Archives: Briefings

Jack Ma resurfaces

After nearly three months of silence, the Alibaba co-founder spoke today at an annual event he hosts to recognize rural teachers, and toured a primary school in his hometown of Hangzhou. (Bloomberg)

Wattpad still gunning to be ‘next Disney’ after sale to Naver

CEO and co-founder Allen Lau said nothing will change about the Toronto-based firm’s growth plans after its US$600-million sale to South Korean search-engine company Naver. Lau, who will stay on as CEO, said Wattpad will continue to operate independently and will speed up hiring. (BetaKit)

Trump pardons ex-Google engineer

On his last full day in office Tuesday, outgoing president Donald Trump pardoned Anthony Levandowski, who worked for what is now Waymo, Google’s self-driving-car division. (The Verge)

Lion Electric signs deal for 60 electric school buses

The deal, which will see Saint-Jérôme, Que.-based company deliver the buses to a Quebec transport firm by 2026, is the biggest in Lion’s history—and, it says, the biggest so far in North America. (La Presse)

Roger Hardy takes new company Kits Eyecare public

Shares of Kits, where serial entrepreneur Hardy serves as CEO, started trading on the Toronto Stock Exchange this morning in an initial public offering that netted the company gross proceeds of $55 million. (The Logic)