The antitrust regulator’s administrative complaint claims Microsoft could use its control over the gamemaker to reduce competition by changing its titles’ pricing, quality and availability on other consoles. (The Logic)
Telus had applied to the Canadian Radio-television and Telecommunications Commission for permission to add a 1.5 per cent surcharge on bills for certain services under the regulator’s supervision, if the customers paid by credit card. No, the commission said Thursday, and if you or anybody else does it for other telecom services, you won’t like what we do. (The Logic)
The Australian finance firm said Thursday it had ceased discussions with the Toronto-based legal and financial technology company over its A$1.27-billion bid in October to buy Link’s corporate markets business as well as its banking and credit management divisions. (The Logic)
The compostable-commerce firm said the growth funding was led by returning backer Sageview Capital and some of its existing investors participated. (The Logic)
In its latest capital budget released Wednesday, the small oilsands producer said a planned carbon-capture installation at its Leismer site south of Fort McMurray, Alta., is “expected to be sanctioned in 2023.” (The Logic)
The Pennsylvania-based firm, which manages more than US$7 trillion in assets, said the Net Zero Asset Managers (NZAM) initiative created “confusion about the views of individual investment firms” and that it wants to ensure it acts independently and provides clarity to its investors on climate-change matters. (The Logic)
The order, which U.S. Bankruptcy Judge Martin Glenn issued verbally Wednesday, only applies to crypto assets held in non-interest bearing “custody” accounts. (Bloomberg)
BDC Capital and returning investors Northleaf Capital Partners, Whitecap Venture Partners, MIG Group, BMO Capital Partners and Ikea affiliate Ingka Investments also participated in the round, which GoBolt CFO Chris Lynch said was all primary capital and equity. (The Logic)
McCain has already invested $65 million in GoodLeaf over two earlier rounds, while Power Sustainable Lios, a unit of Power Corp., the wealth management and insurance giant run by the Desmarais family, is a first time investor. GoodLeaf, which grows lettuces and other greens in indoor facilities, plans to use the funds toward building new farms in Calgary and Montreal. (The Logic)
Health Minister Jean-Yves Duclos announced the funding in Quebec City for an effort called Envisage, led by health accelerator Medteq+ and Age-Well, a non-profit network promoting services and technologies for seniors and caregivers. The goal is to support up to 100 projects to help commercialize or scale up production of technologies that help people age in place, and to create 500 new jobs. (The Logic)