Linux Association of Canada launches national open-source library

BetaKit - Thu, 06/04/2026 - 14:41

Library hopes to provide access to open-source software developed mainly in Canada.

The post Linux Association of Canada launches national open-source library first appeared on BetaKit.

Categories: Technology news

Strong display of the northern lights is possible across Canada tonight

Technology news (CBC) - Thu, 06/04/2026 - 12:56

Canadians could be in for another beautiful display of the northern lights tonight, as the sun unleashed several fast-moving particles in the Earth's direction over the past couple of days.

Categories: Technology news

Canada’s AI strategy contains $2.3 billion in spending but few details on new privacy regulations

BetaKit - Thu, 06/04/2026 - 11:23

Delayed strategy promises plan to encourage Canadians to reinvest tech investment gains in AI startups.

The post Canada’s AI strategy contains $2.3 billion in spending but few details on new privacy regulations first appeared on BetaKit.

Categories: Technology news

Buy Merlin Labs for a double, this analyst says

Can Tech - Thu, 06/04/2026 - 08:39
Roth Capital Partners analyst Suji Desilva says Merlin Labs (Merlin Labs Stock Quote, Chart, News, Analysts, Financials NASDAQ:MRLN) is positioned for the aviation autonomy market, with early revenue visibility from major military program wins. In a June 2  report, Desilva maintained his “Buy” rating and $15.00 target on Merlin Labs following a series of investor […]

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HubSpot can go much higher, this investor says

Can Tech - Thu, 06/04/2026 - 08:31
Linde Equity Fund’s Teal Linde says HubSpot (Hubspot Stock Quote, Chart, News, Analysts, Financials NYSE:HUBS) still has upside despite a sharp one-day move higher, arguing the software company remains well below previous levels and is positioned to benefit from AI-driven pricing changes. Speaking on BNN Bloomberg’s Market Call on June 1, Linde joked that he […]

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Data Communications Management is undervalued, this analyst says

Can Tech - Thu, 06/04/2026 - 08:22
Clarus Securities analyst Noel Atkinson says a new labour agreement at Canada Post removes a recent revenue headwind for Data Communications Management (Data Communications Management Stock Quote, Chart, News, Analysts, Financials TSX:DCM). In a June 2 update, Atkinson maintained his “Buy” rating and $3.25 target on DCM. He said his target is unchanged and is […]

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Cohere says it is not working with Palantir

BetaKit - Thu, 06/04/2026 - 07:00

Toronto AI company says it has no relationship with US firm, despite reports of a partnership.

The post Cohere says it is not working with Palantir first appeared on BetaKit.

Categories: Technology news

Scispot closes $8-million USD Series A to become the operating layer for life sciences labs

BetaKit - Thu, 06/04/2026 - 06:00

Singh brothers aim to provide the infrastructure to power self-driving labs.

The post Scispot closes $8-million USD Series A to become the operating layer for life sciences labs first appeared on BetaKit.

Categories: Technology news

Emaciated grey whales washing up on B.C. beaches 'canary in coal mine,' researcher warns

Technology news (CBC) - Wed, 06/03/2026 - 20:28

Two more grey whales have washed up in B.C., with researchers and experts both warning the province is on pace for a record breaking year.

Categories: Technology news

Fighting a cold? A meal gives your immune cells an immediate boost

Technology news (CBC) - Wed, 06/03/2026 - 16:33

Experiments in humans and mice suggest that certain white blood cells, known as T-cells, may respond to infections more effectively after a meal. The research calls into question the notion of "starve a fever, feed a cold."

Categories: Technology news

SR&ED season is here. How to claim the hours you actually worked

BetaKit - Wed, 06/03/2026 - 13:43

Canada’s biggest R&D tax credit comes down to producing a clear record of work.

The post SR&ED season is here. How to claim the hours you actually worked first appeared on BetaKit.

Categories: Technology news

Calgary’s SensorUp closes growth financing led by Pender Ventures

BetaKit - Wed, 06/03/2026 - 13:10

Financing will go toward scaling SensorUP’s agentic operations platform.

The post Calgary’s SensorUp closes growth financing led by Pender Ventures first appeared on BetaKit.

Categories: Technology news

Shopify ups share buyback program as activist investors question AI policies

BetaKit - Wed, 06/03/2026 - 12:20

Canadian e-commerce giant’s stock price is down nearly 27 percent since the beginning of the year. 

The post Shopify ups share buyback program as activist investors question AI policies first appeared on BetaKit.

Categories: Technology news

Q&A: Why cleantech might not be as clean as it seems

BetaKit - Wed, 06/03/2026 - 11:34

Journalist and author Vince Beiser on the environmental challenges facing the race for critical minerals.

The post Q&A: Why cleantech might not be as clean as it seems first appeared on BetaKit.

Categories: Technology news

Is Elevate Service Group still a buy?

Can Tech - Wed, 06/03/2026 - 10:39
Beacon Securities analyst Donangelo Volpe says Elevate Service Group’s (Elevate Service Group Stock Quote, Chart, News, Analysts, Financials TSXV:SERV) first quarter was below expectations, but he continues to see the company’s consolidation strategy building toward a larger and more profitable platform. In a June 2 report, Volpe maintained his “Buy” rating and $4.00 target on […]

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This analyst just raised his target on D-Wave to $40.00

Can Tech - Wed, 06/03/2026 - 09:31
Roth Capital Partners analyst Suji Desilva says D-Wave Quantum’s (D-Wave Quantum Stock Quote, Chart, News, Analysts, Financials NYSE:QBTS) first investor analyst day strengthened his confidence in the company’s competitive position and growth outlook. In a June 1 report, Desilva maintained his “Buy” rating on D-Wave and raised his target price to $40.00 from $30.00 Desilva […]

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Firefly Aerospace has a “significant” opportunity, this analyst says

Can Tech - Wed, 06/03/2026 - 08:55
Roth Capital Partners analyst Suji Desilva says Firefly Aerospace’s (Firefly Aerospace Stock Quote, Chart, News, Analysts, Financials NASDAQ:FLY) latest equity financing strengthens the company’s ability to execute on its space and defence strategy. In a June 2 update, Desilva maintained his “Buy” rating and $60.00 price target on Firefly after the company completed a follow-on […]

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Stifel raises price target on WELL Health Technologies

Can Tech - Wed, 06/03/2026 - 07:49
Stifel analyst Justin Keywood says WELL Health Technologies’ (WELL Health Technologies Stock Quote, Chart, News, Analysts, Financials TSX:WELL) $160-million imaging-clinic acquisition expands its leading market position and should create room for efficiencies. In a June 2 update, Keywood maintained his “buy” rating on WELL and raised his target to $8.25 from $8.00. WELL announced the […]

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Categories: Technology news

AI agents lag far behind human workers. Why are tech companies laying off the humans?

Technology news (CBC) - Wed, 06/03/2026 - 04:00

AI-related layoffs are in full swing as tech companies invest in artificial intelligence agents they say will take over tasks traditionally done by humans. But a major AI infrastructure and software company says the agents fail to produce professionally acceptable work more than 19 times out of 20, and some analysts say the technology is overhyped and being using as an excuse for laying off workers.

Categories: Technology news

Canada endorses plan to send remaining Marineland belugas to Spain, across U.S.

Technology news (CBC) - Wed, 06/03/2026 - 04:00

The Department of Fisheries and Oceans Canada has endorsed a rescue plan that would see all of Marineland's remaining beluga whales split up and sent to Oceanogràfic València in Spain or one of four U.S. locations.

Categories: Technology news

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