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Canadian Firm 20-20 Technologies Acquired by Vector Capital Corp. for $77 Million
0By: Kuljit Grewal | August 1st, 2012 | Business, News, O CanadaMontreal based 20-20 Technologies Inc. has been acquired by San Francisco private equity firm Vector Capital Corp. The acquisition is valued at $4 per share or $77 million overall. The company specializes in world class software for computer-aided interior design and furniture manufacturing. The overall acqu...
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Corus Linking Up With Rogers, Shaw and CBC for Online Ad Revenue
By: Kuljit Grewal | August 1st, 2012 | Business, News, O CanadaAn alliance known as the Canadian Premium Audience Exchange (CPAX) has been forged between some of Canada’s largest broadcasting companies. Toronto’s Corus Entertainment Inc. has buddied up with Rogers Communications Inc., Shaw Communications Inc. the ...
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WORD IS: New iPhone to be Announced September 12
By: Kuljit Grewal | August 1st, 2012 | Apple, Business, News, SmartphonesAccording to two sources with knowledge on the matter, Apple Inc. will be announcing their most anticipated device ever; the iPhone 5 on September 12 of this year. The fall date is in line with some of the company’s previous product launches, allowing the holiday season to drive sales numbers. The revamped device is expected to feature a larger sc...
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Enterprise Cloud Solution Box Raises $125 Million for a $1 Billion Plus Valuation
By: Kuljit Grewal | August 1st, 2012 | Business, NewsCloud storage solution company Box, which is targeted specifically at business and enterprise users has raised a substantial growth round of $125 million according to AllThingsD. The funding, which was lead by Gene...
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Chinese E-Commerce Giant is Looking to Raise a Whopping $8 Billion
By: Kuljit Grewal | July 31st, 2012 | Business, NewsAccording to the NY Times, The Alibaba Group is close to securing an $8 billion funding round, valuing the company at an impressive $43 billion in equity. According to parties in the know, the Chinese company is looki...
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Canadian Entrepreneur Accuses Twitter of Hijacking His Concept
By: Kuljit Grewal | July 31st, 2012 | Business, News, O Canada, Social MediaHoward Lindzon, the founder of StockTwits, a service that organizes investment information from Twitter has got a major bone to pick with Twitter. The company, which deploys “cashtags” – hashtag style metadata tags that begin with the “$” symbol rather than the h...
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Zynga Is In Hot Water In More Ways Than One
By: Kuljit Grewal | July 31st, 2012 | Business, Games, Mobile Apps, NewsFacebook game maker Zynga would probably like to call a timeout right about now. Not only has the company stock dropped from a $10 IPO price to a much less awesome $2.95 as of today, but the social game maker has now been hit with insider trading allegations. According to
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HootSuite Adds Evernote, Storify and Zendesk to Their App Directory
By: Kuljit Grewal | July 31st, 2012 | Business, O Canada, Social MediaVancouver’s dashboard style social media management company HootSuite have added some firepower to their service. Having introduced an app directory featuring plugins that work to enhance the dashboard experience for their nearly 5 million customers in late 2011, the company has now integrated three notable third party applications to their repertoire. All of the aforementioned plugins are fr...