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Canada’s big banks, insurers to face tougher cyber tests

Howard Solomon -
Canada’s financial regulator is urging the country’s biggest banks and insurance companies to perform a new controlled threat assessment of their cyber resilience every...

CleanTech North event probes complex world of tax credits

Paul Barker -
There appears to be much to be excited about as far as cleantech initiatives go following the release of last week’s federal budget. But...

Rogers boosts earnings guidance as merger completes

Ashee Pamma -
Last Friday, Industry minister François-Philippe Champagne approved the transfer of Freedom Mobile’s wireless spectrum licenses to Vidéotron, the pre-conditional deal on which the two-year...

Rogers details potential financial woes if merger with Shaw is not completed by deadline

Ashee Pamma -
Rogers released its annual financial report yesterday, in which it painted a happy future together with Shaw. But the report also detailed the colossal...

Record $117M funding for Scale AI supporting 15 AI projects

Renaud Larue Langlois -
Montreal-based Scale AI announced recently that it has completed a $117 million financing round, its largest to date. This funding will support 15 AI...

Rogers confident to face increased competition after robust Q4 earnings

Ashee Pamma -
Last week, Rogers announced its fourth quarter earnings, reporting a 25 per cent increase in net income to C$508 million, up from C$405 million...

A bad day for Intel as rating lowered … but a great day for AMD

Paul Barker -
Following an announcement that Intel Corp.’s executive team will slash their salaries by up to 25 per cent and cut employees’ pay by five...

Good news-bad news scenario for Ericsson, firm’s latest financials reveal

Paul Barker -
There was a mix of good news and alarmingly bad news in Ericsson’s Q4 2022 results, as the Swedish telecom’s revenues were up significantly...

Global IT spending to total over US$4 trillion in 2023: Gartner

Ashee Pamma -
According to the latest forecast by Gartner Inc., worldwide information technology spending is set to grow by 2.4 per cent, totaling US$4.5 trillion in...

Government of Canada invests C$360 million in new National Quantum Strategy

Ashee Pamma -
Today at the Perimeter Institute in Waterloo, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry announced the launch of the National Quantum...

Will Avaya end up going the way of Nortel? Analyst says it could happen

Paul Barker -
A veteran communications and telecom analyst has likened what is currently happening to Avaya Holdings Corp. to that of the final downfall of Ottawa-based...

Salesforce leaders make their predictions for 2023

Ashee Pamma -
Tech leaders at customer relationship management company Salesforce have shared their top IT predictions, based on market analysis and customers’ perspectives. Salesforce execs provided...

Sell-off of Avaya product lines a real possibility if Chapter 11 filing occurs, says analyst

Paul Barker -
News that Avaya Holdings Corp. could imminently file for Chapter 11 bankruptcy protection means that both channel partners and corporate clients are watching anxiously...

Reports reveal Avaya Holdings nearing Chapter 11 bankruptcy filing

Paul Barker -
There is trouble ahead for Avaya Holdings Corp., with reports indicating that it would likely soon file for bankruptcy protection. According to Reuters, the Wall...

Global government IT spending to exceed $580 billion in 2023: Gartner

Ashee Pamma -
In 2023, worldwide government spending will increase by 6.8 per cent over 2022, with a total budget of US$588.9 billion, Gartner Inc. predicts, as...
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Channel Bytes September 22, 2023 – Cisco to acquire Splunk; MapleSEC registration open; Aptum releases part 2 of cloud impact study; and more

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Rogers leverages AI and SpaceX technology to fight wildfires in British Columbia

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Lenovo introduces new solutions for edge AI workloads

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Air Canada admits hack of employee data

Security Howard Solomon -
Canada’s national airline has admitted suffering what is says...

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