VerticalScope wins price target raise at Beacon

Can Tech - Mon, 03/24/2025 - 16:01
Its fourth quarter results are in the books and Beacon Securities analyst Gabriel Leung has raised his price target on VerticalScope (VerticalScope Stock Quote, Chart, News, Analysts, Financials TSX:FORA). On March 12, FORA reported its Q4 and fiscal 2024 results. In the fourth quarter, the company posted Adjusted EBITDA of $10.1-million on revenue of $19.9-million, […]

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Nokia, Honeywell partner with Québec’s Numana to develop quantum-safe communication networks

BetaKit - Mon, 03/24/2025 - 14:48

"God knows" cybersecurity research is needed in this geopolitical context, economy minister says.

The post Nokia, Honeywell partner with Québec’s Numana to develop quantum-safe communication networks first appeared on BetaKit.

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Lightspeed scales back fiscal 2025 revenue outlook as “several macroeconomic conditions have deteriorated”

BetaKit - Mon, 03/24/2025 - 14:45

Lightspeed saw same-store sales and business formation decline as the trade war heated up in February and March.

The post Lightspeed scales back fiscal 2025 revenue outlook as “several macroeconomic conditions have deteriorated” first appeared on BetaKit.

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Premium Brands has price target cut at Desjardins

Can Tech - Mon, 03/24/2025 - 09:18
Following the company’s fourth quarter results, Desjardins analyst Chris Li has lowered his price target on Premium Brands Holdings (Premium Brands Holdings Stock Quote, Chart, News, Analysts, Financials TSX:PBH). On March 21, PBH reported its Q4 and fiscal 2024 results. In the fourth quarter, the company posted Adjusted EBITDA of $148.7-million on revenue of $1.64-billion, […]

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The future of Canadian tech runs through Waterloo

BetaKit - Mon, 03/24/2025 - 05:10

Plus: How meaningful is D-Wave’s claim to quantum supremacy?

The post The future of Canadian tech runs through Waterloo first appeared on BetaKit.

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These ice-loving algae may play a big role in lake health

Technology news (CBC) - Sun, 03/23/2025 - 23:10

Researchers are newly documenting a community of algae that hang around just under the ice surface using samples collected by divers. But climate change might threaten the algae — and the new collection method.

Categories: Technology news

AI roundup: Cohere commands attention, Apple Intelligence delays, a vibe coding PSA

BetaKit - Sun, 03/23/2025 - 18:13

Plus: Telus announces “Sovereign AI” data centre (powered by Nvidia).

The post AI roundup: Cohere commands attention, Apple Intelligence delays, a vibe coding PSA first appeared on BetaKit.

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Researchers share lessons on science, friendship on Nova Scotia's wild Sable Island

Technology news (CBC) - Sun, 03/23/2025 - 13:38

On Sable Island, a thin crescent-shaped sandbar in the Atlantic Ocean, the shifting landscapes make for dazzling — and jarring — experiences.

Categories: Technology news

This deep-sea diver was cut off from his air supply for half an hour. He survived

Technology news (CBC) - Sat, 03/22/2025 - 04:00

Chris Lemons’ tether and oxygen supply snapped during a malfunction with a ship on the ocean’s surface. A mix of luck, good training and science helped him live to tell the tale.

Categories: Technology news

Scientists thought this Antarctic sea floor would be barren. But it's teeming with life

Technology news (CBC) - Fri, 03/21/2025 - 18:09

When the crew aboard an ocean science expedition learned that an iceberg the size of Chicago had broken off from an Antarctic ice shelf, they knew they had to stop what they were doing and go check it out. But they didn't expect to find a rich and flourishing ecosystem.

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FreshBooks reveals new CEO Shaheen Javadizadeh after securing $179 million in debt from Morgan Stanley

BetaKit - Fri, 03/21/2025 - 16:14

Company expected to use new facility to refinance existing debt as interim CEO Mara Reiff moves to COO.

The post FreshBooks reveals new CEO Shaheen Javadizadeh after securing $179 million in debt from Morgan Stanley first appeared on BetaKit.

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Assault at Antarctic base could be a warning for future travellers to Mars

Technology news (CBC) - Fri, 03/21/2025 - 15:38

A tense situation among members of an isolated base in Antarctica could foretell conflicts among astronauts on a long distance journey to Mars.

Categories: Technology news

Google eyes AdHawk, Nvidia’s Canadian partner, and a red light for Tesla

BetaKit - Fri, 03/21/2025 - 15:33

Test your knowledge of Canadian tech news with The BetaKit Quiz for Mar. 21, 2025.

The post Google eyes AdHawk, Nvidia’s Canadian partner, and a red light for Tesla first appeared on BetaKit.

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Liberals’ capital gains tax hike is dead, lifetime exemption limit increase to stay

BetaKit - Fri, 03/21/2025 - 13:55

Feds announce plans to scrap inclusion rate hike because “Canada is a country of builders,” PM says.

The post Liberals’ capital gains tax hike is dead, lifetime exemption limit increase to stay first appeared on BetaKit.

Categories: Technology news

Tantalus Systems wins price target raise at Paradigm

Can Tech - Fri, 03/21/2025 - 11:06
Following the company’s fourth quarter results, Paradigm Capital analyst Daniel Rosenberg has raised his price target on Tantalus Systems (Tantalus Systems Stock Quote, Chart, News, Analysts, Financials TSX:GRID). On March 19, GRID reported its Q4 and fiscal 2024 results. In the fourth quarter, the company posted Adjusted EBITDA of $1.4-million on revenue of $12.6-million. “Thanks […]

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Kneat is a top pick, Reza Samahin says

Can Tech - Fri, 03/21/2025 - 10:27
Investors should be taking a look at a little-known smallcap called Kneat (Kneat Stock Quote, Chart, News, Analysts, Financials TSX:KSI). So says Reza Samahin, portfolio manager at K.J. Harrison & Partners. The investor appeared on BNN Bloomberg’s “Market Call” March 20th to talk about his best ideas. “Kneat is a very interesting company,” the fund […]

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Shopify stock is looking attractive, RBC says

Can Tech - Fri, 03/21/2025 - 09:12
It’s down, like most stocks in the Trump-tariff era, but that means investors might want to take advantage of the sale on shares of Shopify (Shopify Stock Quote, Chart, News, Analysts, Financials NYSE:SHOP), says RBC Capital Markets analyst Paul Treiber. In a research report entitled “Canadian Technology: Q4/2024 Icons & Outliers”, the analyst considered the […]

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Paging Dr. Cube: UniDoc to buy software from AMD Telemedicine to improve remote healthcare offering

BetaKit - Fri, 03/21/2025 - 06:00

Vancouver company recently shipped its first cube-shaped kiosks to help in conflict zones like Ukraine.

The post Paging Dr. Cube: UniDoc to buy software from AMD Telemedicine to improve remote healthcare offering first appeared on BetaKit.

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Bausch Health finance plan gets thumbs up at Raymond James

Can Tech - Thu, 03/20/2025 - 20:40
New financings from Bausch Health (Bausch Health Stock Quote, Chart, News, Analysts, Financials NYSE:BHC) should extend the company runway in a nice way. So says Raymond James analyst Michael W. Freeman, who, in a research update to clients March 19 maintained his “Market Perform 3” rating on the stock. On March 19, BHNC announced, in […]

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