Tuesday, May 17, 2022

Coffee Briefing March 22, 2022 – new venture fund focuses on national security and critical infrastructure in Canada; new research says Google makes us more likely to forget things; and more

Coffee Briefings are timely deliveries of the latest ITWC headlines, interviews, and podcasts. Today’s Coffee Briefing is delivered by IT World Canada’s editorial team!

Missed last week’s Coffee Briefing? We’ve got you covered.

What’s new this week

One9 Venture Fund launches venture fund to encourage innovations in defence and national security

ONE9 Venture Partners today announced the launch of Special Mission Fund I, a specialized venture capital fund focused on national security and critical infrastructure. This is the first fund with a national security focus to launch in Canada.

The new fund, which has an anchor commitment from Kensington Capital Partners of C$10 million, has a fundraising target of $50 million. It will be led by General Partners Glenn Cowan, who is a retired Squadron Commander in Canada’s Joint Task Force 2 (JTF2), and co-founder of Shopify Daniel Weinand. 

“As innovations in defence and national security are more critical today than ever before, bringing a new and untapped investment vertical to the Canadian market was very appealing,” said Weinand. “As an operator with hands-on experience scaling one of Canada’s most successful technology companies, I have the opportunity to apply key learnings to the investment decisions we make and provide guidance to ONE9 Venture Partners portfolio companies,” said Cowan.

ONE9 Venture Partners is a Canada-based joint venture between Ottawa-based venture capital firm ONE9 Investments and Toronto-based investment firm Kensington Capital Partners. ONE9 Venture Partners combines ONE9’s Tier 1 Special Operations experience, unique deal flow access, and classified military and intelligence knowledge, with Kensington’s private equity and venture capital expertise. It aims to bridge the gap between private capital markets and the world’s most innovative military technologies with substantial civilian uses.

Shopify launches link-in-bio tool built for commerce

Shopify today announced the launch of Linkpop, its commerce-first link-in-bio product for creators.This is the first of Shopify’s investments in supporting creators.

With Linkpop, the company explains, creators can store all of their brand-building links in one place and sell products directly from their link-in-bio page. The creator’s social media followers can then browse and purchase directly from the creator’s Linkpop, without having to leave the app they were already using. In this way, Linkpop aims to make it easy for creators to sell directly on their preferred platforms.

Google makes us more likely to forget things – report

Source: Emils Vanags | Getty Images

According to research from the University of Cologne, being able to access information from Google through its easy-to-use search engine makes us less likely to remember it.

The study, conducted by Dr. Esther Kang, investigated how having easily accessible information online affects people’s management of knowledge. The research revealed that when information is easily retrievable via search engines like Google, users are less likely to deeply process and actually understand detailed information because they can easily find it whenever needed.

“When individuals know they have easy access to information, they are more likely to remember how to access it, for example the search term, rather than remember the detailed information,” says Dr. Kang.

Dr. Kang adds that this is because people have an inherent tendency to minimize the amount of information they have to hold in their heads, and avoid the effort it takes to remember details. 

The research was published in the Journal of Experimental Psychology: Applied.

Canada’s grocer Ninja raises millions to boost its growth 

The first 10-minute grocery and essentials delivery service in Canada, Ninja yesterday announced it has raised C$2.8 million from U.S.-based individual investor Lachy Groom, logistics giant Flexport and venture fund Contrary Capital to further accelerate its growth.

“This new round of investment allows us to speed up our store expansion plans and bring 10-minute delivery of grocery and consumer essentials to more homes in Canada.” said Wesley Yue, chief executive officer of Ninja. “Canada’s ecommerce penetration of the grocery market is only 8 per cent. As the ecommerce share of grocery spend in Canada continues to climb, we are certain that the grocery stores of the future will be built to serve online purchases from the ground up, rather than as an afterthought to existing grocery infrastructure.” 

Ninja explains its proprietary dispatching algorithm makes couriers more efficient compared to industry standards, doubling orders delivered per hour to enable 10-minute grocery delivery in Toronto and Waterloo, ON. Unlike some last-mile delivery services, the company delivers out of its own dark stores, where they hold more than 1,300 products in diverse categories that include alcohol, Ontario-raised meat & produce, beverages, health, bath & beauty, cleaning, and home & office products. To reduce their carbon footprint, Ninja couriers complete all deliveries on e-bikes. Open until 2 a.m. in Toronto and 3 a.m. in Waterloo, the company offers free delivery for purchases over C$10.  

BC Tech Association appoints president of Telus Security and Automation to its board

Telus has announced that Jason Macdonnell, president of Smart Security & Automation at Telus, has joined the board of the BC Tech Association, a member-led technology non-profit in British Columbia dedicated to turning startups into scaleups. 

