Eighteen out of 25 reproductive health tracking apps and devices investigated by the Mozilla Foundation have "opaque privacy protection policies" and "no clear policy on data-sharing practices with law enforcement." (The Logic)
Clients use the Rotterdam-based MPO’s software to manage orders, shipments and returns. Ottawa-headquartered Kinaxis is paying three-quarters of the acquisition price in cash, and the rest in stock. (The Logic)
The Shenzhen-based social media and gaming company’s revenue declined three per cent to about US$20 billion in the second quarter of 2022 compared to the same period last year, missing analysts’ expectations. Net profit dropped 56 per cent to around US$2.7 billion. The firm also trimmed its workforce for the first time since 2014, laying off nearly 5,500 employees during the period. (South China Morning Post)
The Waterloo, Ont.-based non-profit will spend the funding from the federal Cyber Security Cooperation Program on research and training about the disruptive technology. (The Logic)
Four industry associations are urging the Canadian and German governments to deepen partnerships that will allow for the development of hydrogen and liquified natural gas, critical minerals and “key enabling technologies” like semiconductors. (The Logic)
The Toronto-based e-sports company reported $51.1 million in revenue for the second quarter after markets closed Monday, up 38 per cent year over year. A 49 per cent increase in operating expenses, however, brought net losses to nearly $17 million, 32 per cent more than last year. (The Logic)
The bankrupt cryptocurrency-lending firm could run out of cash by October, according to projections from its lawyers. Celsius is short US$2.8 billion in crypto to pay back depositors; it reported a financial deficit of US$1.2 billion in July. (The Block)
The tech giant said in a filing that the U.S. Federal Trade Commission’s investigation into its Prime memberships has become “unduly burdensome” after nearly 20 employees and executives were served individual subpoenas. (Business Insider)
Merchants will pay creators an affiliate fee when a shopper buys products via a link from their social accounts. Ottawa-headquartered Shopify won’t take a cut of the payouts, Daniel Debow, vice-president of product, told The Logic. The new Collabs feature is available to merchants and influencers in the U.S. and Canada. (The Logic)
Sick Codes, a noted John Deere software hacker, infiltrated one of the equipment manufacturer’s video display monitors in front of a live audience at a Las Vegas conference this weekend. The gimmick involved Sick Codes playing a modified, agriculture-themed version of the video game Doom on the tractor monitor, drawing cheers from conference attendees. (The Logic)