Canadian e-commerce platform powering online stores and in-person sales
Shopify has reported strong quarterly results as AI-enabled tools drive traffic and orders to its platform, with AI search helping smaller brands compete. Revenue and GMV beat expectations, while concerns over AI-related costs and margins persist.
Canada and the United States have resumed intensive talks to avert steep US tariffs that could take effect this week. Ottawa has offered concessions, including removing a retaliatory auto tariff, while Washington has pressed provinces to lift bans on US alcohol and pushed demands on market access and content rules for autos. Negotiators are still finalising details.
Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter in a transaction valuing the franchise at about $12.5 billion. The sale has been announced this week, requires approval from the NBA Board of Governors and is subject to due diligence and Kushners divestment of a Miami Heat stake.
Lego has reported a 21% rise in revenue for the first half of 2026, reaching 41.9 billion Danish kroner, with profits up and a broad product line expanding among adults and kids. The company is investing in sustainability, renewable energy, and packaging changes while expanding in the U.S. with new facilities.
More than 100 technology, cybersecurity and financial firms have published an open letter saying AI-enabled cyberattacks will become far more widespread and sophisticated in coming months. Signatories including OpenAI, Anthropic, Google, Microsoft and CrowdStrike have called for defensive AI tools, shared threat intelligence, urgent funding and coordinated testing to protect hospitals, utilities and internet infrastructure.
A wave of new AI-focused funding signals a shift toward enterprise-ready solutions. BAG Ventures raises a new fund to back AI-native startups, Dorm Room Fund expands with a $50 million AI-aligned pool, and Ema secures growth funding to expand multi-agent workflows. Spellbook appoints a new CMO as the legal AI space grows. Together, these moves indicate a push toward integrated, outcome-driven AI in businesses.
Meta has integrated its Muse AI assistant more deeply into glasses and wearables, unveiling new features at Connect 2026. The company is pushing Muse across hardware, including AI glasses, VR glasses, and a new Charm device, as it aims to embed AI into daily life while expanding hardware partnerships and services.
Meta’s Muse and OpenAI’s Dots are pushing a rapid race in consumer and enterprise AI agents. The industry is racing to define standards, address safety, and monetize usage as practical adoption expands across platforms, shopping, and business tools.
UnitedHealth has raised its 2026 adjusted earnings outlook to at least $20.50 per share after a strong Q3, driven by value-based care and an expanding Optum Health turnaround. Analysts anticipate higher 2027 EPS as management views consensus targets as conservative. Meta Platforms’ Muse AI momentum is also shaping investor sentiment ahead of its Q3 results.
Retailers are embracing AI agents to shop on customers’ behalf while clashing with platforms that restrict or block agent use. Walmart leads with agent gateways and profiles; Amazon blocks Muse on its site, pushing a broader debate about security, privacy, and consumer choice. Home Depot and Target are testing openness and in-house AI, signaling a fragmented landscape for AI-assisted shopping.
Anthropic and Amazon leaders have announced that AI-assisted workflows are reshaping software development and recruitment. Traditional coding interviews are fading, with emphasis shifting to prototypes, business impact, and customer value. Amazon warns against over-reliance on AI metrics while stressing long-term outcomes.