 2019 — Ian Bickis, The Canadian Press — TORONTO — Shopify Inc. has launched a network of fulfilment centres in the United States to expand its suite of offerings for merchants in the competitive world of online retail. The network will allow merchants large and small to gain access to advanced logistics technology and simplified warehousing and shipping, chief product officer Craig Miller said. "We've […]

Employers take flexible approach to Raptors parade as huge numbers head downtown

Jun 17 2019 — Ian Bickis, The Canadian Press — TORONTO — The massive response to the Toronto Raptors NBA championship parade has led numerous major employers to take a more flexible approach to work Monday. Sobeys Inc., an official partner of the Raptors, says it offered about 900 employees in the Greater Toronto Area a paid day off to watch the parade, while also hosting viewing parties for employees across […]

Venture capitalist Roger McNamee calls for end to Sidewalk Labs development

Jun 5 2019 — Ian Bickis, The Canadian Press — TORONTO — A prominent technology investor is adding his voice to those calling on Toronto to abandon the proposed Sidewalk Labs development on the city's waterfront.  Venture capitalist Roger McNamee, who was an early investor in Facebook and other technology giants, writes in a letter to Toronto's city council executive committee ahead of a Thursday meeting that […]

Venture capitalist Roger McNamee calls for end to Sidewalk Labs development

Jun 5 2019 — Ian Bickis, The Canadian Press — TORONTO — A prominent technology investor is adding his voice to those calling on Toronto to abandon the proposed Sidewalk Labs development on the city's waterfront.  Venture capitalist Roger McNamee, who was an early investor in Facebook and other technology giants, writes in a letter to Toronto's city council executive committee ahead of a Thursday meeting that […]