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    Archives: Briefings

    Amazon wants FTC chair recused from investigations of the company

    The company, which is the subject of an antitrust investigation and under review for its planned acquisition of Metro Goldwyn Mayer, filed a request with the Federal Trade Commission to remove Lina Khan from Amazon investigations. (The Wall Street Journal)

    Online content should be diverse, truthful and fairly paid for, Canada-led working group says

    In a set of guidelines released Wednesday, the group said the world needs trustworthy digital content from varied sources, in many languages, by creators who can make money for it. And when algorithms decide what people see online, those should be comprehensible and resistant to systemic biases. (The Logic)

    Couche-Tard expands its at-home EV charging business across Scandinavia

    CEO Brian Hannasch said on Wednesday’s earnings call that there are now 80,000 monthly EV charging transactions at its stores in Norway. The country is home to its EV research lab and at-home charging business, and the majority of passenger vehicle sales there are already zero-emission vehicles. (The Logic)

    Waymo investors pressured the company to expand to San Francisco

    Following its first outside funding round, investors in the Alphabet self-driving-car unit pressed the firm to expand its Phoenix-based operations into San Francisco, where it could focus more on growing the business. (The Information)

    Montreal’s Paper raises US$100M Series C round

    Silicon Valley’s IVP led the financing in the tutoring-software provider. Returning investors include BDC Capital, Salesforce Ventures and Bullpen Capital. (The Logic)

    Following $225M raise, AlayaCare founder Adrian Schauer donates $10M to low-income health charity

    The funds will support the relaunch of Madiro, the foundation Schauer started with his wife Dr. Gillian Morantz in 2013. Madiro will invest in Healthy Entrepreneurs, a Netherlands-based organization that provides basic health services to isolated villages in Uganda, Tanzania, Burundi and Kenya. (The Logic)

    Shopify Plus architect Loren Padelford latest executive to depart

    The Waterloo, Ont.-based division works with the largest consumer packaged goods companies and direct-to-consumer brands on the e-commerce platform. Padelford started Plus in 2014, and was most recently Shopify’s general manager of revenue. He announced his departure in a tweet Wednesday. (The Logic)

    Senate sends broadcasting bill to committee limbo

    In their final hours before breaking for the summer, senators voted to have a committee study Bill C-10, the Liberals’ plan to subject digital-content giants to similar supervision as traditional broadcasters. That could be the same as killing it. (The Logic)

    Vancouver’s Visier raises US$125M in Series E round led by Goldman Sachs

    The HR analytics software company said it is valued at over US$1 billion in the latest round. Other investors included Sorenson Capital, Foundation Capital, Summit Partners and Adams Street Partners. (The Logic)

    Liberals to require all cars, light-duty trucks sold in Canada to be zero-emission by 2035

    The target is five years earlier than the government’s earlier goal, and Environment and Climate Change Minister Jonathan Wilkinson said the target is now mandatory, not voluntary. (The Logic)

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