Is Real Ventures done? Is BDC just getting started?

Summer is over and so are slow news days, it appears. Elevate returned in person this week and BetaKit was focused on the two stages we programmed for the festival – AI and FinTech – as well as moderating several compelling panel discussions. “Half a billion dollars for women in Canadian tech. Pretty cool!” So, […]

B.C. regional government acknowledges cyber attack

A British Columbia municipality has acknowledged being the victim of a cyber attack just over two weeks ago. The admission made today comes after the LockBit ransomware gang listed the Sunshine Coast Regional District on its data breach website. “On Thursday, September 8 and for most of Friday, September 9, computer servers at the Sunshine […]

Lighthouse Labs tracks career trajectories of its alumni in new report

Canadian tech education firm Lighthouse Labs this week released its 2022 Career Trajectory Report , which surveyed how alumni have fared since graduating between 2014 and last year. The goal of the report, said Jeremy Shaki, chief executive officer of the company, which offers 12-week and 30-week bootcamp courses for web development and data science […]

New 5G services uplift carrier speeds, but haven’t yet cut costs

Canada’s 5G network speeds are up, thanks to new 5G services, but the technology hasn’t impacted prices just yet, says PCMag. In its Fastest Mobile Networks Canada 2022 report, PCMag pegged Bell as the overall carrier network winner, attributing its lead to its extensive network development efforts in southern Ontario and its new 5G services […]

Metaverse startup TerraZero seeks TSX-V listing through reverse takeover

A portfolio company of Netcoins parent company Bigg Digital Assets is preparing to go public on the TSX-V through a reverse takeover. TerraZero Technologies, a metaverse development group, has signed a letter of intent with Whatcom Capital II Corp. that would see TerraZero become publicly traded following a reverse takeover. TerraZero wants to develop, acquire, […]

Cyber Security Today, Week in Review for September 23, 2022

Welcome to Cyber Security Today. This is the Week in Review for the week ending Friday, September 23rd. From Toronto, I’m Howard Solomon, contributing reporter on cybersecurity for   In a few minutes I’ll be joined by David Shipley of Beauceron Security to discuss some of what happened in the past seven days. But […]

Trulioo to cut up to 10 percent of staff, exit small business market

Global online identity verification firm Trulioo plans to lay off five to 10 percent of its staff as part of its decision to stop selling to small businesses. Trulioo confirmed to BetaKit that has laid off 24 people this month in Canada, and expects its staff cuts to reach 40 to 50 globally. As first […]

Coinsquare to acquire CoinSmart as consolidation of Canadian crypto traders continues

Coinsquare has entered into an agreement to purchase CoinSmart, creating what it claims will be one of Canada’s largest crypto asset trading platforms. The transaction involves Coinsquare paying Coinsmart $3 million in cash, and issuing 5.2 million Coinsquare shares to CoinSmart. CoinSmart, which trades on the Neo Exchange, saw its shares rise slightly after the […]

CIRA announces off-network protection for DNS Firewall

The Canadian Internet Registration Association (CIRA) has announced a new extension for its DNS Firewall service. It now includes off-network protection for users who are not connected to their corporate networks. Designed to be used by remote workers on both private and public networks, the CIRA Firewall monitors and analyzes DNS traffic and blocks users […]

Cisco Canada survey reveals innovation is not a priority for most Canadian organizations

Cisco Canada and Angus Reid have released a survey which revealed that Canadian organizations are struggling to ramp up their investments in innovation. The country is falling behind the rest of the world as a consequence. According to The Organization for Economic Cooperation and Development (OECD), Canada is behind in its innovation and R&D investments, compared […]