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The Canadian Media

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Finance/Business

Finance/Business / US

US court permits Twitter’s ex-CEO Parag Agrawal, other dismissed execs to sue Elon Musk for severance

November 2, 2024November 2, 2024 - by cmedia

#Twitter, #X, #ElonMusk, #ParagAgrawal California/IBNS-CMEDIA: A US District Court judge in California has ruled that former Twitter executives, including ex-CEO Parag Agrawal, may proceed with a lawsuit against Elon Musk for severance pay, …

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Finance/Business

Apple acquires Pixelmator, Lithuanian-based photo editing app

November 2, 2024November 2, 2024 - by cmedia

#Apple, #Pixelmator, #PixelmatorPro, #Photomator California/IBNS-CMEDIA: Apple has acquired Pixelmator, the Lithuanian-based company behind popular image editing apps like Pixelmator, Pixelmator Pro, and Photomator. Pixelmator, which was founded in 2007, announced the acquisition in …

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Finance/Business

A surprising way to motivate digital gig economy workers

October 28, 2024October 28, 2024 - by cmedia

When it comes to motivating app-based gig economy workers like DoorDash and Uber drivers, giving out money and virtual high fives are separately effective—but not when given together—according to new …

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Canada / Finance/Business

Bank of Canada Governor has cut its key interest rate from 4.25 percent to 3.75 percent

October 24, 2024October 24, 2024 - by cmedia

With the global economy continuing to expand, the Bank of Canada cut its key interest rate Wed from 4.25 per cent to 3.75 percent. This fourth rate cut in a row of half a …

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Finance/Business / Technology

Microsoft-OpenAI ‘bromance’ batters as tensions rise over funding, staff clashes, and new AI deals

October 21, 2024October 21, 2024 - by cmedia

#OpenAI, #ChatGpt, #SamAltman, #Microsoft, #AI, #SatyaNadella San Francisco/IBNS-CMEDIA: Sam Altman, co-founder of OpenAI, once described the company’s partnership with Microsoft as “the best bromance in tech.” However, this relationship is now strained, as Microsoft appears …

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Finance/Business

Billionaire Adar Poonawalla acquires 50 percent stake in Karan Johar’s Dharma Productions

October 21, 2024October 21, 2024 - by cmedia

#DharmaProductions, #AdarPoonwalla, #KaranJohar Mumbai/IBNS-CMEDIA: Billionaire Adar Poonwalla has acquired a 50 percent stake in filmmaker Karan Johar’s Dharma Productions, media reports said. Poonawalla’s Serene Entertainment has bought the stake at Rs. 1,000 …

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Finance/Business

Google’s leadership reshuffling causes Prabhakar Raghavan, advertising head & search to step down

October 19, 2024October 19, 2024 - by cmedia

#Google, #SundarPichai, #PrabhakarRaghavan California/IBNS-CMEDIA: Google has announced a significant leadership restructuring within the company. In a memo to employees, Alphabet and Google CEO Sundar Pichai shared that Prabhakar Raghavan, who has served …

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Finance/Business

MEA spokesperson says ‘Canada benefits from trade with India; Trudeau govt’s baseless allegations cause of crisis’

October 17, 2024October 17, 2024 - by cmedia

#Canada, #India, #IndiaCanadaTrade, #Trade, #JustinTrudeau New Delhi/IBNS-CMEDIA: Canada is a major beneficiary of the India-Canada economic ties, Ministry of External Affairs spokesperson Randhir Jaiswal said on Thursday, asserting that the current crisis in the …

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Finance/Business

Nobel Prize in economic sciences awarded to Daron Acemoglu, Simon Johnson and James A. Robinson

October 14, 2024October 14, 2024 - by cmedia

#NobelPrize, #Economics, #DaronAcemoglu, #SimonJohnson, #JamesARobinson IBNS-CMEDIA: Three economists have been awarded the Nobel Prize for their studies of ‘how institutions are formed and affect prosperity’. Daron Acemoglu, Simon Johnson and James A. Robinson have …

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Canada / Finance/Business

Canada’s addition of 47,000 new jobs in Sept lowers unemployment rate

October 11, 2024October 11, 2024 - by cmedia

CMEDIA/Toronto: The Canadian labour market’s addition of  47,000 jobs in Sept led to the decline of the unemployment rate for the first time since January to 6.5, Statistics Canada reported …

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