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Sophic Client GameSquare Esports (GSQ-CSE, GMSQF-OTC, Sophic Client) announces US$3.0 million Private Placement led by Goff Capital and the Jones Family and a new strategic investor to further strengthen the Company’s shareholder base. In a recent report, we examine, Sophic Client, Edge Total Intelligence (CTRL-TSXV) offerings as edgeTI’s software provides enterprises a single point of control software enabling the rapid coordination and execution of informed decisions. This is a US$23 billion industry, and edgeTI is establishing itself to grow in this industry. Shopify told employees on Thursday that it will raise all employees’ base salaries, The Information has learned. The salary increases will come into effect starting in July, according to a person familiar with the matter. The move follows The Information’s report that Shopify was suffering from staff defections, even as Shopify’s stock plunge this year has reduced the value of recent stock grants. Canada Pension Plan Investment Board (CPP Investments) today announced that it has invested US$425 million in VerSe Innovation Private Limited, one of India’s leading content technology platform companies. PokerStars and FanDuel join forces to strike major partnership deal with Maple Leaf Sports & Entertainment. Gartner forecasts global tech spending to hit US$4.4 trillion this year, up 4%. Buffett’s Berkshire reveals stake in HP; shares surge almost 10%. Twitter shares surge after disclosure Elon Musk has taken stake. Amazon, Alphabet and others are quietly rolling out drone delivery across America. Cash App discloses security breach impacting over 8 million users. Apple Pay surpasses Venmo and PayPal as teens’ favorite payment app, shows Piper Sandler survey. Meta Platforms’ financial arm, Meta Financial Technologies, has been exploring the creation of a virtual currency for the metaverse, the Financial Times reported.

Vancouver blockchain tech startup, LayerZero Labs is the latest Canadian company to join the country’s growing group of unicorns, as it raised $135 million that values LayerZero at $1 billion. LayerZero’s financing was tri-led by notable venture capital firms Sequoia Capital, Andreessen Horowitz, and FTX Ventures, which is the fund launched by crypto exchange FTX. As Canadian VC seems more active in tumultuous public markets, Mogo (MOGO-TSX, MOGO-NASDAQ) announced the formation of Mogo Ventures to manage its $124 million investment portfolio. SoftBank founder Masayoshi Son has told the company’s top executives to slow down investments, as the Japanese investment giant tries to raise cash amid a global stock market turmoil, the Financial Times reported. OnlyFans, the subscription-based social platform, has spoken with several blank check companies known as SPACs about a merger to take it public, Axios reported. The SEC is taking aim at SPACs with proposed rules to make disclosures more like those in a traditional IPO. Apple is planning to cut production of some of its most popular products due to macroeconomic factors such as the war in Ukraine and rising inflation, which are impacting demand, Nikkei Asia reported. Huawei’s 2021 revenue was down 29% as U.S. sanctions hurt smartphone sales. A bug that exposed Facebook users to a swell of posts containing misinformation persisted for six months on the platform before it was fixed, The Verge reports. The DOJ backs a bill targeting business practices of Amazon, Apple and Google. The Justice Department threw its support behind bipartisan legislation forbidding large internet companies from favoring their own products and services over those from competitors, according to the Wall Street Journal. Singapore’s giant Sea said on Monday it is shutting down its e-commerce business, Shopee, in India, months after the firm began recruiting sellers in the country.