Montreal's Pibster is a reverse auction platform that wants users to sell anything and everything through social media, starting with Twitter.
The premise is simple: a user sets a high price, and every time someone tweets that auction item, the price decreases by a fixed amount until someone clicks buy (assuming someone is interested before it hits the reserved minimum price).
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A forthcoming anti-spam law in Canada is going to have dramatic, global effects on how Canadian companies manage their e-communications. Yet many don't even know it exists.
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Toronto's FreshBooks has added a new way to file expenses through their web platform. The Canadian tech company now allows users to upload expense receipts of any file format and attach them to invoices.
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Waterloo-based Communitech is making a final call for applications for it new HYPERDRIVE acclerator. Interested entrepreneurs have until June 4 to apply to the $30 million program to seed, fund, and grow new businesses.
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Today Montreal's FounderFuel will graduate 11 startup teams at historic Monument National in front of a sold out crowd including investors from San Francisco, New York, Boston, Toronto, Vancouver and Montreal.
Anticipation is high as last fall FounderFuel graduated 9 teams of which 4 have raised a combined total of over $2.5 million to date.
Today's FounderFuel graduating class hail from across Canada - Toronto, Montreal, Vancouver, Quebec City and St. John’s - and includes:
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A lot of iPhone and iPad users never bother to venture beyond Apple's top 25 lists for apps. That's why it's so important to developers that they crack this list, even just temporarily, if they want to make it big.
But getting there requires some success to have already been established. The question of just how much, though, has never been perfectly clear.
read moreThe Financial Industry Regulatory Authority's chairman told Reuters today that regulators plan to review allegations that underwriter Morgan Stanley shared negative news before Facebook's hotly anticipared initial public offering last week with institutional investors.
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Today, most Canadians are complaining that their latest $700 smartphone is stuck on 3G, not the bleeding-edge 4G LTE networks cropping up across the country.
But there are hundreds of thousands of Canadians still stuck in the Stone Age of the Internet Era: their home PCs are crawling the web at the slow, slow speed of dial-up.
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Facebook's IPO on Friday was the largest in the history of technology. The social network raised a staggering $12 billion, valuing the company at well over $100 billion. But after peaking more than 10% above its share price, the stock fell back to its debut price of $38.
On day two, the stock plunged deep into the red. Bleeding panicked sells like crazy, the share price of FB plummeted 12% to less than $34, sinking the company's valuation to barely $90 billion.
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Celtic House Venture Partners has reached a first close of Celtic House Venture Partners Fund IV LP at $105 million.
Investors in the fund include Ontario Venture Capital Fund, Teralys Capital, Export Development Canada and BDC Venture Capital.
Fund IV will focus on early‐stage investment opportunities in Media Communications Technology (MCT), partnering with teams that have outstanding records of innovation and entrepreneurial success.
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