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Technology

U.S. to pay US$375m for Vancouver-linked COVID-19 therapeutic

U.S. to pay US$375m for Vancouver-linked COVID-19 therapeutic

What happened: American government purchasing COVID-19 treatment developed in part by B.C. biotech Why it matters: The therapeutic antibody was developed amid sizeable investment from Ottawa The U.S.
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Vancouver’s Shahrzad Rafati regains control of BroadbandTV through $172m IPO

Vancouver’s Shahrzad Rafati regains control of BroadbandTV through $172m IPO

What happened: BBTV goes public, raising $172m, in one of the largest tech IPOs on the TSX Why it matters: The offering allows the Vancouver firm to take back a controlling stake in BroadbandTV One of Vancouver’s largest tech companies is firmly back
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Canadian businesses overconfident about data security: survey

Canadian businesses overconfident about data security: survey

Customers will tell others of poor performance, possibly sue
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Vancouver fintech Lendesk acquires fellow mortgage player Finmo

Vancouver fintech Lendesk acquires fellow mortgage player Finmo

What happened: Vancouver tech firm specializing in helping mortgage brokers has made an acquisition Why it matters: Deal comes at a time low interest rates are keeping real estate sales relatively brisk even amid pandemic A Vancouver fintech is pumpi
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B.C. firms cash in on increased appetite for tech IPOs

B.C. firms cash in on increased appetite for tech IPOs

BBTV, East Side Games aim to raise more than $300m as pandemic boosts tech adoption
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BBTV prices shares at $16 each for $172m IPO

BBTV prices shares at $16 each for $172m IPO

What happened: BBTV reveals share price for upcoming initial public offer Why it matters: The IPO is aimed at giving the company greater control of Vancouver’s BroadbandTV BBTV Holdings Inc.
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B.C. tech tapped for consumer behaviour data

B.C. tech tapped for consumer behaviour data

Guinness and other top brands seeking insights to keep pace with major marketplace shifts
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COVID-19 ‘exacerbating’ Canadian startups’ ability to innovate: report

COVID-19 ‘exacerbating’ Canadian startups’ ability to innovate: report

Experts urge government to push new incentives and encourage startups to expand globally
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Canadians increased tech buying as pandemic deepened

Canadians increased tech buying as pandemic deepened

Cybercrooks took advantage of Canadians’ pandemic online activity
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Ballard sells off drone division after five years

Ballard sells off drone division after five years

What happened: B.C. fuel-cell company divests its drone assets Why it matters: UAVs were meant to be a long-term play for Burnaby-based Ballard Ballard Power Systems (TSX: BLDP) is letting its drone business fly off into the sunset.
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