Why an ex-Cohere leader doesn’t want you to call his new law firm “AI-native”

BetaKit - Tue, 11/10/2026 - 12:52

Blackletter has raised $6 million USD to build a law firm on top of its AI tech.

The post Why an ex-Cohere leader doesn’t want you to call his new law firm “AI-native” first appeared on BetaKit.

Categories: Technology news

Time to sell your Lightspeed (TSX:LSPD) stock?

Can Tech - Tue, 11/10/2026 - 10:39
Lightspeed Commerce (Lightspeed Commerce Stock Quote, Chart, News, Analysts, Financials TSX:LSPD) added fewer new customer locations in its second quarter despite better-than-expected revenue, prompting ATB Cormark Capital Markets analyst Martin Toner to maintain his “Sector Perform” rating and C$18.00 target. On Nov. 6, Toner said the Montreal-based company’s cost reductions should improve profitability, but slower […]

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Should you sell your eGain stock?

Can Tech - Tue, 11/10/2026 - 10:07
On Nov. 6, Roth Capital Partners analyst Richard Baldry lowered his target on eGain  (eGain Corp. Stock Quote, Chart, News, Analysts, Financials NASDAQ:EGAN) to US$6.00 from US$7.00, saying declining revenue from older products and insufficient growth in its artificial intelligence business could put pressure on profitability through fiscal 2028. Baldry maintained his “Neutral” rating on […]

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Float appoints former BDC Capital partner Jack Fraser as FinTech’s first CFO

BetaKit - Tue, 11/10/2026 - 09:00

After investing in Float, Fraser is joining the team and returning to his operations roots.

The post Float appoints former BDC Capital partner Jack Fraser as FinTech’s first CFO first appeared on BetaKit.

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AI tax research platform Blue J raises $176-million USD Series E

BetaKit - Tue, 11/10/2026 - 08:10

Toronto-based firm valued at more than $700 million USD after growing revenue 529 percent in three years.

The post AI tax research platform Blue J raises $176-million USD Series E first appeared on BetaKit.

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VC exits show year-over-year improvement as acquisitions ramp up: CVCA report

BetaKit - Tue, 11/10/2026 - 06:00

Disclosed exit proceeds have already more than doubled compared to 2025.

The post VC exits show year-over-year improvement as acquisitions ramp up: CVCA report first appeared on BetaKit.

Categories: Technology news

A surprise baby right whale spotted near Quebec is bringing 'a lot of hope' for the species

Technology news (CBC) - Mon, 11/09/2026 - 16:50

Scientists were shocked and delighted to discover a previously unaccounted for baby right whale swimming alongside its mama off the coast of Quebec.

Categories: Technology news

Canadian tech sees promise in federal government’s 500-MW sovereign AI compute pledge

BetaKit - Mon, 11/09/2026 - 15:20

Smaller AI startups are getting crowded out in the compute race. The feds want to ensure they’re at the table.

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Bridgewater exec Karen Karniol-Tambour to lead Canada’s sovereign wealth fund

BetaKit - Mon, 11/09/2026 - 14:16

The $25-billion Canada Strong Fund could make more deals like the government’s $1.6-billion Cohere investment.

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Categories: Technology news

Aurora Cannabis shareholders should take the Organigram deal, analyst says

Can Tech - Mon, 11/09/2026 - 13:00
TD Cowen analyst Derek Lessard recommends Aurora Cannabis shareholders accept Organigram Global’s (Organigram Global Stock Quote, Chart, News, Analysts, Financials TSX:OGI) $561-million takeover offer, saying the proposed transaction provides greater certainty than a competing bid from Curaleaf while offering potential upside through ownership of the combined company. Lessard downgraded the Edmonton-based cannabis producer to “Sell” […]

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Here’s what differentiates Telesat from Starlink: analyst

