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Consumer Technology

Mars head Yung Wu announces plan to step down from role as tech incubator's CEO

Mars head Yung Wu announces plan to step down from role as tech incubator's CEO

TORONTO — Yung Wu has founded, built and invested in at least seven companies, but there's one thing that's not his strong suit: retiring. The first time the serial entrepreneur retired was in 2007, after the sale of his first company, Castek Inc.
CBC 'pausing' its use of Twitter after 'government-funded media' label applied

CBC 'pausing' its use of Twitter after 'government-funded media' label applied

TORONTO — CBC/Radio-Canada said it is “pausing” its use of Twitter, a day after its main account was labelled "government-funded media" by the social media platform.
Toronto Star owner calls on Cdn companies to spend 20% of ad budget on local media

Toronto Star owner calls on Cdn companies to spend 20% of ad budget on local media

TORONTO — The publisher of the Toronto Star is calling on Canadian companies to dedicate at least 20 per cent of their advertising budgets to local media.
Court gives Magnet Forensics approval for Thoma Bravo deal

Court gives Magnet Forensics approval for Thoma Bravo deal

Magnet Forensics Inc. says a court has granted it a final order allowing Thoma Bravo's $1.8-billion takeover of the cybersecurity company to move forward. Waterloo, Ont.
Magnet Forensics shareholder Nellore challenges value of takeover deal

Magnet Forensics shareholder Nellore challenges value of takeover deal

One of Magnet Forensics Inc.'s shareholders says it has filed a notice of dissent after investors voted in favour of Thoma Bravo's $1.8-billion takeover of the cybersecurity company.
Magnet Forensics shareholders vote in favour of Thoma Bravo deal

Magnet Forensics shareholders vote in favour of Thoma Bravo deal

Magnet Forensics Inc. shareholders have voted in favour ofU.S. private equity firm Thoma Bravo's $1.8-billion takeover of the cybersecurity company. The Waterloo, Ont.
Take hard line on Canada's digital tax, online laws, tech associations urge Biden

Take hard line on Canada's digital tax, online laws, tech associations urge Biden

WASHINGTON — A high-tech industry coalition in the United States is urging President Joe Biden to take a hard line against Canada's approach to digital services. The group says the proposed digital services tax unfairly targets U.S.
Tech sectors expects collapse of SVB to have 'chilling' effect on investments

Tech sectors expects collapse of SVB to have 'chilling' effect on investments

TORONTO — Members of Canada's technology sector say they're worried the collapse of the Silicon Valley Bank (SVB) will have a chilling effect on investments in the already-hampered sector.
Cashback, reward apps helping Canadians save, but where is the data going?

Cashback, reward apps helping Canadians save, but where is the data going?

TORONTO — When it comes to saving on groceries or trips to the mall, Nichole Schaubroeck is a pro.
Meta to block access to news on Facebook, Instagram if Online News Act adopted as-is

Meta to block access to news on Facebook, Instagram if Online News Act adopted as-is

OTTAWA — Canadians would no longer be able to access news on Facebook or Instagram if the federal government's proposed Online News Act passes in its current form, the parent company behind the two popular social media platforms said.