Canada Lags Behind in Retail Trading Platform Options

Photo by Austin Distel on Unsplash

The trade fiasco at the end of January saw the undermining of hedge funds like Melvin Capital.  These multi-billion dollar firms saw their short selling investment opportunities plummet by the oddest group of people you could think of: internet forum users. Members of the Reddit platform sub-group, WallStreetBets decided to pull the rug out from under hedge funds and others holding a large ‘short’ position - trying to make money by projecting the price of the stock will drop – in names such as Gamestop and AMC. 

Using low-commission web and mobile trading software like Robinhood, these anonymous internet users were able to disrupt huge hedge funds. Unfortunately, when Robinhood got a hold of the situation, they restricted trading in a few of these specific stocks as they tried to raise more capital to back the rise in trading being done. 

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Microsoft Surface Laptop 4 gets updated internals

Source: Microsoft

Microsoft has just updated its Surface laptop line with the Surface Laptop 4. The significant upgrade to this machine is its new processors. Everything else is the same as its predecessor. As for build options, you can choose between Alcantara or metal finish in sandstone, black, platinum, or the new ice blue colour. Colour availability depends on the configuration you choose.

You get the same 201ppi touchscreen display, clamshell body, studio mic array, built-in HD front-facing camera, and Dolby Atmos speakers.

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Siri leaks upcoming Apple event on April 20

Source: MacRumors

While we aren't sure if it's an intentional or unintentional move, Apple's Siri voice assistant has information on the upcoming Apple event. When asked, "When is the next Apple event?" Siri responds with, "the special event is on Tuesday, April 20, at Apple Park in Cupertino, CA. You can get all the details on Apple.com." According to MacRumors, the virtual assistant is sharing the information in certain instances on different Apple devices. 

It's long been speculated that Apple has an upcoming launch. Perhaps the company wanted to introduce that uniquely. And as Engadget pointed out, Apple press event invites are usually sent a week before they happen, so we're expecting to get confirmation today.

What will the company launch? We might see two new iPad Pro models and the launch of the AirTags Bluetooth tracker. We'll make sure to send out updates when we get them.

Update on Tuesday, April 13, 2021 at 11:40PM by Nicole Batac

Apple has finally sent out press invitations for the virtual event, with a tagline "Spring Loaded." As Siri mentioned, it will take place at Apple Park headquarters in California on April 20.

Source: CNN

Apple sees economic growth in Canada through the App Store

Photo by Corinne Kutz/Unsplash

While many physical stores had to shut down because of the pandemic, Apple has seen some growth in what it calls the iOS app economy. The company says it's been a "resilient source of opportunity, innovation, and economic growth." That Canadian developers continue to grow their businesses and share new apps with the world through the pandemic. 

The App Store now supports over 243,000 Canadian jobs, which it says is 18% more than the past year. It reports that developers across Canada have generated over $2 billion in total earnings, growing 20% in 2020 from the previous year. What's interesting to note is that 90% of the revenues Canadian developers are earning come from outside the country.

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