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Category Archives: Business

  • BDC Venture Capital Increases Canadian Technology Accelerator Program’s Footstep in US with DFAIT Partnership

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    By: Talha Bhatti  |  May 10th, 2013  |  Business, News, O Canada
    BDC-VC

    Technology accelerators that are guiding Canadian innovators have set up shop in several cities in the US including New York, Boston, Philadelphia and Silicon Valley. The different venues in North America help startups get the most exposure and increase their chances of survival. BDC Venture Capital is now taking these endeavors to the next level w...

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  • J.D. Power & Associates Study Claims Canadian Wireless Bills Have Climbed 13% In One Year

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    By: Talha Bhatti  |  May 10th, 2013  |  Business, News, O Canada, Smartphones
    Canada

    The latest J.D. Power & Associates Canadian Wireless Total Ownership Experience Study for 2013 shows that the average reported wireless monthly phone bill for users in Canada has taken a 13% jump to a $77 total. This is an increase of $9 from the previous year's J.D Power & Associates study. The

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  • Sony Commences Manufacturing of PlayStation 3 in Brazil

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    By: Ali Raza  |  May 9th, 2013  |  Business, Games, News

    Due to its economic policy, Brazil charges heavy taxes on imported devices which can be troublesome for electronics manufacturers like Sony. To avoid the big expense, the Japanese electronics manufacturer Sony started making its PlayStation 3 gaming console within the country rather than exporting it from Japan. This move would no...

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  • OUYA Secures $15 Million, Adds New Board Member and Announces Console Availability from June 25th

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    By: Ali Raza  |  May 9th, 2013  |  Android, Business, Games, News

    Android powered gaming console OUYA received its initial funding through Kickstarter campaign and declared on Thursday, May 9th that it has now successfully received $15 million in new funding from a round guided by The Mayfield Fund, Kleiner Perkins Caufield & Byers, Shasta Ventures, Occam Partners and NVIDIA. The gaming conso...

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  • Flagship Apple Store On 5th Avenue Floods Due to Leaky Roof

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    By: Ali Raza  |  May 9th, 2013  |  Apple, Business, News

    According to the latest report from the New York Post, the flagship Apple Store at 5th Avenue in Manhattan filled with water after heavy rains in the metropolis on Wednesday, May 8th. The report of the NY Post has revealed that the store was flooded due to a leak in the roof of the retail site. As a result of that water started to...

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  • Canadian Tire’s CTO Praises New BlackBerry 10 Devices

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    By: Ali Raza  |  May 8th, 2013  |  Business, News, O Canada, Smartphones

    BlackBerry has made a comeback in Canada with the launch of its latest BlackBerry 10 software and hardware, as its brand new smartphone, the all-touch Z10 and physical QWERTY keyboard enabled Q10, were warmly greeted by users. Moreover, this list of users not only includes individuals it also includes enterprise clients too w...

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  • QuickMobile Gets $3.2 Million in Funding from BDC IT Venture Fund and Vancity

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    By: Talha Bhatti  |  May 8th, 2013  |  Business, News, O Canada
    quickmobile 3.2 million funding

    Canadian startup, QuickMobile, has just announced that it has received $3.2 million of funding from BDC IT Venture Fund and Vancity. The Vancouver based firm will...

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  • Nest Labs Acquires MyEnergy to Help its Customers Keep Track of their Energy Usage

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    By: Ali Raza  |  May 8th, 2013  |  Business, News

    The maker of smart thermostats, Nest Labs, announced on Tuesday, May 7th that it has acquired MyEnergy. The acquisition will help Nest Labs give more information to its clients regarding energy usage, as MyEnergy provides an online service that keeps track of...

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  • German Court Strikes Down 8 of 15 Apple Privacy Terms for Gathering Customers Location Data

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    By: Ali Raza  |  May 8th, 2013  |  Apple, Business, News

    A statement from consumer group, Verbraucherzentrale Bundesverband, has revealed that a German court has told Apple on Tuesday, May 7th to change its customer data handling rules, as some of them are against the laws of the country. This statement from the consumer group was first reported by Bloomberg. The report also claimed tha...

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  • Foxconn Looking at “Life Far, Far Beyond Apple” – Report

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    By: Ali Raza  |  May 8th, 2013  |  Apple, Business, iOS, News

    In the past several observers have claimed that Apple’s long time partner Foxconn depends too much on the Cupertino-based company for its revenue, which could be judged from the fact that the Taiwan-based company has often saw a drop in its income whenever th...

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