Bell, big cable networks ask government to overrule CRTC on wholesale rates

Bell, big cable networks ask government to overrule CRTC on wholesale rates
TORONTO — Canada’s largest telecommunications companies formally asked the federal cabinet on Wednesday to overturn a regulatory decision that slashes what they can charge their smaller competitors for access to their high-speed fibre networks. BCE Inc.’s Bell Canada and a group of other carriers want the government to restore interim wholesale rates and order a further review by the Canadian Radio-television and Telecommunications Commission. They... Read More

Research, experimentation key to finding the right price for your Airbnb rental

Research, experimentation key to finding the right price for your Airbnb rental
Carolyn Hocquard wanted to make some extra cash to cover rent, when her mom moved out of their downtown Halifax home four years ago. So the social media and web design worker did what thousands in the country have done: rent their place to visitors for short stays using Airbnb. But before Hocquard could open her two spare rooms to... Read More

Disney Plus service arrives in Canada with a few technical hurdles

Disney Plus service arrives in Canada with a few technical hurdles
TORONTO — Disney Plus has arrived in Canada, becoming the newest player in the growing menu of TV options, but some users say they’ve encountered technical problems trying to access the streaming platform. A number of Canadians took to social media on Tuesday complaining they were unable to sign up for the service, which debuted a few hours earlier. Some posted screenshots of error messages that included characters... Read More

OpenText Corp. to buy cloud-focused Carbonite Inc. in US$1.42 billion deal

OpenText Corp. to buy cloud-focused Carbonite Inc. in US$1.42 billion deal
WATERLOO, Ont. — OpenText Corp. shares surged Monday after the company announced a US$1.42-billion deal to acquire Carbonite Inc. to strengthen its offerings in the highly competitive cloud-based software sector. The acquisition will be the ninth cloud-focused acquisition for Waterloo, Ont.-based OpenText, said company CEO Mark Barrenechea on a conference call Monday. “This places Open Text as a leading cloud consolidator.... Read More

Fiera Capital revenue up after acquisitions, net earnings down on closing costs

Fiera Capital revenue up after acquisitions, net earnings down on closing costs
MONTREAL — Fiera Capital Corp. says it swung to a loss in the third quarter, mainly because of higher expenses from recent acquisitions that closed in the quarter. “Our focus during the third quarter was on integrating our recently closed acquisitions and building a strong global operations and IT platform,” said company CEO Jean-Guy Desjardins in a statement Friday. Fiera has... Read More

Saudis recruited Twitter workers to spy on critics, US says

Saudis recruited Twitter workers to spy on critics, US says
SAN FRANCISCO — Saudi Arabia, frustrated by growing criticism of its leaders and policies on social media, recruited two Twitter employees to spy on thousands of accounts that included prominent opponents, U.S. prosecutors have alleged. A complaint unsealed Wednesday in U.S. District Court in San Francisco detailed a co-ordinated effort by Saudi government officials to recruit employees at the social... Read More

Telus raises dividend, reports third-quarter profit down from year ago mark

Telus raises dividend, reports third-quarter profit down from year ago mark
VANCOUVER — Telus Corp. reported its third-quarter profit slipped lower compared a year ago, but the company raised its quarterly dividend. The telecommunications firm says it will now pay a quarterly dividend of 58.25 cents per share, up from 56.25 cents per share. The increased payment to shareholders came as Telus reported net income of $440 million or 72 cents per share... Read More

Supreme Court set to hear Uber case with implications for gig economy

Supreme Court set to hear Uber case with implications for gig economy
OTTAWA — The Supreme Court of Canada is set to start to hear a case today brought by Uber with potentially significant implications for the gig economy. The company has challenged an Ontario Court of Appeal decision that found the company’s contract clause that requires arbitration, rather than allowing class-action lawsuits, was invalid and unconscionable. The lower court ruling came about after... Read More

DHX Media reports bigger Q1 loss due to reorganization and foreign exchange loss

DHX Media reports bigger Q1 loss due to reorganization and foreign exchange loss
HALIFX, N.S. — DHX Media Ltd. reported its first-quarter loss grew compared with a year ago as it was hit by one-time reorganization charges and a non-cash foreign exchange loss. The company, which is changing its name to Wildbrain, says the loss amounted to $16.0 million or 12 cents per share for the quarter ended Sept. 30 compared with a... Read More