TORONTO—Telus is prepared to pay off Mobilicity debtholders, hire its employees, and provide service to the small wireless carrier’s 250,000 customers in a deal announced today.
The Vancouver-based telecom company’s offer of $380 million is subject to conditions, including approval by the Competition Bureau, Industry Canada, and Mobilicity’s debtholders.
HALIFAX — Canadian TV producers Corus Entertainment (TSX:CJR.B), DHX Media and OUTtv are among the partners helping Google’s YouTube move into monthly subscription streaming.
NEW YORK — The sophistication of a global network of thieves who drained cash machines around the globe of an astonishing $45 million in mere hours sent ripples through the security world, not merely for the size of the operation and ease with which it was carried out, but also for the threat that more such thefts may be in store.
MONTREAL — Video game players may be the ideal candidates to operate military drones, suggests a study.
Problem is, they’re so conditioned to non-stop action while playing games that they’re prone to boredom in real-life scenarios, said associate Prof. Missy Cummings, who has studied how to improve drone pilots’ performance at the Massachusetts Institute of Technology.
SAN FRANCISCO — Microsoft is retooling the latest version of its Windows operating system to address complaints and confusion that have been blamed for deepening a slump in personal computer sales.
TORONTO — Canadian retailers who have delayed launching a robust e-commerce website are running out of time and face “their last wake-up call,” suggests a new report on the state of online shopping in Canada.
WHITE PLAINS, N.Y. — Scientists have taken the idea of a film short down to new levels. Molecular levels.
IBM says it has made the tiniest stop-motion movie ever — a one-minute video of individual carbon monoxide molecules repeatedly rearranged to show a boy dancing, throwing a ball and bouncing on a trampoline.
TORONTO—Canadian BlackBerry users who were hoping to get their hands on the latest version of the keyboard smartphone may have to wait a couple more days, if they live outside of Toronto.
The company said the release of the BlackBerry Q10 will begin first in the Greater Toronto Area tomorrow before it expands to the rest of Canada later in the week.
MOJAVE, Calif.—Virgin Galactic’s SpaceShipTwo made its first powered flight yesterday—breaking the sound barrier in a test over the Mojave Desert that moves the company closer to its goal of flying paying passengers on brief hops into space.
LAS VEGAS — Poker devotees will soon be able to skip the smoky casino and legally gamble their dollars away on the couch — at least in the state of Nevada.
A Las Vegas-based social gambling company is expected to launch the first legal, real-money poker website in the United States on Tuesday morning.