Its Toronto-listed shares dropped nearly five per cent after the company’s latest quarterly results showed revenue fell to US$174 million from US$206 million in the same period last year. But the company’s loss narrowed to US$62 million, down from $636 million in the year-ago period. (The Logic)
The Competition and Markets Authority (CMA) said the probe follows concerns the two tech giants weren’t doing enough to curb fake reviews on their sites following an initial investigation in May 2020. (The Logic)
Companies have already seen 34 majority votes in favour of shareholder resolutions this year, up from last year’s record of 21, according to a review by three organizations that track shareholder engagement on environmental, social and governance (ESG) issues. Of those with majority support, 17 resolutions topped 70 per cent, up from just two last year. (The Logic)
The organization has used California-based Jumio’s software to verify the identity of voters in nomination races by comparing pictures of their driver’s licences to selfies. NDP MP Charlie Angus has asked federal privacy commissioner Daniel Therrien to investigate, while B.C. counterpart Michael McEvoy said his office is conducting a review. (The Globe and Mail)
Some Black creators refuse to choreograph dances to Megan Thee Stallion’s “Thot Shit” and other songs in protest of white creators using their work without credit. The Black creators are still posting content. (The Guardian, The New York Times)
The Kitchener, Ont.-based retail-mobile-solutions company said Arrowroot Capital, a California-based global growth-equity firm, led the raise. (The Logic)
Private investors could cover the costs of a transportation link between Edmonton and Calgary using pod vehicles that shoot through vacuum tubes, the Toronto-based company said. TransPod wants to start with a shorter link between Edmonton and its far-flung airport. (The Logic)
Delegates at the Teamsters International Convention voted in favour of a long-term effort to support Amazon’s warehouse and transportation workers in the U.S. and Canada “build power and join a union,” said François Laporte, the labour union’s Canada president, in a statement. (The Logic)
Despite a new agreement that will see Google pay some Canadian news outlets to include their stories in a “Google News Showcase,” Heritage Minister Steven Guilbeault said he’ll keep working on a framework to make digital platforms pay content companies. (The Logic)
Justice Minister David Lametti’s Bill C-36 would add to the Canadian Human Rights Act a new “discriminatory practice” of communicating hate speech online; individuals or groups will be able to lodge complaints about such messages. The government is also promising to consult on “a regulatory framework to tackle harmful content online.” (The Logic)