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Byline: SEAN SILCOFF; Staff Wealthsimple Technologies Inc. is capping off the best year since its founding a decade ago with a secondary financing valuing the online investment manager at $5billion, [...]

Byline: SEAN SILCOFF; Staff A California judge has tossed out the lone claim against BlackBerry Ltd. CEO John Giamatteo in a harassment, discrimination and wrongful termination lawsuit brought against the [...]

Byline: SEAN SILCOFF; Staff Zymeworks Inc. has joined the slender ranks of Canadian biotechnology developers whose treatments have been approved for the coveted U.S. market, marking a milestone in the [...]

Byline: SEAN SILCOFF; Staff Dye & Durham Ltd. is putting a sale of the company on hold after a pair of institutional shareholders told its representatives they wouldn't vote in [...]

Byline: SEAN SILCOFF; Staff Dye & Durham Ltd. stock jumped Tuesday after news that Australia's PEXA Group Ltd. has made an informal bid for the Toronto real estate software company. [...]

Startup Jetson Home Inc. is a future-looking climate change play with ambitions to grow big by making heat pumps easier and cheaper to obtain, Stephen Lake was pegged for greatness early on. In 2011, the self-assured Scarborough, Ont., native was named one of the Next 36 – a group of entrepreneurial undergraduates selected by [...]

Byline: SEAN SILCOFF, JEFFREY JONES Stephen Lake was pegged for greatness early on. In 2011, the self-assured Scarborough, Ont., native was named one of the Next 36 - a group [...]

Byline: SEAN SILCOFF; Staff The long, strange trip to turn psychedelic drugs into approved medicines has hit a bad batch of developments in recent months. But two Canadian-incorporated companies developing [...]

Cybin, MindMed are set to launch expanded human studies after recent trial setbacks for Lykos, Compass, The https://www.theglobeandmail.com/business/article-medical-psychedelic-drugs-investors-companies/ has hit a bad batch of developments in recent months. But two Canadian-incorporated companies developing mind-altering treatments for chronic mental conditions maintain they are still on track to [...]

Byline: SEAN SILCOFF; Staff Dye and Durham Ltd. has unveiled a proposed slate of directors ahead of its annual general meeting, set for Dec. 17, and it is substantially different [...]

Four of its seven proposed directors at the Dec. 17 meeting would be newcomers to its board, Dye and Durham Ltd. https://www.theglobeandmail.com/investing/markets/stocks/DND-T/ has unveiled a proposed slate of directors ahead of its annual general meeting, set for Dec. 17, and it is substantially different than the legal-software [...]

Byline: SEAN SILCOFF; Staff Dye & Durham Ltd. has rejected a notice by activist shareholder Engine Capital LP to nominate an alternative slate of directors at D&D's Dec. 17 annual [...]

Engine Capital says it will refile notice by Wednesday to nominate six directors to seven-person board, Dye & Durham Ltd. https://www.theglobeandmail.com/investing/markets/stocks/DND-T/ has rejected a notice by activist shareholder Engine Capital LP to nominate an alternative slate of directors at D&D’s Dec. 17 annual meeting on technical [...]

Byline: SEAN SILCOFF; Staff Dye & Durham Ltd. has twice attempted to use a Competition Bureau investigation into the company to entrench management and directors in the face of a [...]

It’s been a tumultuous year for D&D, which since last fall has faced four governance challenges, refinanced its high debt, cut staff and launched a strategic review that could lead to the company’s sale, Dye & Durham Ltd. https://www.theglobeandmail.com/investing/markets/stocks/DND-T/ has twice attempted to use https://www.theglobeandmail.com/business/article-competition-bureau-sets-sights-on-dye-durham-years-after-company/ to entrench management and directors in the face of a governance challenge by an activist shareholder, documents filed with [...]

Byline: SEAN SILCOFF; Staff Dye & Durham Ltd. stock tumbled 12.5 per cent Thursday after Canada's Competition Bureau revealed it was investigating alleged anti-competitive conduct by the Toronto real estate [...]

Byline: SEAN SILCOFF; Staff Lightspeed Commerce Inc. stock jumped Thursday after it beat forecasts in its second-quarter results and increased its earnings outlook for the year. The company also cancelled [...]

D&D has had a tumultuous year, facing governance challenges, refinancing its high debt and launching a strategic review, Dye & Durham Ltd. https://www.theglobeandmail.com/investing/markets/stocks/DND-T/ stock tumbled 12.5 per cent Thursday after Canada’s Competition Bureau revealed it was investigating alleged anti-competitive conduct by the Toronto real estate software company. The [...]

