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Shomi to shut down Nov. 30

TORONTO—Shomi announced yesterday it was shutting down at the end of November, two years after the video-on-demand service launched amid hopes of thriving in a hyper-competitive market.

“The business climate and online video marketplace have changed markedly in the last few years,” David Asch, senior vice-president and general manager for Shomi, said in a brief statement.

Montreal company begins sales of smart technology sports bra that coaches runners

MONTREAL — A Montreal company is entering the competitive sports bra market by launching a smart technology product specifically targeting female runners.

OMbra contains sensors that read biometric signals such as heart rate, movement and breathing rhythms, which are streamed to an app that coaches runners to obtain optimal results.

Galaxy Note 7 recall shows challenges of stronger batteries

SEOUL, Korea, Republic Of — Samsung’s recall of 2.5 million Galaxy Note 7 phones after several dozen caught fire and exploded may stem from a subtle manufacturing error, but it highlights the challenge electronics makers face in packing ever more battery power into ever thinner phones, while rushing for faster release dates.