BuzzFeed to open Toronto office

buzzfeed

“Are you a Kessel or a Phaneuf?” “19 Signs You Are From Scarborough”. Expect these kinds of headlines and more like them to soon compete for your attention. BuzzFeed, the controversial pop news site, will open an office in Toronto this spring. Betakit reports that at the DX3 conference in Toronto, BuzzFeed’s VP of Global […]

Insider buying at theScore

theScore President and COO Ben Levy

Shares of theScore (TSXV:SCR) have doubled since last October, but one insider thinks there is still upside in the stock. theScore President and COO Ben Levy made two purchases of the stock in the open market recently. On March 11th, Levy bought 50,000 shares of theScore at $0.58, and later that day he bought 50,000 […]

Gigaom to shut down after running out of cash

gigaom

“Goodnight Sweetheart.” Gigaom, the pioneering tech site founded in 2006 by the affable Om Malik, has told its staff it will shut down, effective immediately. Management just posted this to its website. “A brief note on our company Gigaom recently became unable to pay its creditors in full at this time. As a result, the […]

The Geek’s Reading List: Week of March 6, 2015

glasses

This another slow week for tech news – Most of the news was associated with relatively unimportant announcements regarding product releases or business strategies. We thought the announcement of Alcatel’s new phone was significant simply because it reiterates an important trend towards cheap but highly functional smartphones which will put significant pressure on manufacturers’ earnings. […]

The Geek’s Reading List: Week of February 20th, 2015

icar apple

This was a very slow week for tech news – News was dominated by rumors – which developed into speculation and then into “fact” Apple was going to start manufacturing cars. Why the world’s largest company, which operates a business model involving subcontracting, would want to enter a low margin, capital intensive business is probably […]

OpenText wins minor settlement in Box infringement case

Box CEO Aaron Levie.

OpenText (TSX:OTC) today announced that a San Francisco Federal Court jury found that both Box Inc. and Carahsoft Technology Corp infringed on its patents. The court awarded the Waterloo-based company a settlement of less than $5-million. “We are pleased the jury has vindicated Open Text’s position that the three file synchronization/edit patents were both infringed […]