Slack Is Secure, Says Stewart Butterfield

Butterfield: "“Slack is the same as every widespread email system, your medical records, all the information that government stores about you, all your banking and financial information, everything in Facebook, Twitter, etc."

On Friday at 11:39am (PST), Slack sent out a notification to users, letting them know that a “security incident” had taken place “during a period of approximately four days in February.” During the security breach, information kept in Slack’s database, which includes user names, email addresses, “and one-way encrypted (hashed) passwords”, not to mention “information […]

Espial spikes after winning third RDK contract

espialrdk

Shares of Espial (TSX:ESP) are up today after the company announced it had landed an unnamed European cable operator as a client for its Reference Design Kit (RDK). Espial says the “major” cable operator serves 1.5-million households and will license its G4 client software for DVB/IP set-top boxes, user experience and Espial’s back-office service management […]

theScore gets buy rating, $1.00 target at Mackie Research Capital

thescore

theScore (TSXV:SCR) is undervalued, says Mackie Research Capital analyst Nikhil Thadani. In a research report to clients today, Thadani initiated coverage of theScore with a “Buy” rating and a one year target price of $1.00, implying a return of 52% at the time of publication. Thadani says he likes the company’s move into fantasy sports […]

Keek Soars On Facebook Messenger Deal

Shares of Keek, which competes in the space and demographic occupied by Vine and SnapChat, have fallen in half since going public earlier this year.

After a halt earlier today, shares of Keek (TSXV:KEK) are racing following the announcement of a deal with Facebook. At Facebook’s global developer conference in San Francisco today, Keek says it will develop an app called Keek for Messenger, which will be part of the Facebook Messenger platform. “It has been a privilege to work […]

DataWind gets $7.00 target at Industrial Alliance Securities

datawind

Canada’s DataWind (TSX:DW) is solving issues of affordability and infrastructure and enabling mobile internet adoption in emerging markets, says Industrial Alliance Securities analyst Steve Li. In a research report to clients yesterday, Li initiated coverage of DataWind with a “Speculative Buy” rating and $7.00 one year target price, implying a return of 274% at the […]

Dating site PlentyOfFish set to top $100 million revenue mark

MarkusFrind

Vancouver-based online dating platform PlentyofFish has passed a significant milestone signing up its 100 millionth user. The company has also doubled its revenue since 2013, putting its run rate for 2015 at $100 million, a target it expects to hit if revenues continue at current levels. The company’s success presents a case study in the […]

DataWind’s smart phone deal is a key milestone, says Haywood

datawind smartphones

DataWind’s (TSX:DW) deal to bundle internet browsing on three new smart phone models is a key milestone for the company that should allow it better and faster penetration of the Indian market, says Haywood analyst Massimo Voci. This morning, DataWind announced it will partner with carrier Reliance Communications to offer unlimited browsing on three new […]

Solium Capital is undervalued, says Euro Pacific analyst Andrej Krneta

solium capital

The market is mispricing Solium Capital’s (TSX:SUM) potential, says Euro Pacific Canada analyst Andrej Krneta. Today, after market, Solium will report its fourth quarter and fiscal 2014 results. Krneta expects that the company’s fourth quarter revenue will grow 10.7% year-over-year to $19.2-million, slightly lower than street consensus of $19.6-million. He thinks Solium will remain at […]

Victoria, B.C. Cloud-Based Booking Firm Checkfront Raises $1 Million

Checkfront

Victoria, B.C.-based Checkfront Inc., a provider of cloud-based booking solutions, has raised a $1 million initial round of funding, led by Metalogix co-founder Rasool Rayani and a group of entrepreneur-investors, including Hootsuite’s Geordie Henderson, Amazon’s Hannes Blum, MetaLab’s Andrew Wilkinson, Stocksy’s Bruce Livingstone, Neverblue’s David Arnsdorf, SendWithUs’ Matt Harris & Brad Van Vugt, Sparklit’s Rajiv […]