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Wi-LAN Spends $19 Million to Acquire Wireless Patents From Israeli Firm
0By: Kevin Green | October 2nd, 2012 | Business, News, O CanadaOttawa based firm, Wi-LAN Inc., reported on October 1 that it had spent $19 million to purchase over 150 patents and patent applications from Israeli business, Alvarion. The portfolio that WiLAN acquired from the Tel Aviv based company has a “broad applicability to 4G infrastructure and...
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BCIC-New Ventures Competition Awards $235,000 In Prizes
By: Talha Bhatti | October 1st, 2012 | Business, News, O CanadaIn Vancouver, Canada, the winners of the 12th annual BCIC-New Ventures Competition were announced on September 26. The BCIC sponsored event had an initial 146 applicants who went head to head for six months at the end of which the top companies are selected. A total of $235,000 in prize money was awarded to the winners with the top spo...
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Chamath Palihapitiya Invests $20 Million Into Toronto Based Xtreme Labs
By: Talha Bhatti | October 1st, 2012 | Business, Mobile Apps, News, O CanadaVenture Capitalists are always looking for opportunities to invest in technologies that will be important in the years to come. Many of these investment mavens have realized that mobile is the wave of the present and future however getting their hands on top developers in the mobile space is tough. The competition is so fierce that Chamath Palihapitiya has put $20 million of his own money into Tor...
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CBC Faces Uphill Battle Due To Budget Cuts And Competition From Private Sector
By: Talha Bhatti | October 1st, 2012 | Business, News, O CanadaAmid cuts in funding, the Canadian Broadcasting Corp. has made plans to pursue their “everyone, every way” plan which will attempt to encompass more digital delivery platforms in the next five years. CBC has had a shortfall of $24.6-million in 2011 and this number is expected to get worse as funding cuts were announced recently. Du...
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Patent Protection a Big Part of Ottawa Reverse Engineering Firm’s Business Models
By: Talha Bhatti | October 1st, 2012 | Apple, Business, News, O Canada, SmartphonesTo many people the technological wizardry that is used in modern devices like smartphones and tablets is not important as most consumers prefer simply to use their gadgets than to know how they work. However, there are are several stakeholders who want to know how new products entering the market work including manufactures, journalists and competitors. In order to get to the details of how a devi...
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LEAK: iPad Mini Pictures
By: Kuljit Grewal | October 1st, 2012 | Apple, Business, News, TabletsApple’s iPad is far and away the best-selling device in a rapidly growing tablet industry. The company’s success is likely to be further exacerbated by the introduction of the iPad Mini later this month. The 7.8” version of the popular tablet is likely to look extremely similar to the current big brother version due to the fact that the...
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Simon Cowell and Will.i.am Looking To Create X-Factor For Technology Entrepreneurship
By: Talha Bhatti | October 1st, 2012 | Business, NewsSimon Cowell is well known for TV shows that hunt for the top talent in the entertainment industry. His hit shows include popular names like American Idol which has spawned similar shows all around the world as well as his very own creation, X Factor. The former American Idol judge i...
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11-Year-Old Developer Wins $20,000 for Anti Texting While Driving App
By: Talha Bhatti | October 1st, 2012 | Android, Apple, iOS, Mobile Apps, News, SmartphonesAT&T is doing its part to reduce accidents and fatalities caused by people texting while driving by creating a mobile app to stop the illegal and dangerous activity. As part of its campaign, the American telecom giant also allowed participants at a Los Angeles hackathon to develop their own apps to solve the problem and announced a cash prize ...