Ubisoft closes Winnipeg office, laying off another 65 staff

BetaKit - Fri, 06/12/2026 - 17:48

French game developer continues cost-cutting measures just months after closing Halifax office.

The post Ubisoft closes Winnipeg office, laying off another 65 staff first appeared on BetaKit.

Categories: Technology news

MDA Space, Calian, and Kepler tapped to lay groundwork for Canada’s next-gen satellite system

BetaKit - Fri, 06/12/2026 - 13:38

Companies awarded $2.4 million to develop ground systems behind RADARSAT+.

The post MDA Space, Calian, and Kepler tapped to lay groundwork for Canada’s next-gen satellite system first appeared on BetaKit.

Categories: Technology news

Osler Deal Points Report finds Canada’s venture recovery was uneven in 2025

BetaKit - Fri, 06/12/2026 - 13:00

Osler’s Calvin Leung and Justin Young unpack the financing trends founders should watch in 2026.

The post Osler Deal Points Report finds Canada’s venture recovery was uneven in 2025 first appeared on BetaKit.

Categories: Technology news

OpenAI sued by mother of Montréal woman who died by suicide

BetaKit - Fri, 06/12/2026 - 12:51

Complaint comes as Canada introduces bill that would hold chatbot providers liable for harms.

The post OpenAI sued by mother of Montréal woman who died by suicide first appeared on BetaKit.

Categories: Technology news

RBC lowers price target on Enghouse Systems

Can Tech - Fri, 06/12/2026 - 08:46
RBC Dominion Securities analyst Paul Treiber says poor sentiment toward software stocks, weak organic growth and limited capital deployment are likely to keep pressure on Enghouse Systems’ (Enghouse Systems Stock Quote, Chart, News, Analysts, Financials TSX:ENGH) valuation. As reported by the Globe and Mail, on June 11, Treiber lowered his target on Enghouse to $18.00 […]

Source

Categories: Technology news

InterDigital is a buy, this analyst says

Can Tech - Fri, 06/12/2026 - 08:30
Roth Capital Partners analyst Scott Searle says InterDigital’s (InterDigital Stock Quote, Chart, News, Analysts, Financials NASDAQ:IDCC) new patent licence agreement with Amazon is a major validation of the company’s streaming opportunity and intellectual property portfolio. In a June 10 update, Searle maintained his “Buy” rating and $425.00 target on InterDigital. InterDigital said it has entered […]

Source

Categories: Technology news

Yes, IBM is an AI play, this investor says

Can Tech - Fri, 06/12/2026 - 08:07
Black Swan Dexteritas president and portfolio manager Kim Bolton says IBM (IBM Stock Quote, Chart, News, Analysts, Financials NYSE:IBM) remains attractive despite a recent execution misstep, citing its exposure to AI and quantum computing. Speaking on BNN Bloomberg’s Market Call on June 10, Bolton said IBM may sound “a bit boring,” but the company has […]

Source

Categories: Technology news

Comox Valley residents come together to halt spread of invasive American bullfrog

Technology news (CBC) - Fri, 06/12/2026 - 08:00

A group of residents in the Comox Valley on Vancouver Island are coming together to remove invasive American bullfrogs in local lakes and water bodies, with tadpole trapping workshops starting this weekend.

Categories: Technology news

Maneva raises $27-million USD Series A to expand AI vision in manufacturing

BetaKit - Fri, 06/12/2026 - 07:00

Capital will be used to scale into North America, expand into Asian markets.

The post Maneva raises $27-million USD Series A to expand AI vision in manufacturing first appeared on BetaKit.

Categories: Technology news

Can a saliva test make UFC athletes better fighters? This Canadian startup is betting on it

BetaKit - Fri, 06/12/2026 - 06:00

Ahead of White House fight, Kintra is using AI-powered biomarkers to help fighters eke out an edge.

The post Can a saliva test make UFC athletes better fighters? This Canadian startup is betting on it first appeared on BetaKit.

