Canada - page 4

Finance & Economics

Analyst Downgrades Royal Bank of Canada

Royal Bank of Canada (RBC) showed results in the third quarter that exceeded analysts’ expectations and forecasts, but the problems that the financial institution will face in the near future became a reason for one of the experts to downgrade the lender’s shares.

News

Canadian Prime Minister Criticizes Facebook for Blocking News

Canadian Prime Minister Justin Trudeau has criticized Facebook negatively, saying that this virtual platform has a system of priorities in which corporate profits are much more valuable compared to the safety of people.

News

Fintech Funding Plummets in Canada and Vietnam

These two countries have shown enormous levels of fintech funding decline in the first half of 2023

News

Monos CEO Says About Impact of Inflation on Costs of D2C Buyers

Victor Tam, CEO of Monos, a company that creates premium travel products, said that during the difficult macroeconomic situation, which so far shows no signs of improvement in the foreseeable future, many consumers refuse to make large purchases in the e-commerce space, preferring shopping during holiday sales.

News

Netflix Tests Its Games on TVs and Computers

Netflix on Monday, August 14, announced the start of testing its video games on more devices, including televisions and computers, in addition to smartphones on which games are already running.

News

Snapchat Reportedly Reaps Benefits From Creator Revenue-Sharing Program

Snapchat’s plan to distribute the income received as a result of the placement of advertising materials or the results of other activities to promote brand products, with content creators is likely to be effective and will bring significant benefits to the social network.

News

Yahoo Plans to Become Public Company Again

Yahoo may soon cease to be a private company.

Society & Lifestyle

Canada to Require Google and Meta to Pay for News

The Senate of Canada last Thursday, June 22, passed a bill according to which Google and Meta are obliged to provide the media with a fee for news materials distributed on the platforms of these companies.

News

Reddit Communities Adopt Alternative Forms of Protest

Numerous subreddits have switched to alternative forms of protest.

News

Thousands of Reddit Communities Go Dark to Protest Company’s New Policy

Thousands of Reddit forums closed on June 12, Monday, as part of a large-scale protest by users of this social media platform.

News

SoFi Debuts Student Loan Tool

SoFi presented a financial instrument through which consumers can repay student loans and at the same time save money for retirement.

News

AI Firm Cohere Raises $270 Million

The startup Cohere, which is engaged in developments in the field of artificial intelligence, has raised investment funds in the amount of $270 million from venture capital and strategic investors, including Oracle Corp. and Nvidia Corp.

News

DoorDash Takes Tip From Grubhub With Amazon Canada Partnership

Recognizing that the DashPass subscription growth strategy was aimed at organic channels rather than developing partnerships, DoorDash has changed its position on this issue.

Fintech & Ecommerce

Spreedly Launches Vault Solution

The company Spreedly announced the launch of a new solution for payment storage, which increases the success of transactions.

Fintech & Ecommerce

Robinhood Customers Shift to High-Yield Deposits Amid Banking Turmoil

Robinhood Markets reports that its customers are switching to high-yield deposits.

News

Telecoms and Amazon Dismiss Notion of Joint Wireless Effort

American telecommunications giants have refuted plans to establish partnerships with Amazon in order to provide cheap wireless communications to Prime users.