business
Bell Canada parent company slashing nearly 700 jobs as part of ongoing reorganization
Bell Canada’s parent company, BCE, has confirmed it is cutting another 690 jobs as part of a reorganization effort that began late last year. Source link
What it will take to restore global energy flow — and bring down gas prices
U.S. President Donald Trump says “let the oil flow.” But actually getting global oil markets back to anything close to normal will take time, money and pose an immense logistical challenge. Source link
Fox agrees to buy streaming pioneer Roku for $22 billion
The deal gives Fox access to more than 100 million households already using Roku, and will help the traditional TV giant push further into the world of streaming. Source link
Global stocks soar and oil prices drop as U.S., Iran reach tentative deal to end war
Oil prices fell more than $4 US a barrel on news of a deal to end the fighting, as world markets responded positively to the developments. Wall Street futures also pointed up before the opening bell. Source link
Anthropic says it has taken its latest AI models offline to comply with U.S. directive
AI giant Anthropic said on Friday it has taken its latest artificial intelligence models, known as Fable 5 and Mythos 5, offline to comply with a directive from the Trump administration to prevent their use by foreign nationals. Source link
Ottawa has struggled to increase grocery competition. Will the new food strategy help?
The federal government has pledged $3 billion which it says will add more food terminals in Canada, help the Competition Bureau sniff out and penalize anticompetitive behaviour, and help Canada produce more of its own food. Independent grocers say it’s a step in the right direction when it comes to helping them compete, but won’t […]
SpaceX stock jumps after record IPO, making Musk the first trillionaire
SpaceX jumped over 20 per cent in its Nasdaq debut on Friday, making the company worth more than $2 trillion US, and leading Forbes to estimate CEO Elon Musk’s net worth at $1.1 trillion US. It’s expected to be included in the Nasdaq 100 within weeks, making it a major holding for passive funds and […]
SpaceX kicks off wave of monster IPOs: What to know about companies going public
IPOs like SpaceX, Anthropic and OpenAI have dominated headlines lately, as a number of high-profile private companies announced they will become publicly traded firms. The hype is hard to ignore — but could these IPOs fall flat? Source link
Grok's sexual deepfakes violated Canadian privacy law, says privacy commissioner
After launching an investigation in January to examine the proliferation of sexual deepfakes on X, Canada’s privacy commissioner says Grok’s AI image generation tool was launched without adequate safeguards and didn’t properly consider harms to privacy. Source link