ArticleMicrosoft $400 Million Investment In Swiss Data CentresMicrosoft recently announced a US$400 million investment in its Swiss data centres to develop cloud computing and AI infrastructure in the country.CanadaTechnologyGoodmans LLP
ArticleSpotify's AI: The Key To Unlocking Your Perfect PlaylistSpotify, the popular music streaming service, has been experimenting with AI-generated playlists created with prompts.CanadaTechnologyGoodmans LLP
ArticleEurope Opens Up Banking Sector To Fintech CompaniesCanadian fintech companies should take note that Europe has take a significant step in opening up the banking sector. European UnionTechnologyGoodmans LLP
ArticleFINTRAC Advisory Concerning Financial Transactions Related To High-Risk Countries Identified By FATFOn April 29, 2024, the Financial Transactions and Reports Analysis Centre (FINTRAC) issued an updated advisory (the "Advisory") concerning financial transactions related to countries identified...GlobalFinance and BankingGoodmans LLP
ArticleCut, Sew, But Don’t Sell: South Korea’s Supreme Court Clarifies Trademark LimitsSouth Korea's Supreme Court has issued a landmark ruling that clarifies the boundaries of trademark rights in the fashion industry, specifically addressing whether trademark owners can control the resale of modified branded goods.South KoreaIntellectual PropertyGoodmans LLP
ArticleUS Federal Judge Denies AI CopyrightThe plaintiff, Stephen Thaler, attempted to copyright an AI-generated image "as a work-for-hire to the owner of the Creativity Machine".United StatesIntellectual PropertyGoodmans LLP
ArticleCanadian Securities Administrators Publish Final Proxy Voting ProtocolsThe Canadian Securities Administrators published Staff Notice 54-305, which sets out the final version of the new operational protocols that are intended to enhance the accuracy, reliability and accountability of the proxy voting system in Canada.CanadaCorporate/Commercial LawGoodmans LLP
ArticleCSA Provides Revised Guidance On Disclosure Of Non-GAAP Financial MeasuresThe Canadian Securities Administrators have revised Staff Notice 52-306 Non-GAAP Financial Measures to provide additional guidance to issuers using non-GAAP financial measures in continuous disclosure materials.CanadaCorporate/Commercial LawGoodmans LLP
ArticlePricing Carbon To Support The Clean Energy TransitionOn Monday, October 3, Prime Minister Trudeau provided details of the previously-announced federal plan to price carbon across Canada. CanadaEnergy and Natural ResourcesGoodmans LLP
ArticleSEC Proposes New Mining Disclosure RulesThe Securities and Exchange Commission (SEC) this month unveiled proposed rules intended to modernize the disclosure requirements for SEC-registered companies engaged in mining activities. CanadaEnergy and Natural ResourcesGoodmans LLP
ArticleCSA Announces Exemptions From Filing Requirements During Deferred Switch To SEDAR+On June 8, 2023, Canadian Securities Administrators provided an update on the previously announced exemptions from certain securities law filing requirements in connection with the transition from the existing System for Electronic Data Analysis and Retrieval to the new System for Electronic Data Analysis and Retrieval +.CanadaFinance and BankingGoodmans LLP
ArticleBoeing Lawsuit Blasts Off: Virgin Galactic Accused Of Stealing Trade SecretsBoeing and its subsidiary, Aurora Flight Sciences, are reportedly suing Virgin Galactic, a space tourism start-up, for allegedly misappropriating trade secrets and failing to pay $25 million for work completed. CanadaIntellectual PropertyGoodmans LLP
ArticleHurdles To Certifying A Cyber-Attack Class ActionA recent decision from the Ontario Superior Court of Justice highlights some of the difficulties plaintiffs might face when seeking to certify a class action relating to the disclosure of personal information from a cyber-attack.CanadaLitigation, Mediation & ArbitrationGoodmans LLP
ArticleBreaking And Entering (New Markets): How GTA Is Disrupting The Tech Supply ChainThe Greater Toronto Area is emerging as a significant disruptor in the global technology supply chain, challenging traditional tech hubs and established market dynamics. This analysis explores how the region's unique advantages and strategic positioning are reshaping the competitive landscape for technology companies and supply chain operations. Understanding these shifts is crucial for businesses navigating the evolving tech ecosystem and considering expansion into new markets. CanadaMedia, Telecoms, IT, EntertainmentGoodmans LLP
ArticleCanada Looking To Maintain "Competitive Edge" In AI With $2.4 Billion CommitmentThe Federal government is setting aside $2.4 billion in its upcoming budget to build capacity in artificial intelligence. In this announcement, Justin Trudeau stated the $2.4 billion package...CanadaTechnologyGoodmans LLP
ArticleCanadian Securities Regulators Propose To Regulate Crypto-Asset PlatformsThe Canadian Securities Administrator (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC, together with the CSA, the "Regulators")CanadaTechnologyGoodmans LLP
ArticleClosing In: The Regulatory Era Of Generative AIGenerative Artificial Intelligence ("AI") has seen explosive growth in 2023. According to the latest McKinsey Global Survey, AI has evolved from a tech-focused...CanadaTechnologyGoodmans LLP
ArticlePerceptive Space Raises $3.9 Million To Predict Space Weather Using AIPerceptive Space, a Canadian aerospace startup, closed a CAD $3.9 million (USD $2.8 million) pre-seed funding round. This marks the company's first external funding to date.CanadaTechnologyGoodmans LLP
ArticlePowering AI: How Tech Giants And Innovative Cooling Solutions Are Shaping The Future Of Data CentersThe rapid advancement of artificial intelligence (AI) is significantly increasing the energy demands of data centers, prompting major technology companies to explore innovative solutions to power these facilities sustainably.CanadaTechnologyGoodmans LLP
ArticleXatoms Launches Water Purification Pilot Projects With $3 Million In Pre-Seed FundingXatoms recently announced the completion of C$3 million in pre-seed funding (C$2 million in equity and C$1 million in non-dilutive grants) to begin commercializing its technology...CanadaTechnologyGoodmans LLP