Montreal Teo Electric Taxi is No More

The company that wanted to take on Uber and had government backing could not last even 3 years, as it was forced to shut down this week and their work force of about 450 drivers were let go. Dominic Becotte, interim president for Teo, said that as much as they tried the company remained unprofitable … Continue reading Montreal Teo Electric Taxi is No More

Top 40 Narwhals (2019 Best Tech Companies) in Canada

The Impact Centre, based in Toronto, publishes annual Narwhals’ list of 40 great Canadian tech companies that has potential to become successful on the world stage. They look at the fundraising patterns of over 1,000 private VC-funded Canadian technology product businesses in order to product their final list. The companies on the list are weighted … Continue reading Top 40 Narwhals (2019 Best Tech Companies) in Canada

US asks Canada to Extradite Huawei’s CFO

U.S. Department of Justice said it has asked Canada to extradite Chinese Huawei’s CFO Meng Wanzhou to the US. Jury has charged Huaweri as well as Meng with the following list of infractions: conspiracy to trade secrets attempted theft of trade secrets seven counts of wire fraud one count of obstruction of justice faces charges … Continue reading US asks Canada to Extradite Huawei’s CFO

Amazon’s Fight with Toronto Drivers’ Union

According to The Logic, in-depth reporting publication, Toronto’s Amazon Drivers Union says that Amazon’s anti-union tactics made drivers lose their jobs and made one courier company go bankrupt. Union says that under existing conditions with Amazon, drivers are powerless to negotiate their working conditions. Amazon says that drivers are not direct employees and are contractors … Continue reading Amazon’s Fight with Toronto Drivers’ Union

Toronto loses Amazon HQ2, but gains 600 tech jobs

Amazon said it will be looking to hire 600 technology professionals over the coming years. This is on top of 800 they already employ in Ontario’s capital. This news comes to addition of many other tech companies like Microsoft, Facebook, and Shopify opening new offices and hiring thousands of new employees combined. Toronto can not … Continue reading Toronto loses Amazon HQ2, but gains 600 tech jobs

Netflix to Open Production Hub in Toronto? It’s a Strong Possibility according to Mayor Tory

Netflix perhaps will soon be opening its production hub in Toronto. That’s at least what Mayor John Tory told The Canadian Press. “I have a very high level of confidence, without betraying confidences that aren’t yet concrete, that they’re going to. They’ve been in active discussions with our industry, with me, about wanting to create … Continue reading Netflix to Open Production Hub in Toronto? It’s a Strong Possibility according to Mayor Tory