Technology

By The Globe and Mail

The Globe and Mail
Huawei
FedEx apologizes for another Huawei delivery ‘mistake,’ reigniting Chinese ire
The Globe and Mail - Kanishka Singh
FedEx Corp has apologized for another Huawei delivery “mistake,” reigniting Chinese ire and drawing the fire of state media which suggested the U.S. delivery firm could end up on China’s upcoming list
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Open Banking
Lack of open-banking rules putting consumers at risk, Senate report warns
The Globe and Mail - Bill Curry
More than four million Canadians are willingly handing over their banking passwords to fintech companies, and the Senate banking committee says Ottawa must create a strong oversight regime that includes
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Methane
'Surprising’ methane result ignites speculation - and caution - about life on Mars
The Globe and Mail - Ivan Semeniuk
A brief whiff of methane has set the internet bubbling with talk of life on Mars, but scientists affiliated with NASA’s Curiosity Rover caution that it is too soon to know if their remote controlled vehicle
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Facebook
Politicians need to move fast as Facebook, other Big Tech move into finance, BIS says
The Globe and Mail - Tom Wilson
Politicians need to quickly coordinate regulatory responses to new risks from technology companies like Facebook moving into finance, though banks won’t be squeezed out anytime soon, the Bank for International
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University of Toronto
In the conversation around Sidewalk Labs, Toronto can – and will – stand its ground
The Globe and Mail - Anna Golden, Alan Broadbent
Anne Golden is the chair of the Ryerson City Building Institute and the former president of the United Way. Alan Broadbent is the chief executive officer of Avana Capital and chair of Maytree. Both are
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Huawei
Huawei sues U.S. Commerce Department over seized equipment, according to court filing
The Globe and Mail - Diane Bartz
Huawei Technologies Co Inc filed a lawsuit against the U.S. Commerce Department on Friday challenging whether telecommunications equipment it sent from China to the United States, and then back to China,
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Huawei
Despite U.S. curbs, Huawei says it has shipped 100 million smartphones this year
The Globe and Mail - Reuters
Huawei Technologies said on Friday that, as of May 30, it has shipped 100 million smartphones this year. Huawei consumer business group’s smartphone product line president He Gang revealed the numbers
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U.S. Senate
Senate Democrats request details of U.S. antitrust investigations of Big Tech
The Globe and Mail - David Shepardson
Seven U.S. Senate Democrats asked the Trump administration on Friday to disclose details of possible Federal Trade Commission and Justice Department antitrust investigations into Amazon.com Inc, Facebook
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Tech salary growth in Toronto outpaces most global hubs
The Globe and Mail - Jared Lindzon
Average compensation within Toronto’s technology industry is higher than ever and increasing faster than any other major tech hub surveyed worldwide. According to a recent study by tech-job site Hired,
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Hungary
Hungary has no evidence of Huawei threat, plans rapid 5G rollout: technology minister
The Globe and Mail - Gergely Szakacs
Hungary has no evidence that equipment from Chinese telecoms giant Huawei poses a security threat, a government minister said on Thursday, adding that Budapest was mulling incentives to accelerate the
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IPOs
Slack stock surges on debut, valuing company at more than $25-billion
The Globe and Mail - Joshua Franklin, Carl O'Donnell
Shares of Slack Technologies Inc., the fast-growing workplace messaging and communication platform, soared nearly 60 per cent in their public trading debut on Thursday, valuing the company at more than
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Accel Partners
Here are the facts about Slack
The Globe and Mail - Reuters
Slack Technologies Inc, whose instant messaging app has taken workplaces by storm, is scheduled to go public via a direct listing on June 20, instead of the more popular initial public offering route.
