Medical pot company plugs web security flaw but privacy concerns persist

Medical pot company plugs web security flaw but privacy concerns persist
TORONTO — A prominent Canadian medical marijuana company took weeks to fix a website security weakness that could have allowed hackers to access a patient’s sensitive information. In an interview this week, the chief technology officer of Namaste Technologies said the changes were made late last month ahead of plans to roll out a complete reworking of the flawed application, which... Read More

Quebecor Q3 net income attributable to shareholder rises on wireless performance

Quebecor Q3 net income attributable to shareholder rises on wireless performance
MONTREAL — Quebecor Inc. is reporting that its net income attributable to shareholders increased almost five per cent to $186.7 million in the third quarter on strong wireless numbers and revenue growth. The Montreal-based media giant says it earned 80 cents per share for the quarter ended Sept. 30, up from 74 cents per share or $178.4 million a year prior.... Read More

Toronto stocks flat, U.S. stock markets mixed; Loonie edges lower

Toronto stocks flat, U.S. stock markets mixed; Loonie edges lower
TORONTO — Canada’s main stock index was flat in late-morning trading as gains in the financial sector were offset by losses in the energy, industrials and materials sectors. The S&P/TSX composite index was up 5.03 points at 15,374.46. In New York, the Dow Jones industrial average was up 35.36 points at 26,215.66. The S&P 500 index was down 3.39 points... Read More

Canadian tech companies look to cash in on cannabis with innovations and apps

Canadian tech companies look to cash in on cannabis with innovations and apps
TORONTO — One of John Lem’s first hints that the technology behind his DNA testing company Spartan Bioscience could be a hit with cannabis users came years ago when an executive asked him if genetics could have caused a bad reaction to pot. The question intrigued Lem so much that he eventually applied Spartan’s technology to a new Toronto-based venture called Lobo Genetics. Through Lobo, he created a... Read More

Money Monitor: How much pricier are organic groceries? Some items nearly on par

Money Monitor: How much pricier are organic groceries? Some items nearly on par
MONTREAL — Vanessa Baratta is cut up about purchasing organic produce. “Price factors into it now that I’m a homeowner. Beforehand I didn’t really care,” said the 29-year-old urban planner, reaching hesitantly for a package of pesticide-free mixed greens. “I used to go with mostly organic, but it’s much more expensive.” Baratta tries to eat and drink with an environmental... Read More

Facebook chooses Canada for Dating feature launch, but privacy concerns abound

Facebook chooses Canada for Dating feature launch, but privacy concerns abound
TORONTO — Mark Zuckerberg is ready to play matchmaker for Canadians. His company Facebook Inc. will aim to make its social media platform’s users more than just friends with a new dating feature that will mark its North American launch in Canada on Thursday. Facebook Dating, which was previously piloted in Colombia, operates with users creating profiles that are separate... Read More

Cavoukian: Waterfront Toronto not resisting smart city data demand

Cavoukian: Waterfront Toronto not resisting smart city data demand
TORONTO — Former Ontario privacy commissioner Ann Cavoukian said Waterfront Toronto has recently “expressed no resistance” to her demand for companies working with the organization and Alphabet Inc.-backed Sidewalk Labs on their Toronto smart city to commit to de-identifying data as it is obtained. Cavoukian has long been pushing for the measure and last month, went so far as to resign from her consultancy role... Read More

Telus reports Q3 profit and revenue up from year ago, raises dividend

Telus reports Q3 profit and revenue up from year ago, raises dividend
VANCOUVER — Telus Corp. reported a third-quarter profit of $447 million — up from $406 million a year ago — and raised its dividend. The company says it will now make a quarterly payment to shareholders of 54.5 cents per share, up from 52.5 cents. The profit amounted to 74 cents per share for the quarter ended Sept. 30, up from 68 cents... Read More

Tesla names new board chair in settlement with regulators

Tesla names new board chair in settlement with regulators
DETROIT — Tesla’s board has named one of its own as chairman to replace Elon Musk, complying with terms of a fraud settlement with U.S. securities regulators. The electric car and solar panel company’s board on Thursday named Australian telecommunications executive Robyn Denholm as chairman, effective immediately. Denholm will step down as chief financial officer and strategy head at Telstra,... Read More