Bombardier to cut 1800 jobs in the wake of CSeries delays

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Bombardier (TSX:BBD.B) late Wednesday said that Bombardier Aerospace president and chief operating officer, Guy Hachey, is retiring and that the company will cut 1800 jobs. The news comes after extensive delays in the company’s narrow-body, twin-engine CSeries, which fell under Hachey’s charge. Last November, after a decade and more than $3.5-billion spent, the maiden voyage [...]

Budget tablet maker DataWind bouncing back after shaky start to public life

DataWind CEO Suneet Singh Tuli .

Shares of budget tablet maker DataWind (TSX:DW) are up strongly today, drawing the company nearer to its recent IPO price. Montreal-based DataWind, which was founded in 2001, began trading on the TSX on July 8th after completing an IPO of more than six-million shares at $4.75. The offering was led by Canaccord and included a [...]

Pimped Out “Coolest” Cooler Set to Break Kickstarter Record

With a modest goal of $50,000, the Coolest pushed through the $1.7 million mark on Day 2, and is about to smash through the $2 million mark on its third day listed on Kickstarter.

File under: “Zeitgeist: Tapping”, a Kickstarter campaign with a twist is making crowdfunding history. It’s a pimped-out cooler called the Coolest, with a blender and a USB charger and onboard speakers. If you’re camping this summer, the Coolest has instantly become your must-have gadget. (You’re salivating now, but you’ll have to wait for your Coolest [...]

Zecotek gets $7-million investment from Russia’s National Computer Company

The investment by Aquarius, a part of Russia`s National Computer Corporation values Zecotek's 3D division at (US) $35-million.

Most investors who know Vancouver’s Zecotek Photonics (TSXV:ZMS) do so because of its pending infringement case against giants Philips and Saint-Gobain, which alleges that Saint-Gobain’s LYSO crystals infringe Zecotek’s patent, and that Philips infringes by using those crystals in the PET scanners it sells. But a lesser known part of the company -its 3D imaging [...]

J.J. Abrams Tweets IMAX Camera Images While Shooting Star Wars

The tweeted photo was accompanied by the hashtag #bestformatever.

  Tweeting a photo from the set of the next Star Wars movie, director J.J. Abrams (@bad_robot) piqued the interest of both Star Wars geeks and IMAX enthusiasts worldwide. The tweeted photo was accompanied by the hashtag #bestformatever. Based in Toronto and Mississauga, the IMAX company was founded in 1968, after premiering a multi-screen format [...]

World Cup Data Traffic Running Smoothly On Accedian Networks Platform

The 2014 World Cup connects press centres with 12 stadiums and the airport, linked to transmission hubs based in São Paulo and Rio de Janiero.

Montreal software-defined network (SDN) service provider, and performance assurance solution vendor for mobile backhaul & small cells, Accedian Networks has been assigned the task of ensuring quality of service (QoS) for a mobile provider during the FIFA 2014 World Cup. In partnership with São Paulo-based partner HTCom, which operates in 20 Brazilian states, providing service [...]

ShopLocket Relaunches The Blueprint, Connecting Consumers with Stylish Hardware

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After being acquired in January by Cork, Ireland’s PCH International, Toronto e-commerce platform ShopLocket launched Blueprint in April, a sort of online trade publication meant to highlight best-in-class hardware in a magazine-style format, with an emphasis on good design, squarely aimed at up and coming hardware and device makers. And now Blueprint has been rebranded [...]

You Can Use Twitter to Control This Clearpath Robotics TwitBot

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With a mere 38% of internet traffic now the result of actual human behaviour, we may have to act soon to prevent total bot assimilation. Until that day comes, you can at least make a robot dance. Clearpath Robotics, which graduated from Waterloo’s Accelerator Centre in 2011, is celebrating five years in business by allowing [...]

Shocker: Amaya Gaming to acquire PokerStars and Full Tilt Poker brands for $4.9-billion

Quebec's Amaya will become the world's largest publicly traded on-line gaming company.

After being halted today when up 17.1% to $14.08, Amaya Gaming (TSX:AYA) this evening delivered transformative news. Amaya says it has reached a deal to acquire Oldford Group Ltd., the parent company of Rational Group Ltd., the world’s largest poker business and owner and operator of the PokerStars and Full Tilt Poker for a whopping [...]

Thalmic Labs Unveils Market Ready Version of Myo Armband

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It’s hard to believe that it’s been over a year since Waterloo’s Thalmic Labs announced the development of its game-changing Myo armband. Even the most jaded, skeptical watchers of the tech space couldn’t help but think, after watching that first Youtube video showing the Myo in action, “That is cool.” Since then, a lot has [...]