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Bitcoin briefly touches all-time high before retreat

Bitcoin briefly touches all-time high before retreat

TORONTO — Bitcoin briefly touched an all-time high Tuesday of more than US$69,000 before losing thousands of dollars of value within hours.
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Financial watchdog Fintrac hit by cyberattack, classified systems not involved

Financial watchdog Fintrac hit by cyberattack, classified systems not involved

TORONTO — Canada's financial intelligence agency says it has been hit by a cyberattack.
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Vancouver’s Thinkific turned the profit corner in last quarter of 2023

Vancouver’s Thinkific turned the profit corner in last quarter of 2023

Online teaching platform company increased revenue 13% over 2022
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B.C. Supreme Court approves $14.4-million settlement of iPhone class-action lawsuit

B.C. Supreme Court approves $14.4-million settlement of iPhone class-action lawsuit

VANCOUVER — The British Columbia Supreme Court has approved a countrywide multimillion-dollar settlement of a class-action lawsuit against Apple over software updates that allegedly slowed down older iPhones. "We're pleased with the results," said K.
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AI will increase incomes for high-wage earners, but inequality will grow, IMF study warns

AI will increase incomes for high-wage earners, but inequality will grow, IMF study warns

It’s not an exaggeration to say that AI is going to remake the economy and the labour market at a pace that will leave policymakers scrambling to keep up
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Vancouver’s Stemcell continues American biotech buying spree

Vancouver’s Stemcell continues American biotech buying spree

Acquisition of SQZ Biotechnologies is second this year
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Supreme Court of Canada says a computer user's IP address deserves privacy protection

Supreme Court of Canada says a computer user's IP address deserves privacy protection

OTTAWA — The Supreme Court of Canada says police need judicial authorization to obtain a computer user's internet protocol address, calling the identification number a crucial link between a person and their online activity.
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Moment Energy gives electric-vehicle batteries a second life

Moment Energy gives electric-vehicle batteries a second life

Coquitlam-based Moment Energy’s headcount has grown 10 times over in four years
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MPs summon CEOs of Rogers, Bell and Telus to appear at committee about phone prices

MPs summon CEOs of Rogers, Bell and Telus to appear at committee about phone prices

MPs have voted unanimously to summon the chief executives of Canada's three largest telecommunications companies to testify at a federal committee as it studies the accessibility and affordability of wireless and broadband services.
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Electronic Arts cutting about 5% of workforce with layoffs ongoing in gaming and tech sector

Electronic Arts is cutting about 5% of its workforce, or approximately 670 employees, as layoffs in the technology and gaming sector continue after a surge of hiring in recent years.
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