Microsoft stops making Xbox 360 consoles

Microsoft has announced that the 10 year run of the XBox 360 console has come to an end. The company announced that they will stop manufacturing the Xbox 360.

“Xbox 360 means a lot to everyone in Microsoft,” Head of Xbox Phil Spencer notes in a post to the Xbox Wire blog. “And while we’ve had an amazing run, the realities of manufacturing a product over a decade old are starting to creep up on us. Which is why we have made the decision to stop manufacturing new Xbox 360 consoles. We will continue to sell existing inventory of Xbox 360 consoles, with availability varying by country.”

XBox 360 was kept on despite the existence of the XBox One which suffered from weaker sales when compared to the PS4. With a newer, smaller XBox One expected to be announced at E3. Microsoft will continue to support XBox Live, 4,000 game titles are available for the now classic console, hardware will continue to be supported indefinitely and various Xbox 360 games are now compatible with Xbox One. Read more about it here.

Source: Thurrott.com

BMO launches “Next Big Idea in Fintech” with the DMZ at Ryerson University

Around the world, financial services technology is evolving rapidly and the pace of change is accelerating.  Canada has become a leading source of new ideas, and BMO Financial Group wants to ensure that the next big idea gets the support it needs to make it a reality and benefit Canadian consumers.

 BMO today announced a partnership with the DMZ at Ryerson University that will help identify those innovative minds that will create these new technologies, and then provide support to their start-up enterprises.

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Toronto's NewCo Festival and business conference is scheduled for September 15

NewCo, a fresh concept that creates a platform to learn, connect, and celebrate the world's most intriguing businesses and organizations, is holding its first Canadian NewCo Festival this Fall in Toronto.

NewCo represents a radical departure from the traditional conference format. Rather than learning in a conventional, theatre-style setting, festival attendees visit companies of their choice throughout an urban setting. Attendees learn about the companies first-hand from leaders and CEOs, right inside the offices where they work.

The brainchild of Wired magazine co-founder and media and tech entrepreneur John Battelle, NewCo launched in 2012 in San Francisco and is now operating in over 15 diverse cities around the world including Istanbul, San Francisco, Amsterdam, Mexico City and Barcelona. The events have attracted over 25,000 curious and influential festival-goers and well over 1,000 companies have participated across North America, Europe, and Latin America.

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Netflix to feature more content in eye-popping HDR

Netflix is currently getting competition from various Canadian and US services who are trying to cash in on the streaming company's success. As a result, Netflix needs to find new ways to be able to offer subscribers a premium experience (so they can entice them to pay for higher tiers of service). One way Netflix is moving the needle is by offering more content in HDR format. HDR, as it applies to photos and video, means high dynamic range, greater color saturation and levels of detail which, depending on the TV you are using, can dramatically enhance the picture and image of the video you are watching.

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