Technology

Ritchie Bros. Auctioneers Inc. completes acquisition of IAA Inc.

Ritchie Bros. Auctioneers Inc. announced it has closed its acquisition of U.S. firm IAA Inc. after a contentious few months that saw shareholders divided over the deal.

Mar 20, 2023 4:00 PM Read more >

Ten Vancouver-based companies receive $26M to expand to global markets

The federal funding aims to help leading B.C. businesses accelerate their growth and compete globally

Mar 20, 2023 2:59 PM Read more >

Amazon cuts 9,000 jobs; now at least 27,000 layoffs in 2023

Amazon employed about 10,000 workers in B.C. as of last year

Mar 20, 2023 8:23 AM Read more >

Ballard posts big net loss for 2022

Lower revenues blamed on poorer than expected performance in China

Mar 17, 2023 11:36 AM Read more >

New Canadian biotech hub to be led by Vancouver researchers

They want to respond to future public health emergencies within 100 days.

Mar 15, 2023 12:57 PM Read more >

Canadian tech sector expects collapse of SVB to have 'chilling' effect on investments

TORONTO — Members of Canada's technology sector say they're worried the collapse of the Silicon Valley Bank (SVB) will have a chilling effect on investments in the already-hampered sector.

Mar 15, 2023 8:28 AM Read more >

Ritchie Bros. shareholders approve acquisition of IAA Inc. at special meeting

VANCOUVER — Ritchie Bros. Auctioneers Inc. says its shareholders approved the company’s deal to buy U.S. automotive salvage company IAA Inc. at a meeting Tuesday that caps months of criticism since the acquisition was announced in November.

Mar 14, 2023 9:30 AM Read more >

Facebook parent Meta slashes another 10,000 jobs

Facebook parent Meta is slashing another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs.

Mar 14, 2023 7:23 AM Read more >

B.C. innovation minister and Vancouver mayor head south on trade mission

Pair stopping in Austin, San Francisco in hopes of landing an anchor company

Mar 10, 2023 11:50 AM Read more >

Employment falls at B.C.-based software companies

Average local employment at B.C.’s largest software companies fell over the past year, indicating that B.C. is not immune to the layoffs sweeping through many North American technology companies. Average B.C. employment declined 2.

Mar 9, 2023 3:41 PM Read more >