Consumer Technology

MONTREAL — Lightspeed Commerce Inc. is reporting a US$48.7 million net loss in its most recent quarter as it introduced several products to new markets.

TORONTO — Spin Master Corp. says it earned US$28 million in the second quarter, down from US$88.1 million a year earlier. The Toronto-based toy and entertainment company says revenue was US$420.7 million, down from US$506.

Shopify Inc.'s president said a recent move to streamline operations with a significant layoff and bolster merchant offerings with technology like artificial intelligence has left the company well positioned for growth.

SOUTHWOLD, Ont. — Amazon Canada. says it will open a new robotics-backed fulfilment centre south of London, Ont. later this year. The e-commerce giant says the new fulfilment centre is expected to open in Southwold on Oct. 1.

Amanda Round’s parents splurged on a high school graduation present for her: a $3,000 Microsoft Book 3 laptop.

MONTREAL — National Bank of Canada says it will acquire the Canadian branch of Silicon Valley Bank's commercial loan portfolio.

BlackBerry Ltd. says some of its software and services have been chosen for use in a Foxconn-backed electric vehicle consortium. The Waterloo, Ont.

As Shopify President Harley Finkelstein works, he often keeps a ChatGPT window up on his computer.

TORONTO — It knows when you've been online shopping, the last time you worked out and whether you’ve been lurking on your ex’s profile.

Canada's heritage minister is leaving the door open to regulating new social media platform Threads under a bill forcing Google and Meta to pay publishers for content they link to or repurpose.