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Money laundering watchdog hands out hefty penalty for failure to submit over 1,000 suspicious transaction reports.
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Apple is one of several tech companies that will contribute to the construction of U.S. President Donald Trump's 90,000-square-foot ballroom, reports CNN. Construction began on the ballroom this week, and the White House's east wing was partially torn down. Trump claims that the ballroom will cost "about $300 million" and that it will be privately funded through donations. The cost has already increased $100 million over the figure that Trump... Read more âș
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The former head of DOGE says he wants to "create a world where there is no poverty." Read more âș
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Over the last few days our reporters have broken news about two merger discussions that fizzled: Adobe, which was interested in buying video startup Synthesia, and SoftBank, which talked with humanoid robotics maker Agility about a takeover. In both cases, the startups ended up pursuing more venture capital funding at higher valuations.These are just the latest instances of aborted acquisition talks involving artificial intelligence startups that weâve broken over the... Read more âș
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Trump said on Wednesday that the project will cost "about $300 million." Among the major donors are several Big Tech companies. Read more âș
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The Miss USA 2025 pageant will be held in Reno on Friday. This year's contestants include an "American Ninja Warrior" competitor and a lawyer. Read more âș
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AT&T today launched a new ad campaign that goes after T-Mobile, calling out the "litany of misleading and deceiving claims in T-Mobile's marketing." AT&T's new ad features actor Luke Wilson, with Wilson calling T-Mobile the "master of breaking promises." AT&T points out that the BBB's National Advertising Review Board has recommended T-Mobile change its advertising 16 times over the past four years, though AT&T fails to mention that the NARB... Read more âș
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On Thursday, Nike announced Project Amplify, âthe worldâs first powered footwear system,â which it says isnât intended for prosâin fact, quite the opposite. Much like e-bikes provide pedal assistance, Project Amplify uses a lightweight robotics system to boost running and walking speed. âThe first-generation product, created alongside robotics partner Dephy, isnât designed for competitive, faster [âŠ] Read more âș
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Trump said that he was preparing to "surge" San Francisco with federal forces before "friends of mine who live in the area" asked him not to. Read more âș
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Anthropic on Thursday said it plans to use up to 1 million Google Tensor processing units to power its artificial intelligence, implying the startup would spend tens of billions of dollars renting TPU servers. The announcement is a show of confidence in Googleâs chip as an alternative to Nvidiaâ ... Read more âș
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Rebecca Coffin owns Hailey's Kitchen Cafe & Bakery in Windham, Maine. She worried about the local community not being able to afford food. Read more âș
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Three of the rumored potential buyers for entertainment titan Warner Bros. Discovery are tech companies. Netflix, Amazon, and Apple are all interested in buying Warner Bros. Discovery as a whole or acquiring pieces of the company, like its content libraries and production assets, according to Bloomberg. Earlier this week, Warner Bros. Discovery announced it was [âŠ] Read more âș
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After serving a federal prison sentence for violating anti-money laundering laws and US sanctions, former crypto exchange CEO Changpeng Zhao has been pardoned by US President Donald Trump. Read more âș
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When you're trying to keep Leica's digital camera lineups straight, the M-System was always the one with optical rangefinder display (and high price tag). However. the company just upended that precedent with the M EV1, a 60MP mirrorless camera with a classic M design but an electronic viewfinder (EVF) in place of the rangefinder. It may upset purists, but it's a move that makes sense from a sales point of... Read more âș
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Well, thatâs not very subtle. In an earnings call last night, Tesla CEO Elon Musk said he needs more control over Tesla, as well as a pay package that could be worth nearly $1 trillion, in exchange for building a ârobot army.â Otherwise, he could get ousted as CEO, and then, well, who would control [âŠ] Read more âș
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Trump is considering blocking all U.S. software from China if it doesn't lift its rare earth restrictions. Read more âș
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A new statement calls for a pause on developing superintelligent artificial intelligence until it can be deemed safe. Read more âș
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Profitual helps startups build budgets, forecasts, and investor-ready financials, no accounting degree required. Read more âș
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Toronto-based firm claims itâs approaching $10 million in ARR as it faces off against Harvey, Legora. Read more âș
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Nathan Neudorf joins finance and innovation colleagues as data centre proposals outpace power grid capacity. Read more âș
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Test your knowledge of Canadian tech news with The BetaKit Quiz for October 17, 2025. Read more âș
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Source Canada's Ray Luk thinks the âcultural belief weâre not good enoughâ creates a homecourt disadvantage for Canadian tech. Read more âș
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Trade pressure takes a toll as over half reported emotional or mental exhaustion this year. Read more âș
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Montreal startup wants to give accountants more time for client advice by letting AI handle paperwork. Read more âș
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Oct. 30 event will feature leaders of AFC Toronto, BDCâs Thrive Venture Fund, and Tealbook. Read more âș
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23.10.2025 19:27
Last update: 19:20 EDT.
News rating updated: 02:20.
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