Insights
Most Logic subscribers have applied for government COVID-19 relief, survey finds
Top Prospects: Leading innovators from the Class of 2020
Letter from the editor: Finding virtual community under lockdown
Briefing
Microsoft reportedly in talks to buy TikTok from Chinese parent firm ByteDance
President Donald Trump is expected to call on the Chinese tech giant to sell the wildly popular short-video platform. Bloomberg reported the order could come as early as Friday and that Microsoft is considering purchasing the firm. (Bloomberg)
Quebec’s Caisse taps Canada’s former UN ambassador to run international investments
Marc-André Blanchard will oversee investments outside Canada, where the pension fund has 66 per cent, or about $225 billion, of its $340 billion in assets. (The Logic)
Telus net income falls 39 per cent in second quarter in latest sign pandemic is hurting telecoms
The Vancouver-based firm netted $315 million in the second quarter, as higher bad-debt expenses, store closures and reduced roaming fees all weighed on results. (The Logic)