Tag Archives: firm

23andMe on Sunday filed for bankruptcy in the U.S. after struggling with the fallout of a data breach and weak demand for its ancestry testing kits that featured in Oprah Winfrey’s annual list of favourite things just eight years ago. The biotech unicorn has seen a sharp fall in its …

Environmental group Greenpeace must pay more than $660 million US in damages for defamation and other claims brought by a pipeline company in connection with protests against the Dakota Access oil pipeline’s construction in North Dakota, a jury found Wednesday. Dallas-based Energy Transfer and subsidiary Dakota Access had accused Netherlands-based Greenpeace …

Google’s parent company, Alphabet, has struck a deal to buy cybersecurity firm Wiz for $32 billion US in what would be the tech giant’s biggest-ever acquisition, a move which comes at the same time it’s facing a potential breakup of its internet empire.    The proposed takeover announced Tuesday is part …

A long-withheld investigation into a 2019 hacking at LifeLabs Inc. that compromised millions of Canadians’ health data has finally been made public after an Ontario court dismissed the company’s appeal to prevent its release. A statement from the privacy commissioners of both Ontario and British Columbia says their joint report, …

One of three major tobacco companies involved in years of negotiations with creditors says it opposes the proposed multi-billion-dollar settlement announced in the case earlier this month. JTI-Macdonald Corp. has filed a document with an Ontario court indicating it does not support the proposal due to “critical outstanding issues.” The …

Private equity firm Altor said on Wednesday it has agreed to buy a majority stake in Canada’s iconic 125-year-old brand CCM Hockey, which specializes in manufacturing sports equipment and apparel. Private equity firms are increasingly looking toward the booming sports sector, where companies partner with popular leagues that attract large crowds …

The firm of the late architect who designed the Ontario Science Centre says the province’s decision to immediately close its doors over a problem with the roof was “absurd” and motivated by politics rather than safety concerns. Brian Rudy, a partner with Moriyama Teshima Architects, said news of the science centre’s abrupt …

It’s been two weeks since the provincial government’s decision not to search a Manitoba landfill for the remains of missing and murdered Indigenous women set off a wave of protests, but Premier Heather Stefanson says she hasn’t changed her stance. Stefanson told Global Winnipeg on Friday that the “difficult” choice …

Iran’s courts will deal firmly with anyone who causes disruption or commits crimes during a wave of anti-government protests, the judiciary said on Tuesday, signalling that authorities intend to hand down harsh sentences to convicted demonstrators. One of the biggest challenges to Iran’s clerical leaders since the 1979 Islamic Revolution, the …

For the last three years, callers to the federal government’s Canadian sport helpline who wanted to report bad experiences in hockey were referred to either a law firm or an insurance claims adjuster chosen by Hockey Canada, CBC News has learned. When the telephone service launched in March 2019, Sport …