The Peak Daily

The Peak / Curiouscast
undefined
May 2, 2023 • 10min

Strike over 🪧 — The public sector strike is over. Adidas is re-evaluating. And more AI concerns.

After 12 days of picketing, most striking federal government worker strikes are back on the job.After realizing it couldn’t make a fashion line in partnership with freakin’ Beyonce marketable, Adidas is stepping back to reassess its entire business.British-Canadian computer scientist and University of Toronto professor Geoffrey Hinton—known as one of the three “Godfathers of AI”—stepped down from his role at Google’s AI division so he could freely talk about the dangers AI currently poses.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
undefined
May 1, 2023 • 8min

Housing shortage 🏠 — CMHC says housing shortages are going down. There’s a new Twitter alternative. And new rules for airlines.

If you thought there already weren’t enough homes to go around, the Canada Mortgage and Housing Corp. (CMHC) wants you to know you ain’t seen nothing yet.Faced with a litany of annoying bugs and bewildering product changes, many Twitter users are looking for an alternative—the question has always been, what would that alternative be?The federal government is making it easier for you to win arguments with airlines’ customer service departments.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
undefined
Apr 28, 2023 • 9min

Overload 🔌 — Regional banks are in trouble. Hydro-Quebec is overloaded. And commercial real estate is in hot water.

Since the collapse of Silicon Valley Bank (SVB), it’s been tough sledding for US regional banks… and investors worry that First Republic could be the next to fall.Like a university student with a full course load, Hydro-Québec has taken on too much and is running low on energy… literally.Is commercial real estate the next domino to fall in our creaking global economy? A growing number of signs point to very possibly.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
undefined
Apr 27, 2023 • 8min

Gaming risk 🎮 — The Microsoft acquisition of Activision is at risk. Amazon and UOttawa partnership off the table. And Ikea is working to keep their furniture affordable.

Microsoft’s proposed US$69 billion acquisition of Activision Blizzard is in jeopardy after the UK’s competition regulator delivered, to put it in gamer parlance, a 360 no-scope kill shot.What do Amazon and your ex have in common? Both face accusations of being way too controlling.The company synonymous with “affordable furniture” is working hard to keep it that way.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
undefined
Apr 26, 2023 • 8min

Online streaming bill 📺 — Canadian railcars are going south. AI dominates earnings. And the latest on the online streaming bill.

On Alphabet and Microsoft’s earning day, let’s unpack the results…Pizza Pizza isn’t the only Canadian entity heading to Mexico. Soon, Canadian railcars will be making like us on Spring Break and taking trips down south.The contentious Bill C-11, or The Online Streaming Act, is set to pass in the Senate any day now.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
undefined
Apr 25, 2023 • 9min

Mexican-Canadian pizza 🇲🇽 — Pizza Pizza goes to Mexico. The federal strike is causing headaches. And the Port of Vancouver expands.  

Pizza Pizza opened its first international location in Guadalajara, Mexico, as Canada’s largest pizza chain looks to expand its horizons beyond its provincial borders.If you’re looking to renew your passport, apply for Canadian citizenship, or send a 40-foot shipping container’s worth of stuff anywhere, this might not be your week.The Port of Vancouver is planning a serious update to its operations, but updating a port isn’t as easy as updating your phone’s operating system or your LinkedIn headshot.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
undefined
Apr 24, 2023 • 9min

Bed Bath and Gone 🛀 — Bed Bath and Beyond is officially dead. Don’t pick up if Apple calls. And fashion houses are under scrutiny.

Bed Bath & Beyond, the home goods retailer known for sky-high merch displays and really bright lighting, has finally thrown in the towel and filed for bankruptcy.Apple is expanding its push into the realm of mental health products with a new pre-downloaded app (codenamed Jurassic) that will utilize iPhone usage data to make suggestions for what to jot downIf we learned anything from House of Gucci, it’s that the fashion biz isn’t always pretty.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
undefined
Apr 21, 2023 • 7min

/NATO bill 💵 — Canada isn’t following through on NATO commitments. Federal worker strike could have a big impact. And Buzzfeed pulls the plug on news.

Every friend group has that one buddy that’s happy to have all the fun but let someone else foot the bill. In NATO, Canada might be that guy.As Public Service Alliance of Canada (PSAC) workers hit the picket line, their fight for higher wages could disrupt more than just your spring travel plans.After over ten years in operation, BuzzFeed has pulled the plug on its news division.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
undefined
Apr 20, 2023 • 9min

Private Moon 🌝—New Snap features. Private companies going to Moon. Big strike among public sector employees.

This year for Snap: Flying selfie drones are out, and everything augmented is still very in.Top travel destinations for 2023: Venice, Maui, Seoul, and… the Moon?In what’ll be the single-most newsworthy strike since Shohei Ohtani’s final pitch at the World Baseball Classic, Canada’s federal workers are hitting the picket line.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
undefined
Apr 19, 2023 • 9min

CEO Switch 👨‍💼— Loblaws has a new CEO. AI musicians are putting out tracks. And Canadian companies IPO-ing elsewhere.

President’s Choice spokesman and Loblaw President Galen Weston will step back from the day-to-day operations of Canada’s biggest grocer after two years at the helm.In the last few days, a new song featuring Drake and the Weeknd racked up over 600,000 Spotify streams and 15 million views on TikTok. The only problem? The artists didn’t make it.There are many reasons to be proud to be Canadian, but some Canuck companies are feeling a lot less patriotic when it comes to going public these days.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app