SEC director says ‘nothing has changed’ for enforcement even as the crypto industry rumbles
As the U.S. Securities and Exchange Commission continues to scrutinize the crypto industry, the agency’s director of enforcement, Gurbir Grewal, says the regulator is not concerned with labels or technology, but whether securities are being sold in a format that adheres to existing laws. During an interview at an event
Read moreSt. John’s company deploys technology to fight illegal migration in the UK
PAL Aerospace, St. John’s, NL-based aerospace and defence company, announced yesterday that it is deploying its PAL Aerospace Dash 8 aircraft to the UK Home Office’s Small Boats Operation Command to support the country’s ongoing fight against illegal migration and small boat crossings of the English Channel. The aircraft will
Read moreA whistleblower raised safety concerns about OceanGate’s submersible in 2018. Then he was fired.
The director of marine operations at OceanGate, the company whose submersible went missing Sunday on an expedition to the Titanic in the North Atlantic, was fired after raising concerns about its first-of-a-kind carbon fiber hull and other systems before its maiden voyage, according to a filing in a 2018 lawsuit
Read moreNew European+LatAm VC fund Boost Capital Partners takes aim at startups with games-level UX
Boost Capital Partners is the name of a new European + LatAm VC fund which aims to focus on startups with a focus on user experience. The London-based VC has hit its first close of $35 million, with a target of $40 million. It’s been founded by Alvaro Alvarez del
Read moreVolkswagen’s breakthrough could spark a battery manufacturing gold rush
Inflation hasn’t been kind to batteries. After more than a decade of remarkably consistent declines in the price of lithium-ion battery packs, last year, the trend reversed itself. The uptick was small but notable. New technologies tend to follow a similar path down the cost curve and batteries weren’t thought
Read moreChrome on iOS to get built-in Lens support, along with new Maps and Calendar integrations
Google announced today that Chrome on iOS is getting a few new features, including built-in Lens support that will allow users to search using just their cameras. Although you can already use Lens in Chrome on iOS by long-pressing an image you find while browsing, you will soon also be
Read moreTwitch’s new Partner Plus tier strains an already tense relationship with creators
Twitch’s new Partner Plus tier, which will grant qualifying streamers a 70/30 revenue split, has been hailed as a win for the platform’s community. But the program’s lofty requirements exclude the vast majority of Twitch Partners, and compounds the already tense relationship between Twitch and its creators. “A lot of
Read moreCoffee Briefing Jun. 20 – Clik2pay announces new plugin; Google Canada opens applications for Startups Accelerator; Yardi creates home filter to help wildfire evacuees; and more
Coffee Briefings are timely deliveries of the latest ITWC headlines, interviews, and podcasts. Today’s Coffee Briefing is delivered by IT World Canada’s editorial team! Missed last week’s Coffee Briefing? We’ve got you covered. Clik2Play announces new plugin Clik2pay has announced a new plugin for WooCommerce which enables any business on WooCommerce
Read moreGovernment powers under Canada’s proposed cybersecurity law should be limited: Rights groups
Parliament must limit government powers over the private sector in the proposed Canadian cybersecurity legislation, say several civil rights groups, arguing the current version risks eroding civil liberties, privacy, and democratic freedoms. The call came today from the Canadian Civil Liberties Association, the Canadian Constitution Foundation, the International Civil Liberties
Read moreTiger Global’s search for liquidity illustrates how busted the late-stage market is
The late-stage market is whacked. You only need to look at how Tiger Global Management, previously one of the most active investors in all of startup-dom, has failed to find a buyer for a large basket of its stakes in private tech companies. The fact that Tiger did not, as
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