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Toronto-Based Thomvest and New York-Based Cartesian Capital Jointly Acquires Public Mobile
0By: Jeff Stewart | June 7th, 2013 | Business, News, O Canada
Mobilicity was not the only wireless telecom carrier in Canada that was up for sale, as another wireless startup Public Mobile was also looking to wind up its business in the country. After finally completing all legal formalities, Public Mobile was able to find not one but two buyers, as two private equity firms...
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Stealth Startup Breather Seizes $1.5 Million from Real Ventures and Others Even Before Public Launch
By: Jeff Stewart | June 6th, 2013 | Business, News, O Canada
Even though Breather has not launched its services publicly, the stealth startup has managed to secure a whopping $1.5 million as a result of a seed funding round that was concluded on Wednesday, June 5th. The seed round of Breather was guided by Canada-based Real Ventures with contributions also coming from Gary Vaynerchuk, Mike Walsh, an investor of Uber and Loic Le Meur. With this funding round...
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Canada-Based Startup Coding Jar Launches First Indie Game On Windows 8 Instead of BlackBerry and Others Popular Platforms
By: Ali Raza | June 6th, 2013 | Android, Business, iOS, News, O Canada
Renowned developer and consultant, Jodon Karlik, always had a great love for video games. In fact it was his dream to develop games and he finally got the chance to live his dream. He founded a startup by the name of Coding Jar in 2011 to create independent games. Karlik’s hard work paid off, as two years after foundin...
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PROFIT 500 Highlights Canada’s Fastest Growing Companies While Showing Male Domination At CEO Position
By: Talha Bhatti | June 4th, 2013 | Business, News, O Canada
After 25 years of publishing a list of Canada’s Fastest-growing Companies, Profit Magazine has changed up its 25th annual ranking and release the PROFIT 500. The new name also reflects a change in what these company represent and according to the publishers these firms hav...
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Canadian Telecom Carriers Warn New CRTC Wireless Code will Increase Two-Year Contract Prices
By: Jeff Stewart | June 4th, 2013 | Business, News, O Canada
CRTC announced its new Wireless Code on Monday, June 3rd. The much anticipated regulation will change the way telecom carriers used to provide wireless services to their customers in Canada. The new code will enable users to terminate their contract with a carrier after two years and that too without facing any penalties. In...
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Avigilon Buys RedCloud Security In $17 million Deal
By: Talha Bhatti | June 3rd, 2013 | Business, News, O Canada
Avigilon Corporation, the Canadian firm that just introduced the world to the smallest HD dome camera, has stated that it has bought web-based, physical and virtual access control system developer RedCloud Security. The Vancouver-based firm says that its acquisition adds "a complem...
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Canadian Startup The Transit App Gets 35,000 Downloads in Just Three Days
By: Talha Bhatti | June 3rd, 2013 | Business, Mobile Apps, News, O Canada
Mobile apps look for instant success to help them build a large user base. The Canadian developers that created a public transportation app called The Transit App have just hit a similar jackpot after just being live for 72 hours. The app has been downloaded 35,000 and the Montreal-based even got a boost from Funkmaster Flex who asked his...
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BlackBerry to Launch the Q10 in India on June 6th – Rumour
By: Ali Raza | June 3rd, 2013 | Android, Apple, iOS, News, O Canada, Smartphones
Rumours have stated that T-Mobile is launching the QWERTY keyboard enabled BlackBerry Q10 on June 5th. Now according to the latest speculation the new BlackBerry 10 smartphone will make its debut in India a day after it is to be launched by T-Mobile. In fact, the Waterloo-based company has already sent the invitations of the ...
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Magimic Anounces $4 Million Fund For Canadian Startups at Ottawa International Games Conference
By: Talha Bhatti | June 1st, 2013 | Business, Mobile Apps, News, O Canada
Many startups in Canada complain that there is not enough capital in the country to help fund innovation. Game developer, Magmic, is trying to ease the monetary crunch and utilize Canadian innovation to develop commercially viable products by launching its own $4 million fund. The Ottawa-based firm made the news public at the recently concluded...
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Thief Drags Toronto-Based Actor With Car in Effort to Snatch his iPhone
By: Ali Raza | June 1st, 2013 | Apple, iOS, News, O Canada, Smartphones
Apple’s iPhone surely has a huge demand in Canada, but the theft of the iOS-based smartphone is also on the rise in the country. Due to rise in this crime, recently a Toronto-based actor, Jeff Hanson had to suffer severe injuries, as he was dragged along with a car when a thief tried to steal his iPhone. Recalling the incident, ...
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