Categories: Technology news

Bear wandering around with pipe stuck on head rescued by conservation officers

Technology news (CBC) - Fri, 06/12/2026 - 06:00

The B.C. Conservation Service is not sure how the yearling got its head stuck in a stove pipe, but adds it is an important reminder to call the service if you see an animal in distress.

Categories: Technology news

SpaceX kicks off wave of monster IPOs: What to know about companies going public

Technology news (CBC) - Fri, 06/12/2026 - 04:00

IPOs like SpaceX, Anthropic and OpenAI have dominated headlines lately, as a number of high-profile private companies announced they will become publicly traded firms. The hype is hard to ignore — but could these IPOs fall flat?

Categories: Technology news

Ballooning AI costs have Canadian startups weighing alternatives

BetaKit - Thu, 06/11/2026 - 16:22

Canadian startup leaders brace for more price increases to the models they rely on.

The post Ballooning AI costs have Canadian startups weighing alternatives first appeared on BetaKit.

Categories: Technology news

This analyst just raised his price target on Hammond Power Solutions

Can Tech - Thu, 06/11/2026 - 15:15
National Bank Financial analyst Baltej Sidhu says Hammond Power Solutions’ (Hammond Power Solutions Stock Quote, Chart, News, Analysts, Financials TSX:HPS.A) growth profile remains supported by energy transition and electrification demand, with data centres continuing to drive the story. As reported by the Globe and Mail, In a June 9 report, Sidhu maintained his “Outperform” rating […]

Source

Categories: Technology news

Sentinel R&D at centre of Russian accusations that Canada is a “warmonger”

BetaKit - Thu, 06/11/2026 - 13:51

Comments follow recent deal between Hamilton-based drone company and Ukraine’s Airlogix.

The post Sentinel R&D at centre of Russian accusations that Canada is a “warmonger” first appeared on BetaKit.

Categories: Technology news

El Niño is officially here, and scientists say it will be particularly strong with widespread impacts

Technology news (CBC) - Thu, 06/11/2026 - 11:49

El Niño, nature's chaotic climate agent, has formed in a warmed-up Pacific Ocean and is expected to grow to historic strength, meteorologists said Thursday.

Categories: Technology news

Elon Musk’s X continues to violate Canadian privacy law with Grok deepfakes, watchdog finds

BetaKit - Thu, 06/11/2026 - 10:57

Privacy commissioner calls for stronger powers to force xAI to comply with recommendations.

The post Elon Musk’s X continues to violate Canadian privacy law with Grok deepfakes, watchdog finds first appeared on BetaKit.

Categories: Technology news

Is Sailpoint stock still a buy?

Can Tech - Thu, 06/11/2026 - 08:58
Roth Capital Partners analyst Taz Koujalgi says SailPoint (SailPoint Stock Quote, Chart, News, Analysts, Financials NASDAQ:SAIL) delivered a good quarter, with results ahead of Street expectations, but he sees limited near-term upside after a smaller ARR beat and guidance raised largely by the amount of the beat. In a June 9 update, Koujalgi maintained his […]

Source

Categories: Technology news

When the price of oil comes down Expedia will go up, this investor says

Can Tech - Thu, 06/11/2026 - 08:49
Propellus Wealth Partners portfolio manager and senior wealth advisor Mike Vinokur says Expedia (Expedia Stock Quote, Chart, News, Analysts, Financials NASDAQ:EXPE) has the scale, relationships and brand strength to withstand potential AI disruption. Speaking on BNN Bloomberg’s Market Call on June 8, Vinokur said Expedia’s relationships across hotels, airlines, car rentals and travel providers give […]

Source

Categories: Technology news

Tornado warnings risk being ignored if issued too broadly, Manitobans say

Technology news (CBC) - Thu, 06/11/2026 - 06:00

Phones buzzed repeatedly across southern Manitoba with tornado alerts Tuesday night, even though the threat was far away for many who got the frequent alerts.

Categories: Technology news

Pages

Back to top