January 18, 2018 Toronto is one of 20 North American cities – and the only one in Canada – still being considered by online retail giant Amazon for its second North American headquarters. But experts at the University of Toronto say that doesn’t mean T-dot, to borrow a dated moniker, is a long shot – far ... Read more
January 17, 2018 The crowdsourced entertainment startup Wattpad, co-founded by two University of Toronto alumni, has secured a US$51 million round of financing that it says will be used to invest in machine learning and new forms of interactive storytelling. The funding round, announced Wednesday, was led by Chinese internet giant Tencent Holdings and values ... Read more
January 16, 2018 Noureddin Chahrour’s successful 2015 appearance on CBC’s Dragon’s Den was a key turning point for his research-based startup Adrenalease Posture Apparel – but not in the way you might think. Chahrour, a University of Toronto alumnus, agreed on-air to hand over 30 per cent of Adrenalease, which makes posture-enhancing garments, ... Read more
January 10, 2018 One of Canada’s biggest banks has purchased a promising artificial intelligence, or AI, startup that was co-founded by two U of T alumni and a local lawyer and entrepreneur – further evidence of how big corporations are eager to scoop up the country’s top AI talent.
TD Bank said this week that ... Read more
January 9, 2018
A Toronto-app, which thwarts both firewalls and internet censorship, is reporting a 20-fold increase in users in the spans of five days, almost all of the new users hailing from Iran, where internet access has been blocked by the government. Psiphon is a decade-old app invented in the Citizen Lab, ... Read more
January 4, 2018 The mythology of the successful tech startup usually involves a novel idea, a brilliant dropout and a grubby garage.
But Joseph Orozco, executive director of The Entrepreneurship Hatchery at the University of Toronto, says the reality is often much different.
“Not all entrepreneurs are brilliant misfits toiling away over stale pizza and cold ... Read more
January 3, 2018
Mark Ang is too young to have many skeletons in his closet, but he’s super keen on carting away whatever extra stuff you can’t fit into yours.
The 22-year-old Toronto entrepreneur came up with the idea for an online storage solution called Second Closet when he and his older brother David, ... Read more
December 26, 2017 The legends of successful startups have become the stuff of Hollywood storylines: Steve Jobs and Steve Wozniak hacking together the first Apple computers in Mr. Jobs’s garage; Mark Zuckerberg building Facebook in his dorm room; and Jeff Bezos launching Amazon out of his – you guessed it – garage.
But not ... Read more
December 23, 2017 By 2060, over 98 million Americans will be over 65 years old — that’s 24% of the population. No doubt a large number of these folk will also be in jobs – around 27% of men over 65 years old are predicted to be working in 2022. That shows an ... Read more