The Peak Daily

As the global semiconductors arms race gets hotter than a ten-year-old laptop trying to run a browser with multiple tabs open, one Canadian chip leader just got a lot less Canadian.Now might be a good time to buy Planet Fitness stock, because over half the world’s population will be either overweight or obese by 2035 if trends hold, according to a new report by the World Obesity Federation.The newest trend sweeping TikTok is yet another example of why you can't trust everything you see online.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

A parliamentary committee voted to call on the Prime Minister to open an independent public inquiry into foreign interference in the 2019 and 2021 elections.The Chief Science Advisor of Canada wants to get to the bottom of this UFO business.If you’ve been waiting to order a copy of Prince Harry’s memoir or various home goods of questionable usefulness from Indigo, you’re gonna have to keep waiting.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

GoerTek, a major Apple supplier, invested millions into a new production plant in Vietnam and is weighing an Indian expansion as it looks to [leave China](https://www.bnnbloomberg.ca/apple-suppliers-are-racing-to-exit-china-airpods-maker-says-1.1889086#:~:text=(Bloomberg) -- Apple Inc.,US company's most important partners.).Netflix’s first stage play will premiere later this year in London’s famous West End.Shopify is revamping its compensation structure to reward individual contributors with the same financial incentives that benefit those in management positions.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

We have some terrible, no-good news: rewards programs are getting less rewarding.A new paper in Frontiers in Science details one research group’s case for organoid intelligence—the practice of using tiny clumps of human stem cells to power computers.Provincial budget season is in full swing after Alberta and BC unveiled their #spendinggoals. In case you weren’t watching with popcorn in hand like we were, here’s the lowdown.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Venture capitalist (VC) money might be drying up—dropping by a third globally last year—but startups are still fetching billion-dollar valuations by tapping into something that never goes out of style: Matters of national security.Twitter laid off another 200 employees—or about 10% of its remaining workforce—bringing the company’s headcount to less than 2,000 from about 7,500 when Elon Musk officially took over the company in October of last year.Big charities like Oxfam, Unicef, and World Vision are calling on Canada to step up their foreign aid game.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Air Canada is piloting (and not the in-the-air kind) facial recognition tech for passengers boarding certain flights from Vancouver to Winnipeg.Canada’s inflation rate is cooling, but might prove to be sticky.You may have never heard of Tobias Jesso Jr., but he’s a shining, homegrown example of just how lucrative being a songwriter can be in the age of music royalty sales.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

The head of the Royal Norwegian Air Force has a vision for Arctic security that involves Canada, the US, Finland, Sweden, and (of course) 250 ultra-modern fighter jets.Google is testing ways to block Canadian users from seeing news content on Search, as part of a spat with the feds over the idea that tech giants should pay up for linking articles.JPMorgan has told ChatGPT to clear its desk and head on home.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Canada plans to bring 1.5 million newcomers aboard over the next three years, over 50% of whom will be economic immigrants. But they will face an uphill battle to reach their full potential.A federal agency has very quietly decided that the government shouldn’t be using TikTok.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Despite a lacklustre earnings report marred by slowing sales, Home Depot will commit US$1 billion towards wage increases for its hourly workers in Canada and the US, with handy hardware helpers set to receive pay bumps later this month.Canada will deploy two naval vessels to the coasts of Haiti that will be tasked with monitoring the waters around the capital city of Port-au-Prince.Data from the largest-ever 4-day work week pilot shows that the 61 UK organizations participating in the six-month study, 92% said they would stick with the shorter week.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Portugal will stop offering so-called golden visas—which grant non-EU nationals residency permits in exchange for investments into the country starting at ~$500,000—in an attempt to tackle a lack of affordable housing.You can now add electoral influence to your list of “things the West and China are fighting about” along with spy balloons, research funding, and real estate investing.If you’ve been on social media, you’ve probably come across a pair of red boots that look stolen off the feet of a claymation clown and wondered to yourself: “What are these things?”Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO