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JPMorgan to buy online payment provider WePay

(Reuters) – JPMorgan Chase & Co said on Tuesday it would acquire online payment provider WePay as the bank …read more Source: Reuters Tech News

Bank of Canada, TMX to test blockchain for securities settlement

TORONTO (Reuters) – Canada’s central bank, Toronto Stock Exchange operator TMX Group Ltd and Payments Canada said on Tuesday they …read more Source: Reuters Tech News

IBM’s revenue beats estimates on cloud, security services

(Reuters) – International Business Machines Corp handily beat analysts’ quarterly revenue estimates on Tuesday as the technology company’s shift …read more Source: Reuters Tech News

Startup Magic Leap raises half a billion in new funding

(Reuters) – Magic Leap, a well-funded and secretive startup, said on Tuesday it has raised $502 million in a new …read more Source: Reuters Tech News

Alphabet to develop high-tech waterfront site in Toronto

TORONTO (Reuters) – Canadian authorities on Tuesday tapped Google parent Alphabet Inc to help plan a mixed-use development along …read more Source: Reuters Tech News

Snap and NBCUniversal launch studio to produce shows for Snapchat

(Reuters) – Snap Inc , parent company of messaging and video app Snapchat, and NBCUniversal launched a joint venture …read more Source: Reuters Tech News

Head of Facebook’s secretive hardware unit to step down

(Reuters) – Regina Dugan, the head of Facebook Inc’s secretive hardware unit, will step down early next year, she said …read more Source: Reuters Tech News

Transenterix won’t compete head-on with Intuitive Surgical: CEO

(Reuters) – Transenterix Inc’s chief executive played down on Tuesday the threat posed by his company’s surgical robotic system to …read more Source: Reuters Tech News

Alphabet to develop high-tech site in Toronto: sources

OTTAWA/TORONTO (Reuters) – Alphabet Inc, the owner of Google, will announce plans to help develop a section of Toronto’s waterfront …read more Source: Reuters Tech News

Exclusive: Microsoft responded quietly after detecting secret database hack in 2013

(Reuters) – Microsoft Corp’s secret internal database for tracking bugs in its own software was broken into by a highly …read more Source: Reuters Tech News