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Aurigo Software chosen to manage City of Toronto’s real estate portfolio
Aurigo Software to manage City of Toronto’s RE portfolio
The City of Toronto has selected Aurigo Software to manage its vast real estate portfolio, signing a multi-year contract with the Austin, Texas-based company. Aurigo will soon deploy its flagship product suite, known as Masterworks, that will manage project delivery.
Fairfax Financial sells out of BlackBerry, takes big loss
Fairfax Financial Holdings Ltd. has sold out of BlackBerry Ltd. (BB-T), ending a once-close but ultimately money-losing 16-year relationship with the Canadian technology pioneer – just as its car software business is drawing renewed investor interest.
Canadian payment giant sold to U.S. private equity firm
Moneris, a payment processing company responsible for approximately one in three payment transactions across Canada, will soon be owned by an American private equity firm. RBC and BMO are selling the firm to Francisco Partners for $2 billion.
Stripe clinches over $7-billion deal to buy OpenRouter
Stripe Inc. has finalized an agreement to acquire OpenRouter Inc., a startup that helps companies switch between artificial intelligence models, for more than $7 billion. The deal comes just months after OpenRouter raised money at a $1.3-billion valuation.
TikTok exploring feature to send money by DM
TikTok is exploring how to allow users to send money to each other in direct messages, in a move that would extend the social media app’s push into financial services. The existing Asian TikTok Pay offering would handle the transactions.
Brdg secures $850,000 to modernize construction financing
Montréal’s Brdg has closed $850,000 in pre-seed funding to help real estate developers, cost consultants and lenders navigate the complex world of financing construction projects in Canada. “The construction financing process is quite archaic,” Brdg co-founder Ness Cabessa said.
Crime-fighting cameras sparked a privacy backlash
Thousands of U.S. cities and towns have installed surveillance tools made by Flock Safety, a fast-growing Atlanta startup. The connected devices, such as sensors and automated license plate readers, have allowed law-enforcement agencies to map vehicles’ travel over long distances.
Maryland tax court voids digital ad tax, orders refunds
A Maryland state tax court has struck down the state’s first-in-the-nation tax on digital advertising and ordered state officials to repay the tax money already collected from big tech firms, saying the tax violates the federal Internet Tax Freedom Act.
Serve Robotics expands DoorDash deal, adds Grubhub
Serve Robotics Inc. announced a new partnership with Grubhub and an expansion of its collaboration with DoorDash Inc. to two more U.S. cities, its latest moves following a fallout with former investor Uber Technologies Inc.
Uber adds Zipline drones to its Eats delivery network
Uber is investing in, and partnering with, drone delivery company Zipline with the goal of making one million deliveries per day using the startup’s drones starting in 2029. Zipline drones will make the first deliveries for Uber Eats in 2026.
Once-struggling SK Hynix became a trillion-dollar company
SK Hynix Inc. is hardly a household name. But the maker of memory chips, which two decades ago was struggling to survive, is now South Korea’s second-most valuable listed company, just behind Samsung Electronics Co.
Databricks raised $5B at a $190B valuation.
There’s a funny kind of game that the latest of late-stage startups must play when raising money. They often have to sell more shares than they want or risk offending some of their existing VCs.
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PropTech | Jeffrey Berman, VC
Sep 10 2026
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PropTech | Jessica Beck, CEO, Alfred
Oct 10 2026
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Business in Transition
Oct 21 2026
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Nov 04 2026
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Vancouver Convention Centre West
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