Category Archives: Uncategorized

Image via Flyertalk   Despite efforts from the American antitrust division –who filed a lawsuit to block the merger in August–, the U.S. Justice Department has approved the last hurdle of a merger that will form the largest airline in the world.1 The two companies have noted that customers are unlikely to see any noticeable short-term changes, but the monopolistic effects of the newly formed company could be substantial. For instance, the Justice Department’s antitrust division emphasized “that competition would decline […]

Image by Yahoo Auto via Entrapreneur   A 3-D Printed Hybrid Electric/Gas Car that can drive across the U.S on 10 gallons of gas? Talk about impossible. Yet this is exactly what entrepreneurs Cody and Tyler Kor have created: A three-wheeled, aerodynamic car that needs just 10 gallons for a 44 hour, 2,900-mile journey from New York to San Francisco and back. If this wasn’t enough, the local 3-D printing process ensures that the vehicle is relatively affordable ($16,000-$50,000 depending […]

  Image by Shannon Stapleton via the Star   In a shocking turn of events, BlackBerry Ltd. is abandoning a proposed sale to Fairfax, andwill instead raise about $1 billion from investors, while replacing its CEO. 1 As part of the new agreement, former Sybase AG CEO John Chen will assume BlackBerry’s top position. Reaction was mixed within the BlackBerry community, with Chairwoman Barbara Stymiest saying “today’s announcement represents a significant vote of confidence in BlackBerry” and that the “pursued the […]

  Image by Snapchat via DailyMail, hyperlinked video via Bloomberg   Since its inception two years ago, the Venice, California based Snapchat has seen explosive growth within the social media realm. Recently in September, Snapchat announced that the company was “processing 350 million ‘snaps’ per day”, putting the social media giant on par with Facebook, which also counts approximately 350 million photos/video uploads per day.1 Despite the lack of revenue streams, its great value proposition has enabled Snapchat to gain great […]

Image by Andrew Biraj via The Star   After a series of protests and media scrutiny, Loblaw Cos. Ltd. has finally provided a framework for how it will compensate the victims of the deadly collapse of a clothing factory in Bangladesh, which was the supplier of Superstore’s ‘Joe Fresh’ clothing line.1 Loblaw’s proposed plans of compensation have come 6 long months following the collapse of the Rana Plaza factory building, which in turn resulted in the world’s worst industrial accident in […]

Image by Joseph Pisani via The Associated Press   Twitter, the multi-billion dollar social media giant can’t seem to stray from stock market news. With skyrocketing popularity among the general populace, advertisers and celebrities alike, Twitter has undergone massive growth over the past few years. Earlier in 2013, Twitter announced its plan to go from private to a public company, and is projected to sell its shares at between $17-$20 per unit.1 However, “Tweeter”, a different company with a similar name […]

With the fate of the Keystone XL Pipeline project in U.S President Barack Obama’s hands, Prime Minister Stephen Harper remained adamant in underlining that he would “keep pushing forward” for the completion of the project. 1 Harper, who stood in front of a group of business leaders in New York, continued to accentuate the potential positives of the proposed project, Harper proclaimed that with negligible environmental impact and with prospective economic benefits, “the logic behind [the] project is overwhelming”. 1 […]

Image by Mobilicity via the Cellular Guru   The battle for cellphone frequencies continue to rage as “The Big Three” -Rogers, Bell and Telus- remain entangled with the federal government in a struggle for new wireless spectrum. Now, Canadian consumers must choose between the phone giants and the Canadian government. On one side, the Big Three have emphasized that by gaining greater spectrum, they would be able to create jobs while defending the Canadian industry from foreign mega-corporations such as […]

Image by Jamie Sturgeon via Global News   Following an immense second quarter loss of close to one billion dollars -largely due to its vastly unsold inventory-, BlackBerry is headlining Business news once again; though, for a different reason. On Monday, September 23, BlackBerry Ltd. accepted a purchase offer by a group led by Toronto based Fairfax Financial Holdings Ltd. The news emerged merely days after BlackBerry’s massive quarterly losses but amidst the negativity, the deal may signal a positive […]

Image by vrangnarr via Redbubble   Apple, the World’s most valuable company, is making headlines again. In light of its new iPhone 5S and iPhone 5C products, reports have surfaced revealing a series of legal and ethical violations in a factory in Wuxi, China, where the newly unveiled iPhone 5C is being manufactured. According to an undercover investigation by the China Labor Watch, “hiring discrimination, illegally inadequate pre-work training and millions of dollars in unpaid overtime wages”1 are just some of […]