Stories by Nehal Malik
Twitter Payments are Coming, as Company Seeks Licences: Report
Twitter users could soon be able to send and receive payments through the popular social media platform, according to a report from the Financial Times. Per the publication, Twitter is actively building a payments feature for its flagship social network. The company has also started applying for regulatory licences to handle and process payments in...
Rogers, Shaw Extend Deadline for Merger and Freedom-Vidéotron Deal
Rogers and Shaw today announced an extension of their proposed $26 billion merger, along with the sale of Shaw-owned Freedom Mobile to Quebecor’s Vidéotron in a side deal that's part of the broader transaction, to February 17, 2023. "All parties remain committed to the pro-competitive transactions, which will deliver significant benefits to Canada and Canadian...
Apple Q1 2023 Earnings: ‘Most Important’ for Tech Market, Says Analyst
Wedbush Securities analyst and regular Apple bull Daniel Ives said in a recent note to clients that the iPhone maker's upcoming earnings report for its fiscal first quarter of 2023, scheduled for Thursday, February 2, will be the "most important earnings" for the tech market (via Apple 3.0). "After a horror show year in 2022...
Apple ‘Reality Pro’ Headset Concept Imagines Tethered Battery Pack [PICS]
[caption id="attachment_389490" align="aligncenter" width="1400"] Image: Marcus Kane[/caption] As we count down the months to the launch of Apple's long-rumoured mixed-reality headset and, with it, an entirely new product category for the tech giant, we're starting to see more leaks and concept designs pop up. The latest concept renders of Apple's "Reality Pro" AR/VR headset imagine...
Rogers-Shaw Deal Expected to Net Hedge Funds Over $200 Million: Report
Rogers’ proposed $26 billion takeover of Shaw Communications, if successful, could deliver a $216 million payday to 12 hedge funds that bet on it — reports Reuters. The controversial and heavily contested merger has a January 31 deadline. With the Federal Court of Appeal rejecting the Competition Bureau’s appeal of the merger on Tuesday, Rogers and...
Google Creates AI-Powered Music Maker, But it Won’t Be Released
If you thought OpenAI's ChatGPT is impressive, wait till you see what Google has been working on — if the company lets you, that is. Among Google's many endeavours in artificial intelligence (AI) and machine learning is MusicLM, a model the company created to generate original music from rich text prompts (via TechCrunch). Google researchers...
iPhone 14 Emergency SOS via Satellite Feature Saves Two Stranded Travellers in B.C.
Apple's Emergency SOS via Satellite feature last month helped rescue two stranded travellers in British Columbia in what authorities said was the first known use of the feature in the province — reports the Prince George Citizen. Emergency SOS via Satellite is a safety feature available on Apple's latest iPhone 14 lineup. It lets users...
Ottawa Nets $30 Million in Wireless Spectrum Auction: Here’s Who Paid the Most
The Canadian government on Wednesday announced the results of a residual spectrum auction that concluded on January 17. Residual spectrum auctions are a way for Innovation, Science and Economic Development Canada to sell licences that weren't sold in previous auctions or were returned. Ottawa held an auction for the 3,800 MHz bands in June 2022,...
Shaw Tells MPs: Telus and Globalive Working Together Like ‘Geppetto’ and ‘Pinocchio’
MPs on the House of Commons' industry and technology committee on Wednesday expressed concerns about the impact of Rogers’ proposed $26 billion takeover of Shaw Communications on jobs, competition, and affordability in Canada's telecommunications sector (via The Globe and Mail). During another hearing on the long-embattled merger just a week before its January 31 deadline,...
Global Smartphone Industry Suffers Worst Year Since 2013
2022 was the worst year for the global smartphone market since 2013, with shipments dropping 11.3% in the year to 1.21 billion units and 18.3% in the fourth quarter alone, according to preliminary data from the International Data Corporation (IDC). While Samsung led global smartphone shipments for 2022, Apple came in second place with 226.4...
Elon Musk Potentially Raising $3 Billion to Pay off Twitter Debt, Claims Report
Twitter owner and CEO Elon Musk could potentially sell up to $3 billion USD in new Twitter shares to help repay part of the $13 billion debt the social media company took on as a result of his buyout — reports The Wall Street Journal. According to the publication's sources, Musk's team discussed selling new...
Some 2023 MacBook Pro SSDs are Slower than 2021 Models: Report
Apple's new 14-inch and 16-inch 2023 MacBook Pro models with M2 Pro and M2 Max chips have slower storage than their M1 Pro and M1 Max-toting predecessors from 2021 if you buy a base 1TB configuration — reports 9to5Mac. The publication experienced this issue on an M2 Pro-powered 14-inch MacBook Pro with 1TB of storage,...