Why Every Business Leader in Canada Should Consider a Tech MBA
Recognizing the ever-evolving landscape of business in the digital age, York University’s Schulich School of Business launched the MBA in Technology Leadership, or Tech MBA, last fall. This innovative program aims to prepare future business leaders to navigate the challenges and opportunities presented by a world increasingly shaped by technological advancements. According to Detlev Zwick, […].
Business Groups Issue New Open Letter Condemning Capital Gains Changes as ‘Divisive’
A coalition of business groups has released a new open letter addressed to Finance Minister Chrystia Freeland, maintaining pressure on the federal government to reconsider its proposed changes to capital gains taxes. The letter expresses ongoing opposition to the plans announced in the 2024 budget, which would raise the capital gains inclusion rate from 50 […].
Title: Top 15 Best Managed Web Hosting Platforms in 2024
Introduction: In today’s digital landscape, selecting the right managed web hosting platform is paramount for businesses seeking optimal website performance, security, and scalability. With a multitude of options available, finding the perfect fit can be challenging. To simplify your search, we’ve compiled a list of the top 15 managed web hosting platforms for 2024, each […].
Pulse Check: BetaKit Town Hall Attendees Deliberate on the State of Canadian Tech and Future Directions
Despite the controversy surrounding the Canadian government’s proposed capital gains tax changes and ongoing dissatisfaction with federal innovation policy, the atmosphere at a recent gathering of entrepreneurs, executives, investors, and students was remarkably optimistic. Many attendees expressed their delight at the opportunity to come together in person to share ideas and network, something that has […].
Three Canadian Companies Named Finalists in Musk-Funded XPRIZE Carbon Removal Competition
Three Canadian cleantech startups are among the 20 finalists competing for up to $50 million in the XPRIZE Carbon Removal competition, a $100-million, four-year-long competition funded by the Musk Foundation. The competition aims to combat climate change by incentivizing innovators to create and demonstrate solutions for removing and sequestering carbon dioxide from the atmosphere or […].
H|T: The HealthTech Times – Walmart Abandons Telehealth and Cyberattack Paralyzes Canadian Pharmacy Chain
Walmart Inc. has decided to abandon its plan to establish a network of low-cost health clinics due to increasing costs and reimbursement challenges. The retail giant announced on Tuesday that it will close all 51 health centers it had opened in five states and shut down its telehealth business. The health centers were strategically […].
OSC Unveils New Initiatives to Enhance Capital Access for Angel Investors and Startups
The Ontario Securities Commission (OSC) has recently introduced several initiatives to facilitate early-stage business funding and improve access to capital for businesses in the province. These measures, which are part of the OSC TestLab program, aim to support capital-raising efforts by evaluating innovative approaches to regulation and fostering a favorable environment for capital market growth. […].
Three Canadian Companies Recruiting for Hybrid Tech Positions
Hybrid work arrangements have gained significant popularity among tech professionals and are increasingly being recognized by business leaders for their numerous benefits. A November survey conducted by the International Workplace Group revealed that over 80 percent of HR leaders in the United States believe hybrid work not only improves productivity and employee wellbeing but also […].
FINTRAC Fines Crypto Giant Binance $6 Million for Violating Anti-Money Laundering Laws
Binance, the leading global cryptocurrency exchange, has been slapped with an approximately $6 million CAD fine by Canada’s anti-money laundering agency, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). FINTRAC discovered that Binance committed two violations of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, failing to register as a foreign […].
Shopify CEO Addresses Canadian Innovation, Policy, Courage, and Ambition
Shopify CEO Tobi Lütke recently made a special appearance at BetaKit’s first-ever town hall, which was attended by 500 members of the Canadian tech community. The event took place at the University of Toronto and featured Lütke as the headline speaker. At the BetaKit Town Hall, Shopify CEO Tobi Lütke engaged in a thought-provoking […].
Australian Payments Plus Establishes Inaugural Chief Information Security Officer Role
Australian Payments Plus (AP+) has recently established its first Chief Information Security Officer (CISO) role, underscoring the organization’s dedication to fortifying its cyber security posture and safeguarding critical payment systems. The CISO position will play a vital part in defending AP+ systems and data from cyber threats, while also offering strategic and operational guidance for […].
CBA Appoints New Chief Security Officer
The Commonwealth Bank of Australia (CBA) has recently experienced a shift in its security leadership, with the departure of former Chief Security Officer Brendan Goode last month. In response to this change, the bank has promoted Nicola Nicol, its Chief Information Security Officer of six months, to the role of Chief Security Officer. This move […].
Aussie Broadband Granted Approval to Increase Holding of Superloop Shares
After being compelled to sell 38 million shares in its rival, Superloop, Aussie Broadband has received approval from Singaporean regulators to own up to a 19.9% stake in the internet provider. This decision comes just a month after Aussie Broadband was forced to reduce its holdings in Superloop. The original dispute arose when Aussie Broadband […].
“Meta’s Oversight Board Supports Removal of Australian Voter Fraud Posts”
In a recent decision, Meta’s oversight board supported the removal of two Facebook posts that encouraged Australians to vote multiple times in an indigenous rights referendum. While the board agreed with the decision to take down the posts, it also highlighted that Facebook had failed to adequately explain its policy on prohibiting content that promotes […].
Apple to Utilize Its Chips to Power AI Servers
According to recent reports, Apple is expected to launch some of its highly anticipated artificial intelligence (AI) features this year, with the company planning to deliver these capabilities through data centers powered by its own in-house chips. This move comes as Apple seeks to incorporate generative AI into its product offerings, providing users with […].
Government Calls for Comprehensive Social Media Inquiry
The Australian federal government has announced its intention to establish a new parliamentary committee with the purpose of scrutinizing the practices of big tech companies. This move is a response to growing concerns about the impact of social media platforms on users’ safety and well-being. The committee’s mandate is broad, covering not only the technology […].
VRA NSW Enhances Radio Network with LTE and Satellite Backhaul Integration
VRA Rescue NSW, a volunteer-run rescue squad service in New South Wales, Australia, has taken significant steps to improve its radio network’s reliability and resilience. To ensure seamless communication during emergencies, VRA Rescue NSW has introduced LTE and satellite backup to its radio network, making it more “bulletproof” in the event of a major disaster. […].
FBI Pursuing Scattered Spider Hackers
The U.S. Federal Bureau of Investigation (FBI) is actively pursuing charges against hackers associated with the notorious Scattered Spider criminal gang, a senior official has revealed. The group, known for their aggressive tactics, is primarily based in the United States and Western countries and has breached dozens of American organizations, causing significant concern among law […].
Government’s $74M PEMS Project Raises Concerns About Iterative and Agile Methods
The Parliamentary Expense Management System (PEMS), which has faced delays and budget overruns, has led some public sector stakeholders to question the effectiveness of agile and iterative methodologies used in the project’s development. These methodologies were heavily employed during the project’s implementation and were initially expected to streamline processes and enhance support for clients. However, […].
Piloting Government-Verified Credentials Integration into Digital Wallets
The federal government has made a significant commitment to advancing its Digital ID system, allocating $288.1 million in the federal budget over the next four years. This substantial investment, which represents an 11-fold increase compared to the previous budget, aims to accelerate the adoption of Digital ID and enhance online security and convenience for citizens. […].