One of the biggest black holes ever was discovered — with a mass of 35 billion suns

Technology news (CBC) - Tue, 08/12/2025 - 04:00

Astronomers have used a new method to weigh the ultramassive black hole. They hope this will help them better understand how to find and measure them in the future.

Categories: Technology news

This is our second-worst wildfire season on record — and could be the new normal

Technology news (CBC) - Tue, 08/12/2025 - 04:00

This year's wildfire season is already the second-worst on record in Canada, and experts are warning that this might be the new normal.

Categories: Technology news

Cipher Pharmaceuticals is a buy, says Research Capital

Can Tech - Mon, 08/11/2025 - 12:40
Research Capital analyst Andre Uddin maintained a “Buy” rating and C$18.60 target for Cipher Pharmaceuticals (Cipher Pharmaceuticals Stock Quote, Chart, News, Analysts, Financials TSX:CPH) in an August 8 update, saying management remains focused on expanding Natroba sales and pursuing complementary dermatology products for its U.S. and Canadian operations. Cipher is a Canadian specialty pharmaceutical company […]

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Cargojet stock is still a buy, this analyst says

Can Tech - Mon, 08/11/2025 - 12:33
Cargojet’s (Cargojet Stock Quote, Chart, News, Analysts, Financials TSX:CJT) second-quarter results showed steady growth despite missing revenue expectations, leading Beacon Securities analyst Donangelo Volpe to maintain his “Buy” rating and $155.00 price target in an August 8 note. Adjusted EBITDA and EPS met forecasts, providing some offset to the top-line shortfall. Consolidated revenue rose 3% […]

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OpenText replaces longtime CEO Mark Barrenechea as it considers selling off “non-core assets”

BetaKit - Mon, 08/11/2025 - 12:04

James McGourlay takes over as interim CEO after company reports stalled revenue growth in its latest earnings.

The post OpenText replaces longtime CEO Mark Barrenechea as it considers selling off “non-core assets” first appeared on BetaKit.

Categories: Technology news

Is OpenText stock undervalued?

Can Tech - Mon, 08/11/2025 - 10:12
OpenText (Open Text Stock Quote, Chart, News, Analysts, Financials NASDAQ:OTEX) posted fiscal Q4 revenue of US$1.31 billion, in line with National Bank of Canada Financial Markets analyst Richard Tse’s forecast and above the US$1.29 billion consensus. Organic year-over-year growth, excluding AMC from last year, improved to roughly minus 1 per cent after sharper declines earlier […]

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Is Docebo stock a buy?

Can Tech - Mon, 08/11/2025 - 08:42
National Bank of Canada Financial Markets analyst Richard Tse said Docebo (Docebo Stock Quote, Chart, News, Analysts, Financials TSX:DCBO) posted solid second-quarter 2025 results, with revenue of $60.7 million, slightly ahead of expectations, and adjusted EBITDA of $9.2 million. Both figures came in line with consensus and his own forecasts. Docebo is a Canadian company […]

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Cronos Group is an undervalued stock, Roth says

Can Tech - Mon, 08/11/2025 - 08:32
Cronos Group (Cronos Group Stock Quote, Chart, News, Analysts, Financials TSX:CRON) is showing meaningful progress on profitability, according to Roth Capital Markets analyst Bill Kirk. In an August 7 sales analysis, he reiterated a “Buy” rating and C$5.00 target, citing stronger margins and a turnaround in Adjusted EBITDA. Kirk said Cronos has turned a corner […]

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Zenbooks co-founder launches OpenSME to rally Canadian small businesses behind open banking

BetaKit - Mon, 08/11/2025 - 06:00

Accountant-turned-advocate Eric Saumure wants Canada to get open banking right for small business.

The post Zenbooks co-founder launches OpenSME to rally Canadian small businesses behind open banking first appeared on BetaKit.

Categories: Technology news

Peeking through the Canadian tech IPO window

BetaKit - Mon, 08/11/2025 - 05:00

Plus: Cohere pitches security and productivity with general release of North.

