Canada might be a great place to live, that is – if you can afford it. The infamous Canadian housing bubble made real estate prices surge 10x times higher than one’s average annual income, while mortgage payments may take about 97% of the household earnings.
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.
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.
These two countries have shown enormous levels of fintech funding decline in the first half of 2023
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.
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.
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.
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.
Numerous subreddits have switched to alternative forms of protest.
Thousands of Reddit forums closed on June 12, Monday, as part of a large-scale protest by users of this social media platform.
SoFi presented a financial instrument through which consumers can repay student loans and at the same time save money for retirement.
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.
Recognizing that the DashPass subscription growth strategy was aimed at organic channels rather than developing partnerships, DoorDash has changed its position on this issue.
The company Spreedly announced the launch of a new solution for payment storage, which increases the success of transactions.
Robinhood Markets reports that its customers are switching to high-yield deposits.
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