The Data and Technology Forum would make recommendations on cybersecurity cooperation, matching AI rules and ensuring data is interoperable between countries. MasterCard, Visa and Toyota are also among the 25 companies behind the proposal. (Financial Times)
The former diplomat was the second of two Canadians detained in China, facing spying allegations in a closed-door trial. The court said a verdict would be announced later. (The Globe and Mail)
The space-technology company will sell up to 31.25 million shares, with an initial price range of $16 to $20 per share. It had a net loss of $36.2 million on $411.5 million in revenue in 2020. BMO Nesbitt Burns, Morgan Stanley and Scotia Capital are the lead underwriters on the deal, which includes six other banks. (The Logic)