The post Peeking through the Canadian tech IPO window first appeared on BetaKit.

Categories: Technology news

Curaleaf Holdings is still undervalued, this analyst says

Can Tech - Sun, 08/10/2025 - 10:23
Curaleaf Holdings (Curaleaf Holdings Stock Quote, Chart, News, Analysts, Financials TSX:CURA) reported Q2 results that were largely in line with expectations, according to Haywood Capital Markets analyst Neal Gilmer in an August 7 note. Revenue for the quarter came in at $314.5-million, up 1.5% sequentially but down 8.1% year over year. The figure was roughly […]

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Is Kinaxis stock a buy?

Can Tech - Sun, 08/10/2025 - 10:11
ATB Capital Markets analyst Martin Toner said in an August 6 note that Kinaxis (Kinaxis Stock Quote, Chart, News, Analysts, Financials TSX:KXS) reported stronger-than-expected Q2/FY25 results, including a beat across all key metrics. Toner maintained his “Sector Perform” rating and price target of $210.00 on KXS. Total revenue was $136.4-million, up 15.3% year over year […]

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B.C. mushroom picking robots get $40M boost to fill growing agricultural labour shortage

Technology news (CBC) - Sun, 08/10/2025 - 09:00

The innovation is part of an increasing interest in AI in agriculture around the world, as the industry grapples with a number of growing challenges, including labour shortages.

Categories: Technology news

How Canada can be a leader in space (and save the world)

BetaKit - Sun, 08/10/2025 - 07:03

Highlights from BetaKit Town Hall: Most Ambitious with NordSpace, Deep Sky, Xatoms, MycoFutures, and Verto Health.

The post How Canada can be a leader in space (and save the world) first appeared on BetaKit.

Categories: Technology news

Propel posts another record quarter as Thinkific begins courting larger customers in Q2

BetaKit - Fri, 08/08/2025 - 17:16

Propel soars on continued demand, while Thinkific posts modest gains and looks upmarket.

The post Propel posts another record quarter as Thinkific begins courting larger customers in Q2 first appeared on BetaKit.

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Pathway acquired by US telehealth firm Doximity for $63 million USD

BetaKit - Fri, 08/08/2025 - 16:26

Doximity now beta testing a product with Pathway's AI-powered search technology and medical datasets.

The post Pathway acquired by US telehealth firm Doximity for $63 million USD first appeared on BetaKit.

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Rozvelt bets on hardware for hunters amid tariff-spurred funding crunch

BetaKit - Fri, 08/08/2025 - 11:27

Montréal-based startup targets niche market with odour-masking headgear.

The post Rozvelt bets on hardware for hunters amid tariff-spurred funding crunch first appeared on BetaKit.

Categories: Technology news

Should you sell your Uber stock?

Can Tech - Fri, 08/08/2025 - 09:27
On August 6, Roth Capital Markets analyst Rohit Kulkarni reiterated a “Buy” rating and (US) $110.00 price target for Uber Technologies (Uber Technologies Stock Quote, Chart, News, Analysts, Financials NYSE:UBER) after the company posted strong second-quarter results. The stock has climbed nearly 50% since April, and Kulkarni said Uber mostly delivered on high expectations. “Delivery […]

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Federal Fisheries Department was part of previous OceanGate mission

Technology news (CBC) - Fri, 08/08/2025 - 08:54

Fisheries and Oceans Canada says in the summer of 2021, a staff member boarded a vessel "associated with OceanGate" to participate as an observer during a mission off Newfoundland.

Categories: Technology news

Is Cardiol Therapeutics a buy?

Can Tech - Fri, 08/08/2025 - 08:34
Leede Financial analyst Douglas Loe maintained a “Speculative Buy” rating and $11.00 target on Cardiol Therapeutics (Cardiol Therapeutics Stock Quote, Chart, News, Analysts, Financials TSX:CRDL) in an August 6 update following the company’s release of headline results from its 109-patient Phase II ARCHER trial. The study evaluated CardiolRx, the company’s orally-active ultra-pure cannabidiol formulation, in […]

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