The company also cancelled a capital markets day with analysts and investors set for later this month, Lightspeed Commerce Inc. https://www.theglobeandmail.com/investing/markets/stocks/LSPD-T/ stock jumped Thursday after it beat forecasts in its second-quarter results and increased its earnings outlook for the year. The company also cancelled a capital markets [...]

Byline: SEAN SILCOFF, ANN HUI The federal government has decided not to ban TikTok use in Canada but is ordering parent ByteDance Ltd. to shut its domestic subsidiary. Innovation, Science [...]

TikTok spokeswoman says forcing a shutdown of the Canadian operation ‘and destroying hundreds of well-paying local jobs is not in anyone’s best interest’, The federal government has decided not to ban TikTok use in Canada but is ordering parent ByteDance Ltd. to shut its domestic subsidiary. Innovation, Science and Industry Minister François-Philippe Champagne [...]

Byline: SEAN SILCOFF; Staff Dye & Durham Ltd.'s main shareholder antagonist is escalating its governance battle with the legal-software company, proposing a near-full rival slate of directors for next month's [...]

Engine Capital doubles prior plan to replace three directors in new filing, Dye & Durham Ltd.’s https://www.theglobeandmail.com/investing/markets/stocks/DND-T/ main shareholder antagonist is escalating its governance battle with the legal-software company, proposing a near-full rival slate of directors for next month’s annual general meeting. [...]

Byline: SEAN SILCOFF; Staff Open Text Corp. stock sank Thursday over concerns about the enterprise software vendor's declining revenue. Open Text reported revenue of US$1.27-billion in its fiscal first quarter [...]

CEO pledges company will still grow revenues by 1 per cent this fiscal year despite negative first-half growth, Open Text Corp. https://www.theglobeandmail.com/investing/markets/stocks/OTEX-T/ stock sank Thursday over concerns about the enterprise software vendor’s declining revenue. Open Text reported revenue of US$1.27-billion in its fiscal first quarter ended Sept. 30, [...]

Comments come as Ottawa software company, which faces calls from some investors to sell, continues to generate sluggish sales growth, Kinaxis Inc. https://www.theglobeandmail.com/investing/markets/stocks/KXS-T/ executive chair Robert Courteau signalled Thursday that the Ottawa supply chain software company’s board is open to receiving takeover bids as part of a continuing strategy review. [...]

Byline: SEAN SILCOFF; Staff WorkFusion Inc. was supposed to be a big winner for venture capital firm Georgian Partners Growth LP. The Toronto firm had been looking to back fastgrowing [...]

The early Shopify backer has written down more than two dozen holdings – including four total writeoffs – this year, WorkFusion Inc. was supposed to be a big winner for venture capital firm Georgian Partners Growth LP. The Toronto firm had been looking to back fast-growing startups that used https://www.theglobeandmail.com/topics/artificial-intelligence/ [...]

Byline: SEAN SILCOFF; Staff Six years after shelling out US$1.4-billion to buy California cybersecurity company Cylance Inc., BlackBerry Ltd. says it may sell the chronic money-loser as part of its [...]

Cylance became a money pit as BlackBerry spent years building out the startup’s competitive capabilities to catch up with the market. The unit is set to lose US$50-million on roughly US$90-million in revenues this fiscal year and still requires years of significant investment, Six years after shelling out US$1.4-billion to buy California cybersecurity company Cylance Inc., BlackBerry Ltd. https://www.theglobeandmail.com/investing/markets/stocks/BB-T/ says it may sell the chronic money-loser as part of its pivot to investing [...]

Byline: SEAN SILCOFF; Staff Dye & Durham Ltd. has made peace with one of its dissident shareholders, giving it a seat on the company's seven-person board and sway over the [...]

But two other dissidents – Engine Capital and ex-chairman Tyler Proud – still seeking board changes, Dye & Durham Ltd. https://www.theglobeandmail.com/investing/markets/stocks/DND-T/ has made peace with one of its dissident shareholders, giving it a seat on the company’s seven-person board and sway over the nomination of another [...]

Byline: SEAN SILCOFF; Staff Toronto's MaRS Discovery District has axed 19 positions, marking the second round of job cuts this year, in line with an attempt to reset the innovation [...]

