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Ritchies Bros. tweaks offer for IAA to up cash component, but trim overall value

Ritchies Bros. tweaks offer for IAA to up cash component, but trim overall value

VANCOUVER — Ritchie Bros. Auctioneers Inc. is changing the terms of its proposal to buy IAA Inc. to increase the proportion of cash offered but trim the overall value of the bid.
To boldly grow: North Vancouver company builds system for deep space farming

To boldly grow: North Vancouver company builds system for deep space farming

One of 10 semi-finalists will win a large cash prize awarded by the Canadian Space Agency.
Wave of tech layoffs tips power back in favour of employers in sector

Wave of tech layoffs tips power back in favour of employers in sector

TORONTO — Members of Canada's tech industry say another wave of layoffs the sector saw this week is tipping the power dynamic back in favour of employers.
Tech industry job cuts come rapidly and in big numbers

Tech industry job cuts come rapidly and in big numbers

In just the past month there have been nearly 50,000 job cuts across the technology sector.
More than 19,000 records released in B.C. school district data breach

More than 19,000 records released in B.C. school district data breach

After 19,126 records were released by a school district in Maple Ridge, B.C., staff warn of potential phishing scams.
Tech company Hootsuite lays off 7% of staff, names Irina Novoselsky new CEO

Tech company Hootsuite lays off 7% of staff, names Irina Novoselsky new CEO

VANCOUVER — Social media technology company Hootsuite Inc. is laying off seven per cent of its staff in its third job cut in the last year.
Shareholder Luxor Capital Goup opposes Ritchie Bros. deal to buy IAA

Shareholder Luxor Capital Goup opposes Ritchie Bros. deal to buy IAA

Microsoft cuts 10,000 jobs, about 5% of global workforce

Microsoft cuts 10,000 jobs, about 5% of global workforce

Microsoft is cutting 10,000 workers, almost 5% of its workforce, in response to “macroeconomic conditions and changing customer priorities.
BDC leads US$50M funding round for Calgary-based lithium company

BDC leads US$50M funding round for Calgary-based lithium company

CALGARY — A new fund launched in November by the Business Development Bank of Canada to help foster the growth of homegrown climate technology has made its largest investment yet.
Ballard to co-develop zero emission mine truck in India

Ballard to co-develop zero emission mine truck in India

Ballard, Adani Enterprises, Ashok Leyland partner up on fuel cell mine truck