Can Tech - Mon, 11/09/2026 - 12:13
Desjardins Securities analyst Jerome Dubreuil initiated coverage of Telesat (Telesat Stock Quote, Chart, News, Analysts, Financials TSX:TSAT) with a “Buy” rating and $91.00 target, saying the Ottawa-based satellite operator’s transition to low-Earth orbit could create substantial shareholder value despite significant financing and execution risks. On Nov. 5, Dubreuil said Telesat’s Lightspeed satellite network could capture […]

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Canada’s long-awaited Real-Time Rail payments system launches without Big Six banks

BetaKit - Mon, 11/09/2026 - 11:56

Under development since 2015, Wealthsimple, Koho, Bank of America, and others can now access instant payments.

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Shopify’s dominance is far from over, this analyst says

Can Tech - Mon, 11/09/2026 - 11:46
National Bank Financial analyst Doug Taylor raised his target on Shopify (Shopify Stock Quote, Chart, News, Analysts, Financials NYSE:SHOP) to US$185.00 from US$180.00, arguing that the Ottawa-based e-commerce company’s strong revenue growth outweighs near-term margin pressure following its third-quarter results. In a Nov. 5 report, Taylor maintained his “Outperform” rating, positing that the stock’s decline […]

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This is my top U.S. cannabis stock, analyst says

Can Tech - Mon, 11/09/2026 - 11:00
Green Thumb Industries (Green Thumb Industries Stock Quote, Chart, News, Analysts, Financials CSE:GTII) reported stronger-than-expected third-quarter revenue and profitability, supported by growth in both its retail and consumer packaged goods businesses, prompting Haywood Securities analyst Neal Gilmer to reaffirm the company as his top pick in the U.S. cannabis sector. Gilmer maintained his “Buy” rating […]

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Should you sell your Playtika stock?

Can Tech - Mon, 11/09/2026 - 10:07
Playtika Holding Corporation (Playtika Holding Corp Stock Quote, Chart, News, Analysts, Financials NASDAQ:PLTK) reported stronger-than-expected third-quarter profitability and ended its strategic review, concluding that remaining independent offers the best opportunity to create long-term shareholder value. On Nov. 5, Roth Capital Partners analyst Eric Handler maintained his “Neutral” rating and US$2.75 target on the Israel-based mobile […]

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CIBC’s security chief on how AI is changing cybersecurity

BetaKit - Mon, 11/09/2026 - 10:00

Joe LoBianco reveals how technology startups can make inroads with Canada’s financial institutions.

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Categories: Technology news

TD raises price target on Lumine Group to $45.00

Can Tech - Mon, 11/09/2026 - 09:52
Lumine Group’s (Lumine Group Stock Quote, Chart, News, Analysts, Financials TSXV:LMN) third-quarter revenue increased 55% as acquisitions contributed to accelerating growth, prompting TD Cowen analyst David Kwan to raise his target on the Toronto-based software company to $45.00 from $42.00 in his Nov. 5 report. Kwan maintained his “Buy” rating, arguing that stronger organic growth […]

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Budget 2026: everything, everywhere, all at once

BetaKit - Mon, 11/09/2026 - 08:00

BetaKit’s Policy Power Panel assembles to talk prioritization, efficacy, and sweat the details of Budget 2026.

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Categories: Technology news

Inuvik killed dozens of grizzly bears at a dump this summer. Experts say it may have been the kindest option

Technology news (CBC) - Mon, 11/09/2026 - 07:00

This summer, over 28 grizzly bears were shot in Inuvik. While some people are now wondering why the Department of Environment has to ‘dispatch’ problem bears, instead of relocating them or leaving them alone, experts say death may be the kindest option.

Categories: Technology news

Why Boson AI’s Toronto office is growing faster than its Silicon Valley HQ

BetaKit - Mon, 11/09/2026 - 06:00

The AI research lab has set up shop in Canada for its compute, talent, and predictability.

The post Why Boson AI’s Toronto office is growing faster than its Silicon Valley HQ first appeared on BetaKit.

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