Byline: JOE CASTALDO; Staff Today, some companies are still figuring out what, if anything, to do with generative artificial intelligence. But AI developers are charging ahead with the next big [...]

Toronto-based incubator eliminates 19 positions, with CEO Alison Nankivell claiming organization was ‘overly complicated’, Toronto’s MaRS Discovery District has axed 19 positions, marking the second round of job cuts this year, in line with an attempt to reset the innovation support organization’s business model [...]

Byline: Clare OHara, Sean Silcoff Online bank challenger Koho Financial Inc. is bolstering its case to become a Schedule 1 Canadian bank by raising $190million in equity and debt to [...]

Canadian fintech was one of the last tech companies to go public in the 2020-21 bubble. Now, it’s the top performing stock of the group by wide margin, Propel Holdings Inc. https://www.theglobeandmail.com/investing/markets/stocks/PRL-T/ was one of the last Canadian technology companies to go public before a boom for new issues cratered in the fall of 2021 during the height [...]

Byline: SEAN SILCOFF, ANDREW WILLIS Lightspeed Commerce Inc. stock continued to rise Thursday after news that the company is exploring a sale, while analysts identified a long list of potential [...]

The point-of-sale software provider’s stock is up after news that it’s exploring a sale, with analysts expecting a long list of potential suitors, Lightspeed Commerce Inc. https://www.theglobeandmail.com/investing/markets/stocks/LSPD-T/ stock continued to rise Thursday after news that the company is exploring a sale, while analysts identified a long list of potential suitors for the Montreal [...]

Byline: SEAN SILCOFF; Staff An activist investor pushing to overhaul Dye & Durham Ltd.'s board is offering to drop its request for a special meeting since it is likely to [...]

Byline: ANDREW WILLIS, SEAN SILCOFF Lightspeed Commerce Inc. is officially up for sale, the latest in a series of Canadian tech companies to consider going private following a stock market [...]

After a judge ruled last week on shareholders seeking to remove a director, D&D rescheduled the special meeting to around the time it typically holds its annual general meeting, An activist investor pushing to overhaul Dye & Durham Ltd.’s https://www.theglobeandmail.com/investing/markets/stocks/DND-T board is offering to drop its request for a special meeting since it is likely to happen close to [...]

The board of the Montreal-based point-of-sale software vendor has hired JP Morgan Chase & Co. to run a strategic review of the business that includes a potential sale, source says, Lightspeed Commerce Inc.https://www.theglobeandmail.com/investing/markets/stocks/LSPD-T/ is officially up for sale, the latest in a series of Canadian tech companies to consider going private following a stock market slump after pandemic restrictions were [...]

Byline: SEAN SILCOFF; Staff Paper Education Co. Inc.'s chief operating and technology officer, Roberto Cipriani, has resigned from the struggling online-tutoring company at the end of a summer that saw [...]

Chief operating and technology officer Roberto Cipriani follows former CEO Philip Cutler out of management ranks, Paper Education Co. Inc.’s chief operating and technology officer, Roberto Cipriani, has resigned from the struggling online-tutoring company at the end of a summer that saw steep job cuts and [...]

Byline: SEAN SILCOFF; Staff BlackBerry Ltd. has asked a California court to toss out much of a harassment and discrimination lawsuit against the company and chief executive officer John Giamatteo [...]

The suit was brought against the company and CEO John Giamatteo by its former chief marketing officer, BlackBerry Ltd.https://www.theglobeandmail.com/investing/markets/stocks/BB-T/ https://www.theglobeandmail.com/investing/markets/stocks/BB-T/ has asked a California court to toss out much of a harassment and discrimination lawsuit against the company and chief executive officer John Giamatteo brought by its [...]

Byline: SEAN SILCOFF; Staff An Ontario Superior Court judge has complicated, but not blocked, efforts by ex-Dye & Durham Ltd. chairman Tyler Proud to remove his nominee to the board. [...]

Byline: SEAN SILCOFF; Staff Kinaxis Inc. has hired investment banker Goldman Sachs to advise the company on maximizing shareholder value after recent challenges at the Ottawa software company that have [...]

Activist investor says current strategic course is ‘irresponsible,’ calls for company to consider sale process, Kinaxis Inc. https://www.theglobeandmail.com/investing/markets/stocks/KXS-T/ has hired investment banker Goldman Sachs to advise the company on maximizing shareholder value after recent challenges at the Ottawa software company that have weighed on the [...]