Articles

  • 3 weeks ago | thelogic.co | Aimee Look

    Shares of the Vancouver-headquartered athleisure retailer fell around 20 per cent when the markets opened Friday, after it cut profit forecasts for the full year. The US$314.6 million in first-quarter net income it reported missed expectations by 0.8 per cent, according to analyst forecasts compiled by Visible Alpha. The retailer is making “modest” price increases on certain products and looking for “efficiency” in sourcing, CFO Meghan Frank said on a call with investors.

  • 3 weeks ago | thelogic.co | Aimee Look

    Tucked behind Web Summit’s main stage at the Vancouver Convention Centre was a room lined with rows of sand-coloured interview pods resembling horse stalls. Inside one sat Microsoft president and vice-chair Brad Smith. In an interview with The Logic before his keynote, Smith offered a sleek vision of the future of AI that formed a stark contrast with the rustic backdrop.

  • 4 weeks ago | thelogic.co | Aimee Look

    There hasn’t been this much energy in downtown Vancouver since the 2010 Olympics, says Jack Newton, chief executive of AI legal software company Clio. “It’s just buzzing,” he told The Logic. At Web Summit’s inaugural Vancouver conference, artificial intelligence dominated panels, pitches and investor chatter. Nearly every company claimed an AI angle, and many credited their momentum to funding and expertise from Silicon Valley.

  • 1 month ago | thelogic.co | Aimee Look

    The glass-paned convention centre in downtown Vancouver gives Web Summit’s 15,000 attendees a floor-to-ceiling view of the city’s crystal waters and snow-capped peaks. But Vancouver’s panoramic vistas are not what compelled the organizers to host one of North America’s largest technology conferences here. “Vancouver’s more than just the views,” the city’s mayor Ken Sim said at the event’s opening ceremony, which kicked off on Tuesday night.

  • 1 month ago | thelogic.co | Aimee Look |Claire Brownell

    Mathieu Staniulis, Desjardins’ chief transformation officer for retail banking, is four years and billions of dollars into a push to bring Desjardins into the digital age—and he’s not finished yet. “People are always asking me, when is the transformation going to be over?” Staniulis said in an interview.

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