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    Archives: Briefings

    Ticketmaster to issue tokenized tickets on Dapper Labs’ Flow blockchain

    The entertainment company will let event organizers issue NFTs that will be tied to tickets. (TechCrunch)

    Couche-Tard plans to expand self-checkouts as one of its ‘big bets for the year’

    In an earnings call with analysts, the Quebec convenience-store company said its AI-powered self-checkout systems were in nearly 1,000 locations, with plans to scale up to 10,000 units over the coming three years. (The Logic)

    Canadian oil tycoon Geoffrey Cumming funds pandemic-research centre in Melbourne

    The Ontario-born resident of Australia is giving the University of Melbourne A$250 million (about C$225 million) for a centre to research therapeutic drugs to rapidly respond to pandemic threats. (The Logic)

    Canadian economy grew 0.8% in Q2 as businesses stocked up

    Investments in inventory drove growth in April, May and June, Statistics Canada reported, as Canada’s post-inflation gross domestic product increased for the fourth quarter in a row. Consumer spending on clothes, shoes and out-in-the-world services like travel and restaurants was also a factor. (The Logic)

    Enthusiast Gaming enters into partnership with NFL

    The Toronto-based gaming entertainment company said it’s struck a deal with the football league to hold weekly gaming nights in the U.S. and Canada throughout the 2022–23 season, in which current and former NFL players and popular gaming influencers will live-stream video games on YouTube. The company did not immediately respond to The Logic’s questions about the financial terms of the deal. (The Logic)

    California on verge of passing landmark online safety bill for kids

    The California Age-Appropriate Design Code Act would require digital platforms to limit the data they collect on child users, carry out formal assessments of whether their products could expose children to harm, and give them “an obvious signal” if anyone, including parents, is monitoring their activities. It previously passed the state assembly unanimously and is back there for a final vote on amendments approved by the state senate unanimously on Monday. (The Logic)

    Elon Musk cites whistleblower complaint as new reason to end Twitter takeover

    The Tesla CEO’s lawyers sent a letter to Twitter saying allegations by Peiter Zatko, Twitter’s former chief security officer, constitute a breach of the agreement between Musk and the company. Musk’s legal team also asked a Delaware judge to amend his counterclaims against Twitter and sent a subpoena to Zatko. (The Logic, The Wall Street Journal)

    Walmart gives Canadian vendors access to its U.S. marketplace

    The retail giant said it wants to give sellers on its Canada-based online marketplace the ability to expand internationally and sell to the more than 120 million monthly customers on its U.S. platform. (The Logic)

    Gopuff seeks up to US$300M credit line

    The ultra-fast delivery startup, which delayed an initial public offering that was planned for this year, is close to reaching an agreement on a revolver loan so it can quickly access money as it faces slower growth and a more challenging fundraising environment, sources told The Wall Street Journal. (The Wall Street Journal)

    CDPQ and OMERS-backed Azure Power loses new CEO, reports whistleblower complaint

    The New Delhi-based utility firm announced Monday that Harsh Shah had resigned, after beginning the role in July. Azure also said it had received a whistleblower report in May “alleging potential procedural irregularities and misconduct” by staff at a subsidiary’s plant. (The Logic)

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