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Twitter-rival Threads surpasses 100 million new users

Mark Zuckerberg’s Meta has capitalized on Threads being linked to Instagram to grow the new platform’s user base.

United kingdomElon muskKevin jiangJoshua chongMark zuckerbergAlex spiroAssociated pressEuropean unionQuiver quantitativeBluesky socialSocial mediaSmg technologySmg2 businessInhousearticle thestarDct ts technology

NordStar, Postmedia terminate merger discussions

Talks called off due to regulatory and financial uncertainty around the deal and because parties were unable to agree on terms.

United statesAndrew macleodClarrie feinsteinToronto star incNational postToronto starNordstar capitalStar capitalMetroland mediaToronto sunJordan bitoveSmg businessInhousearticle thestarDct ts technology

Quebecor pulls ads from Facebook and Instagram in response to plan to block news

Both Meta and Google have said they would remove Canadian news from their platforms to avoid having to compensate the news outlets.

Meta facebookQuebecor incOnline news actJournal de montrealJournal de quebecCanadian pressCp businessCp politicsCcp mediaCp telecomFeed automatedFeedprovider cpSmg businessCp urgency 2Dct ts technology

The high cost of cyberattacks Report finds most firms pay up

Indigo refused to pay when a ransomware attack took down its e-commerce platform losing millions in the process.

Communications security establishmentToronto stock exchangeIndigo booksSunny handaCalgary based suncorE commerceOnline ransomCyber crimeSmg businessInhousearticle thestarDct ts technology

Toronto Star owner in talks to merge with Postmedia

NordStar, Postmedia would have 50% voting stake in a new company that would control most of the combined assets of both. Toronto Star would be spun into second company controlled by NordStar.

New brunswickPaul rivettAndrew macleodPostmedia network incToronto star incPostmedia network canada corpNational postNordstar capitalToronto starMetroland mediaToronto sunJordan bitoveNetwork canadaChatham asset managementNew jersey basedSmg business

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