Canada - page 5

News

AI Firm Cohere Raises $270 Million

The startup Cohere, which is engaged in developments in the field of artificial intelligence, has raised investment funds in the amount of $270 million from venture capital and strategic investors, including Oracle Corp. and Nvidia Corp.

News

DoorDash Takes Tip From Grubhub With Amazon Canada Partnership

Recognizing that the DashPass subscription growth strategy was aimed at organic channels rather than developing partnerships, DoorDash has changed its position on this issue.

Fintech & Ecommerce

Spreedly Launches Vault Solution

The company Spreedly announced the launch of a new solution for payment storage, which increases the success of transactions.

News

Robinhood Customers Shift to High-Yield Deposits Amid Banking Turmoil

Robinhood Markets reports that its customers are switching to high-yield deposits.

Science & Technology

Telecoms and Amazon Dismiss Notion of Joint Wireless Effort

American telecommunications giants have refuted plans to establish partnerships with Amazon in order to provide cheap wireless communications to Prime users.

News

Netflix Begins Password Sharing Crackdown in USA

Netflix has officially announced the beginning of measures to combat the actions of those users of this virtual platform who are involved in the practice of distributing passwords in the United States.

Science & Technology

Uber to Offer Autonomous Rides Through Alphabet’s Waymo

Uber Technologies Inc. will soon expand the range of services provided to customers, adding the ability to make a trip in vehicles equipped with an autonomous driving system.

News

Disney Begins Third Round of Layoffs

Disney will soon begin the third stage of the campaign to reduce the workforce.

News

Lululemon Adds Textile Recycling to Its Circularity Initiatives

Lululemon has directed a minority investment in the Australian waste recycling company Samsara Eco.

Finance & Economics

Vice Media Files for Chapter 11 Bankruptcy Ahead of Sale

Vice Media filed for Chapter 11 bankruptcy protection on Monday, May 15, to facilitate the planned sale of the company shortly and make the firm’s future more secure.

Fintech & Ecommerce

Salsa Raises $10 Million to Help Platforms Embed Payroll Features

Salsa announced the attraction of investment funds for $10 million.

Finance & Economics

Disney+ Streaming Service Loses 4 Million Subscribers in First Quarter

Disney has announced that its flagship streaming service has lost 4 million subscribers in the first three months of this year.

News

TD Bank Blames Regulatory Uncertainty for Failed First Horizon Acquisition

Canadian TD Bank canceled the planned purchase of the American financial institution First Horizon.

Fintech & Ecommerce

Shopify Cuts 20% of Staff

Shopify announced its intention to lay off more than 2 thousand employees as part of efforts aimed at intensifying activities in the field of e-commerce.

News

Mavenir Raises $100 Million

Mavenir, a company that specializes in open radio access networks and related services for 5G networks, announced that it managed to attract investment funds for $100 million.

News

Starbucks’ US Loyalty Membership Increases 15%

The Starbucks loyalty program demonstrates growth in not the most favorable conditions for activating positive trends.