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The Logic
thelogic. co > briefing > nokia-to-spin-out-space-communications-business-through-canadian-spac-deal

Nokia to spin out space communications business through Canadian SPAC deal

5+ hour, 18+ min ago  (253+ words) The Logic Canada's Business and Tech Newsroom The $56. 7-million deal with Celestial Acquisition Corp. will see the U. S. -centred spinout from Nokia Bell Labs, called Modul8, listed on the TSX Venture Exchange as an Ontario company. Celestial is a capital-pool company whose…...

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The Logic
thelogic. co > briefing > ontario-police-arent-reporting-spyware-use-senior-privacy-official-warns

Ontario police aren't reporting spyware use, senior privacy official warns

5+ hour, 52+ min ago  (226+ words) The Logic Canada's Business and Tech Newsroom The provincial privacy commissioner has never received a single privacy impact assessment from a police force over its use of software that snoops on people's smartphones and other devices, Christopher Parsons, the office's…...

The Logic
thelogic. co > briefing > magna-founder-stronach-found-guilty-of-indecent-and-sexual-assault

Magna founder Stronach found guilty of indecent and sexual assault

5+ hour, 56+ min ago  (253+ words) The Logic Canada's Business and Tech Newsroom Ontario Superior Court Justice Anne Molloy found businessman Frank Stronach guilty of two counts related to two complainants. He will be sentenced in September. Molloy found Stronach not guilty of three other charges…...

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The Logic
thelogic. co > briefing > bell-rogers-and-telus-reject-crtcs-warnings-about-add-on-cellphone-charges

Bell, Rogers and Telus reject CRTC's warnings about add-on cellphone charges

6+ hour, 38+ min ago  (255+ words) The Logic Canada's Business and Tech Newsroom The big telcos' various fees for services like "device handling," "device setup," shipping and SIM cards are legitimate customer charges, they argued in separate letters to the Canadian Radio-television and Telecommunications Commission. The…...

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The Logic
thelogic. co > news > fifa-world-cup-low-economic-benefits

Canada gets low returns from events like the World Cup. Ottawa wants to know why

15+ hour, 44+ min ago  (843+ words) As the World Cup bump falls short of hopes, the feds are seeking better ways to track the economic benefits of huge athletic events OTTAWA " Canadian governments have cumulatively spent $1 billion preparing to co-host the 2026 FIFA World Cup, but they…...

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thelogic. co > briefing > shopify-backed-frontier-recruits-anthropic-and-commits-us915m-to-carbon-removal

Shopify-backed Frontier recruits Anthropic and commits US$915 M to carbon removal

1+ day, 6+ hour ago  (218+ words) The Logic Canada's Business and Tech Newsroom Frontier, a group of companies that funds carbon removal projects, said that Stripe, Google, Shopify, Salesforce, H&M and Anthropic are among the backers of a new US$915-million funding pool. (The Logic)…...

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The Logic
thelogic. co > briefing > bhp-takes-us2-3b-writedown-on-saskatchewan-potash-mine

BHP takes US$2. 3 B writedown on Saskatchewan potash mine

1+ day, 7+ hour ago  (221+ words) The Logic Canada's Business and Tech Newsroom The miner said that it expects higher capital investments in its Jansen project will cut into the value it can get from future growth. It expects total investment in the second stage of…...

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The Logic
thelogic. co > briefing > canadas-planned-data-centres-face-rising-climate-risks-report-finds

Canada's planned data centres face rising climate risks, report finds

1+ day, 9+ hour ago  (268+ words) The Logic Canada's Business and Tech Newsroom Canada ranks 14th among the world's 25 largest data-centre investment hubs for risk of damage from climate-driven extreme weather, according to a new report from Sydney-based analytics firm Cross Dependency Initiative (XDI). The study examined 2, 595 planned…...

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The Logic
thelogic. co > news > wealthsimple-kalshi-prediction-market-bets

Wealthsimple will let Canadians place bets on prediction market Kalshi

1+ day, 12+ hour ago  (348+ words) Wealthsimple Predict will offer access to nearly 4, 000 event contracts on the U. S. exchange Toronto fintech Wealthsimple will launch a prediction markets trading app called Wealthsimple Predict this summer, offering nearly 4, 000 event contracts on U. S. predictions exchange Kalshi. Strict rules: Prediction markets are…...

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The Logic
thelogic. co > news > bell-sovereign-ai-alliance-cohere-compute

Cohere turns to Bell's AI alliance for more Canadian compute capacity

1+ day, 15+ hour ago  (476+ words) Neocloud Buzz HPC will operate an expanded data centre in Merritt, B. C. , with Hypertec providing the hardware to run Cohere's models and tools TORONTO " Bell is putting its network of AI partnerships to work to provide new compute capacity for Cohere....

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