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LG and University of Toronto expand AI research partnership

Posted on 26 May 2019

LG is expanding its artificial intelligence research investment in the University of Toronto (U of T) to focus on business-to-business applications. Some of these applications including solutions in supply chain optimization and manufacturing, according to LG. “The extensive joint research with LG will secure research capacity, nurture top artificial intelligence experts and add ...

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Hosting Collision Is a Big Win for Toronto and Canadian Tech

Posted on 26 May 2019

TORONTO—Hosting the Collision tech conference is a real coup for Toronto and Canada as 2019 marked the first time it was held outside the United States. Collision is billed as the fastest-growing tech conference. In its fifth year, over 25,000 people from 125 countries came to listen to 730 speakers discussing the most pressing issues in tech. Running from May 20 to 23, Collision is also ...

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Uber launching engineering hub in Toronto as part of $200 million investment

Posted on 26 May 2019

Uber has announced plans to open an engineering hub in Toronto. The new site will mark its 11th engineering hub worldwide and the first in Canada. This is one, of what Uber said is a five-year $200 million investment aimed to help grow Toronto’s tech ecosystem. Uber is looking to accommodate more than 200 staff in the new building, with the goal of eventually expanding that to mo ...

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Toronto stock market has worst day of the year on trade angst and oil price drop

Posted on 26 May 2019

TORONTO - Canada’s main stock index suffered its worst day of the year on Thursday as trade uncertainty and a big drop in oil prices weighed heavily on the energy sector. The S&P/TSX composite index closed down 162.74 points to 16,164.61, its lowest level in nearly two months. In New York, the Dow Jones industrial average was down 286.14 points at 25,490.47. The S&P 500 ...

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Toronto and its school board can save millions by doing nothing. Will they?

Posted on 26 May 2019

Solving the budget woes at Toronto City Hall and the Toronto District School Board (TDSB) has never been easier. There’s no need for higher property taxes, program or service cuts. No need to put the squeeze on taxpayers, students and parents. The city and the TDSB can solve their multi-million dollar budget shortfalls, just like that. How, you’re wondering? The answer: By doing ab ...

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Could an MBA benefit your career? This Toronto event can help you find out

Posted on 26 May 2019

It’s official: Adulting has the power to leave you more confused than you ever were as a teenager. In your teens, you knew exactly what you wanted to study at university, and the career you wanted to pursue after graduation. Fast-forward to 2019, now you’re a twenty or thirty-something who wants to start over. Sure, it feels kind of nerve-wracking — but that’s natural. You know ...

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Uber's grocery delivery business now has a home

Posted on 26 May 2019

San Francisco-based Uber has taken the next step in developing its grocery delivery business, announcing it will open an engineering hub in Toronto that will play "a pivotal role" in the still-developing effort, including product development and go-to-market strategy, according to a notice sent to Grocery Dive.  Uber hasn't released details on its grocery platform, in ...

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Agraflora Organics plans to acquire all shares of Organic Flower

Posted on 26 May 2019

Two companies reach binding letter of intent, though not anticipated timeframe for completing deal Agraflora Organics International, Inc., a diversified international cannabis company, reports it has entered into a “binding letter of intent” to acquire 100 percent of the assets of Organic Flower Investment Group, Inc., a venture capital firm that specializes in investing in emer ...

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Pizza Nova raises more than $135,000

Posted on 26 May 2019

Restaurant-franchise system Pizza Nova raised $135,286 for Variety Ontario at its 20th annual That’s Amore Pizza for Kids’ day. During the event, more than 140 Pizza Nova locations across Ontario served medium pepperoni pizzas with every dollar from each pizza sold donated to the children’s charity. On Thursday, May 16, Pizza Nova president Domenic Primucci presented Variety Ontario ...

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'I FELL TO THE FLOOR': Whitby man wins $55M Lotto Max

Posted on 26 May 2019

A Whitby man who is now a millionaire 55 times over says he is going to take things slow and learn how to be rich. Dwayne Williams, 35,  scored big in the April 5 draw after purchasing his ticket at the CNIB Lottery Kiosk in Walmart on Baldwin St. in Whitby. He picked up his cheque at the downtown Toronto OLG headquarters on Thursday. As a rule, Williams — a married father of t ...