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by on March 31, 2018
Rewards are the new black. Drop has announced they have raised a $21 million USD Series A funding round led by New Enterprise Associates. The round also saw investments from Sierra Ventures, White Star Capital, ff Venture Capital, Portag3 Ventures, and Silicon Valley Bank. The Toronto-based Drop is a fast-growing personalized rewards program that is specifically targeted towards millennials. Users simply link their credit and debit cards with the app and begin earning points for every doll...
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by on March 31, 2018
You know what’s cooler than a million? Motorola has agreed to buy the Vancouver-based Avigilon for approximately $1 billion USD ($1.25 billion CAD). The massive all-cash acquisition signifies Motorola’s intent to fully enter the video surveillance and analytics market. The Chicago-based Motorola has previously built and sold two-way radios and police body cameras, but nothing like a full-on surveillance unit. Under the terms of the acquisition, Motorola will purchase all of Avigilon’s outs...
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by on March 31, 2018
Humanity has a few questions that have been plaguing us since the dawn of time: What is the meaning of life? Do we have free will? If an eccentric tech mogul launches an electric roadster into space, what is the likelihood it falls back down to earth or collides with anything else on its intergalactic road trip? Luckily, three University of Toronto researchers have addressed at least one of those questions with a new study. Titled “The random walk of cars and their collision probabilities wit...
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by on March 31, 2018
Apple has announced they have acquired Texture. Texture is a virtual magazine stand that offers free access to digital versions of many popular magazines through a subscription-based model. It is owned by Next Issue Media, which is a conglomerate of several different media companies including Condé Nast, Hearst, Meredith, KKR and Rogers Media. “We’re excited Texture will join Apple, along with an impressive catalog of magazines from many of the world’s leading publishers,” said Eddy Cue, A...
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by on March 31, 2018
“Are you still watching Canada?” There’s nothing good on TV–so goes the proverb as old as television itself. But, like cable TV, that saying may quickly be on the way out. Before the advent of streaming, big-budget original content was relegated to huge studios and their traditional distribution networks. In the movie I Love You, Man, Paul Rudd’s character tries to bail on a Rush concert with the excuse we’ve all thought of at least once: “It’s not TV, it’s HBO…Have you ever watched Sunday ni...
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by on March 31, 2018
You can’t always get what you want. Sometimes, you get something better. And sometimes, it’s a multi-million dollar idea. For the founders of BlueCat, that’s exactly what happened. In 1993, Michael and Richard Hyatt founded Dyadem International, a risk management software company. While researching a new DNS (domain name system), Richard created an interface that could install a server in five minutes—a fraction of the complex, expensive two-day method that was standard at the time. They took...
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by on March 31, 2018
Throughout 2017, the payments industry has undergone significant growth and evolution. Nearly every week, another vendor or merchant seems to offer a new digital payment alternative, from Apple Pay’s peer-to-peer payments to Target’s mobile wallet. With so much innovation and change happening in the industry, 2018 is sure to be a turning point in the digital payments revolution. From artificial intelligence to payment data streams, such noteworthy payments trends have emerged in 2017 and w...
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by on March 31, 2018
It’s clear to me that 2018 – the year we’ve all been waiting for with grave anticipation – will revolutionize the music industry. I’m sure you all have questions about what’s to come: Who will become more powerful: artists, streaming platforms or labels? How might cryptocurrencies and blockchain impact the business? What will live music look like in the digitally-obsessed world? But before discussing the future of music, let’s put the current state of the industry into perspective. It t...
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by on March 31, 2018
The futuristic world filled with robots that society has fantasized about for decades started to feel like it had arrived in 2017. While you didn’t see clusters of robots walking down the street yet, we saw robotic innovations break into the mainstream, bridging the gap between science fiction and tangible. We saw an explosion of artificial intelligence advances, a huge surge in human-robot collaboration with the presence of more “cobots” in factories as well as the real presence of robots in...
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by on March 31, 2018
Every third Youtube video that you watch is associated with BBTV… mic drop.  Tens of thousands of content creators, 34 billion monthly impressions, 285 million unique viewers, 400 (and growing) employees, and 23 internal departments; welcome to BroadbandTV aka BBTV. Shahrzad Rafati is BBTV’s Iranian-born founder who pioneered the business after seeing the distinct difference in access to content between her birthplace and her Canadian home of Vancouver. Since launching in 2005 BBTV has ...
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by on March 31, 2018
Uber has halted their autonomous driving tests after a fatal accident. The ride-hailing company said today that a woman was killed by a self-driving SUV that was using their autonomous technology. The accident reportedly occurred late last night. Uber has suspended its autonomous vehicle program across the U.S. and Toronto. The accident happened in Tempe, a suburb near Phoenix, and it marks the first-ever fatality from a self-driving vehicle. A human operator was behind the wheel, but the ...
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by on March 30, 2018
NEARLY THREE YEARS after a Russian propaganda group infiltrated Facebook and other tech platforms in hopes of seeding chaos in the 2016 US election, Facebook has more fully detailed its plan to protect elections around the world. In a call with reporters Thursday, Facebook executives elaborated on their use of human moderators, third-party fact checkers, and automation to catch fake accounts, foreign interference, fake news, and to increase transparency in political ads. The company has made ...
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