At Telus, Macdonnell leads the team responsible for the strategy and implementation of smart security and automation systems for homes and businesses. Since joining Telus in 2002, Macdonnell has held a variety of key leadership roles in marketing, operations, field services, organizational change, and acquisitions. 

The BC Tech board now consists of 17 B.C. tech leaders with a wide range of expertise and governance experience. 

Lenovo expands loyalty program into Canada

Lenovo last week announced it is now offering its rewards program in Canada. MyLenovo Rewards will allow Canadians to save on their most important technology purchases. To celebrate the launch of the program, the company is giving its new members in Canada double the MyLenovo Rewards on purchases made from now until March 31st. It is also hosting a monthly sweepstakes for the first three months of the program, where select winners will receive $20-$100 in Rewards point just for signing up for the MyLenovo Rewards program. More information on the company’s rewards program can be found here.

More to explore

7 new year’s resolutions for CIOs

To achieve success as a business and technology executive in 2022, here are seven resolutions that CIOs should consider, with the idea of committing to the two to four goals that best resonate with their personal ambitions. 

Rapid digital transformation presents a massive opportunity for the channel

For nearly two years, IT departments have been reacting to evolving business and customer needs. The challenge now is for businesses to deliver this pace of digital transformation on a sustainable basis. They need to move from the reactive mode that has plagued most IT departments and embed the processes and technologies to support digital transformation as a regular part of doing business.

Vulnerability discovered in CRI-O container engine for Kubernetes

Linux administrators with the CRI-O container runtime for Kubernetes in their environments are urged to immediately install the latest patch to close a serious vulnerability.

Database administrators urged to tighten security against RAT

Microsoft SQL and MySQL database administrators are being warned to lock down their servers after security researchers discovered a campaign to infect them with a remote access trojan (RAT).

Samsung’s A53 5G smartphone could be this year’s best midrange heavy-hitter

Samsung announced the Galaxy A53 5G smartphone on March 17, bringing more performance to its popular mid-range lineup.

Rogers combines its 5G network with Microsoft Azure to help SMBs enhance customer experience

Rogers and Microsoft yesterday announced a five-year strategic alliance to help enterprise and small and medium business customers accelerate digitization and take full advantage of hybrid work and 5G-enabled solutions. 

Federal government targets “harmful” online disinformation

The Government of Canada is strengthening its digital citizenship initiative to counter “harmful” disinformation, “misleading” information, and propaganda circulating online.

Critical infrastructure is the new front line

Critical infrastructure is often targeted through operational technology (OT) systems that depend upon hardware and software to monitor and control devices and processes. Historically, OT attacks were rare, limited to specialized industrial control (ICS) and supervisory control and data acquisition (SCADA) systems. Today, attack tactics and techniques are designed for these systems are readily available on the dark web for anyone to purchase and use.

Launching in April – a free Lighthouse Labs program to teach Canadians data skills

The free initiative aims to help people of all skill levels build a foundation for data skills by spending just 30 minutes a day working on the challenges. Lighthouse Labs says that the challenge is fun, free, and filled with rewards.

Channel Bytes March 18, 2022 – Extending fabric networks; MSP survey results; Public cloud use increasing; and more

Staying informed is a constant challenge. There’s so much to do, and so little time. But we have you covered. Grab a coffee and take five while you nibble on these tidbits

Listen to the latest episode of Hashtag Trending

Australia’s federal government wants to introduce new laws to cut down on misinformation, Amazon acquires MGM for $8.45 billion, and the District of Columbia attorney general is suing Grubhub.

Listen to the latest episode of Cyber Security Today

This episode reports on the cause of a huge hack a TransUnion South Africa, the abuse by a developer of an open-source library to attack Russia, and two updates that need to be installed

Listen to the latest episode of Hashtag Tendances (Hosted by Direction Informatique)

If you live in Quebec or prefer to consume the latest technology news in French, our sister publication Direction Informatique has you covered. Follow them on Twitter as well.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication. Click this link to send me a note →

Jim Love, Chief Content Officer, IT World Canada
Pragya Sehgal
Pragya Sehgal
Born and raised in the capital city of India - Delhi - bounded by the river Yamuna on the west, Pragya has climbed the Himalayas, and survived medical professional stream in high school without becoming a patient or a doctor. Pragya now makes her home in Canada with her husband - a digital/online marketing fanatic who also loves to prepare delicious meals for her. When she isn’t working or writing around tech, she’s probably watching art films on Netflix, or wondering whether she should cut her hair short or not. Can be contacted at psehgal@itwc.ca or 647.695.3494.

Related Tech News

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.