Cloud services to bridge digital divide between small and big companies: AWS Impact Report

Just 34 per cent of small companies—those with fewer than 100 employees—use cloud computing, in contrast to 69 per cent of large companies (more than 500 employees), a Public First study, commissioned by Amazon Web Services (AWS), found. Over 1000 Canadian businesses and 750 cloud users were surveyed. Bridging the difference in cloud prevalence between […]

Amazon, Square launch buy now, pay later options in Canada

On Thursday, Amazon and Square both made buy now, pay later (BNPL) options available to their Canadian customers. Amazon partnered with American payment network Affirm, while Square launched its integration with Afterpay. The launches mark the latest BNPL offerings to be introduced into the country, following a slew of other services that were recently made […]

Cyber Security Today, Sept. 23, 2022 – How a lack of MFA contributed to a hack

A lack of multifactor authentication led to a company’s email system being hacked, says Microsoft. Welcome to Cyber Security Today. It’s Friday, September 23rd, 2022 I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com. Here’s more evidence of the risks of not having multifactor authentication: Microsoft says a threat actor was recently able to compromise […]

How to navigate the tangled web of government startup grants

Governments across Canada want to support startups, but the grant landscape is murky at best. Despite billions of dollars in available grants, many startups don’t seek them due to application complexity, confusion in finding them to begin with, or a mix of both. This is something the Cisco Grants Support Program is working to solve. […]

H|T: The Healthtech Times – Peloton co-founders resign amid company shakeup

The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe to H|T using the form at the bottom of this page to ensure you don’t miss out on the most important healthtech news every week! WELL Health among few tech companies to crack TSX30 amid sector downturn (BETAKIT) […]

ILX Group examines steps firms must take to future-proof themselves

Consulting and training company ILX Group has released new research that examines the AI skills gap many leading industries face today, the result of what it described as staff shortages, supply chain disruption, inflation, and overall uncertainty. Findings, which are based on interviews with executives from a large cross section of global companies, revealed that […]

As Canadian innovators wonder what a proposed SR&ED review would accomplish, CCI lays out recommendations

The Council of Canadian Innovators (CCI) published a policy brief today outlining its recommendations for the federal government’s planned Scientific Research and Experimental Development (SR&ED) program review. The new five-page submission from CCI, a tech industry lobby group that represents Canada’s scaleups, puts forth six specific recommendations on how the Government of Canada can simplify […]

IMAX acquires video quality solutions startup Ssimwave in $28.3 million CAD deal

Waterloo-based Ssimwave, which offers video quality solutions for media and entertainment companies, has been acquired by IMAX in a $28.3 million CAD ($21 million USD) deal of cash and stock. The transaction comprises $18.5 million in cash and $2.5 million in stock. It also includes an additional earnout consideration of $4 million. A spokesperson for […]

Hundreds of thousands of applications at risk from unpatched Python bug, say researchers

Over 350,000 open-source repositories may be open to compromise because they include a Python module containing an unpatched 15-year-old vulnerability. That’s the finding of researchers at Trellix, who said the hole, CVE-2007-4559, is in Python’s tarfile module, which isn’t properly checking for path traversal vulnerabilities. A developer could inadvertently include the vulnerability in their own […]