Description: Vancouver-based holding company Tiny has stepped into the film space by acquiring 60% of the shares of Letterboxd. Letterboxd is a film rating service that also allows users to develop a diary of their film experiences. Letterboxd has over 10 million users, including a number of celebrities. Date: September 29, 2023 Source: ctvnews.ca Link:… Read more »
Posts Categorized: Financial Accounting
Moneris Back Online
Description: A service outage by online payment processor Moneris on Saturday caused all sorts of problems for retailers and their customers. Darren Leroux of Moneris said that the system outage was approximately 90 minutes, impacting both debit and credit payments. Moneris indicated that this outage did not appear to be related to any sort of… Read more »
Alberta Wants What?
Description: Half of the money in the Canada Pension Plan (CPP); that’s what Alberta wants for what it says is its share of the CPP. Not so fast, say experts. Before Alberta can withdraw it’s share out of the plan – if it even can – other Canadian provinces may have something to say about… Read more »
And Here Comes Another iPhone
Description: Wired is calling it a new era for Apple. The iPhone 15 had its splashy kickoff last week, and one big change is the lightning port has been replaced by the USB-C port, meaning all your Apple devices can now be charged with the same cord. On the Pro Max model, Apple has introduced… Read more »
Square Problem
Description: Payment processing company Square was facing problems on Thursday and Friday as customers were unable to access their accounts. Square has been a popular innovation for small vendors who use it to process payments from customers. The system outages also impacted Cash App, an application that is not available in Canada. Date: September 8,… Read more »
155,000 Public Servants On Strike
Description: On Wednesday morning we woke to the news that 155,000 federal public servants had gone on strike. While the union has been asking for a 13.5% increase spread over three years, the federal government’s best offer is pegged at 9%. The striking workers include 35,000 from the Canada Revenue Agency (CRA), raising potential problems… Read more »
Meteorite Money
Description: Sonic booms and a bright fireball that could be seen in broad daylight marked the crashing meteor that left a trail somewhere near the Maine-New Brunswick border last Saturday. And now, all you have to do is find a one kilogram piece of the space rock in the woods to earn yourself a $25,000… Read more »
Blackberry Sells Patents
Description: Blackberry, that Canadian company once known for its namesake phones, is now rebranded as a software and messaging security organization. Consistent with this outlook, Blackberry has sold-off patents it no longer considers part of its core business for the tidy sum of $900 million. Part of the compensation is based on future royalties of… Read more »
‘Immediately stop’
Description: When it comes to wearing a favourite clothing brand, the phrase ‘Immediately stop’ gets your attention, doesn’t it? Health Canada has told Canadians to immediately stop wearing certain big brand name Helly Hansen hoodies and sweaters due to concerns over non-compliance with regulations regarding flammability. Roughly 130,000 garments have been subjected to this product… Read more »
Nike Sues Lululemon
Description: Last Monday Nike Inc. announced it was suing Lululemon Athletica for an unspecified amount of damages. Nike’s claims allege four articles in Lululemon’s footwear lineup – Blissfeel, Chargefeel Low, Chargefeel Mid and Strongfeel – infringe on Nike patents. Last year Lululemon was on the other end of the legal argument when it settled a… Read more »