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Mark Carney
Carney says Facebook’s Libra cryptocurrency would require regulation
The Globe and Mail - Reuters
Facebook cannot expect its new Libra currency to benefit from the same unregulated free-for-all that helped the company achieve a dominant position in social media, Bank of England Governor Mark Carney
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Shopify
Shopify to launch warehouse network for merchant clients
The Globe and Mail - Josh O’Kane
Shopify Inc. is launching a network of warehouses to centralize delivery and lower shipping costs for its merchant clients. In the past several years, Shopify executives have been trying to build out company
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Facebook
Facebook called before U.S. Senate committee over Libra cryptocurrency project
The Globe and Mail - Pete Schroeder
Facebook Inc’s plans to create a global cryptocurrency will face scrutiny from the U.S. Senate Banking Committee on July 16, the latest sign that policy-makers around the globe are casting a wary eye the
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Air Canada
Ottawa-backed Carrot Rewards app shutting down after failing to find a buyer
The Globe and Mail - Stefanie Marotta
An app backed by the federal government aimed at improving Canadians’ health and wellness by rewarding users with loyalty points is shutting down after its funding ran dry and it failed to find a buyer,
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Sean Kilpatrick
Liberals clarify new CRTC directive to encourage network investments
The Globe and Mail - The Canadian Press
A finalized change of policy for the Canadian Radio-television and Telecommunications Commission has been tabled in the House of Commons, providing some tweaks to a proposal announced in February by the
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Facebook
Facebook reveals Libra cryptocurrency, sparking new privacy concerns
The Globe and Mail - Katie paul, Anna Irrera
Facebook Inc. announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns. The social
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Google
Google announces $1-billion additional investment in housing across Bay Area
The Globe and Mail - Reuters
Alphabet Inc.’s Google on Tuesday announced an additional $1-billion investment in housing across the San Francisco Bay Area. Google said over the next 10 years, it would repurpose at least $750-million
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Alibaba Group
Alibaba reshuffles management; CFO to oversee strategic investment unit
The Globe and Mail - Josh Horwitz and Brenda Goh
China’s Alibaba Group Holding Ltd on Tuesday unveiled its most significant business reshuffle since co-founder Jack Ma announced his pending retirement, as the e-commerce firm looks to bolster its investment
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Algorithms, chatbots and AI screening: Have job candidates become a commodity in our digital world?
The Globe and Mail - Mary McIninch, Ted Maksimowski
Mary McIninch is the executive director of the Association of Canadian Search Employment and Staffing Services (ACSESS), the national voice of the recruiting, employment and staffing services industry.
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Montréal
Montreal telemedicine startup Dialogue raises $40-million in financing led by Caisse
The Globe and Mail - Sean Silcoff
Montreal-based telemedicine startup Dialogue has raised $40-million in venture capital, led by the Caisse de dépôt et placement du Québec and Germany’s Holtzbrinck Ventures. The three-year-old company
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Shoppers Drug Mart
Shoppers Drug Mart to use blockchain technology to track medical cannabis quality
The Globe and Mail - Kevin Bissett
The vice-president of business development at Shoppers Drug Mart says blockchain technology can provide assurance for doctors and pharmacists about the quality of medical cannabis. Ken Weisbrod says his
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Street Capital gains much-needed cash boost with $85-million sale to RFA Capital
The Globe and Mail - James Bradshaw
Street Capital Group Inc. has struck an all-cash deal to be acquired by RFA Capital Inc. for $85-million, giving the struggling mortgage lender a much-needed infusion of capital. The deal announced Monday
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Bank of Japan
Global stocks, yields steady with focus on Fed, central banks
The Globe and Mail
A gauge of global stock markets edged higher on Monday to build on monthly gains and benchmark government bond yields hovered near multi-year lows as investors girded for developments later in the week
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Chinese Communist Party
Hong Kong retreat on extradition bill reveals cracks in Chinese invincibility, critics say
The Globe and Mail - Nathan VanderKlippe
The crush of people in black T-shirts that marched on Hong Kong streets over the last week accomplished something many global leaders could not. They caused Beijing to blink. Now, as Chinese authorities
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Bank of Canada
Canadian dollar sticks to narrow range ahead of Fed interest rate decision
The Globe and Mail - Fergal Smith
The Canadian dollar was little changed against its U.S. counterpart on Monday, holding near Friday’s eight-day low as oil prices fell and investors awaited a Federal Reserve policy meeting later in the
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Congressional Caucuses
After harsh Twitter exchanges, Senate will look at new social media policy
The Globe and Mail - Christian Paas-Lang
An independent senator is on a mission to get members of Canada’s upper house to stop being so nasty to each other on social media. Tony Dean says recent exchanges on Twitter involving senators and their
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Gloria Vanderbilt
Fashion icon, socialite Gloria Vanderbilt dies at 95
The Globe and Mail - Ula Ilnytzky
Gloria Vanderbilt, the intrepid heiress, artist and romantic who began her extraordinary life as the “poor little rich girl” of the Great Depression, survived family tragedy and multiple marriages and