Mike King ♔

AI giant Anthropic files papers for what could be the biggest IPO of stock ever, potentially eclipsing SpaceX which raised a record $86 billion. An Anthropic IPO would also put the company ahead of rival OpenAI in going public. Recruit King Experts in off-the-market talent

DoorDash is in advanced talks to acquire Instacart in a deal that could value the grocery-delivery platform at $17 billion. A deal may be finalized as soon as today. Instacart’s deal talks with Uber are no longer active. - Reuters Recruit King Experts in off-the-market talent

Nova Scotia seafood processor High Liner Foods Inc. to be sold to Japan's Umios Corp., one of the world's largest seafood companies. High Liner employs 400 people in Nova Scotia and 1,300 across North America. Recruit King Experts in off-the-market talent

Apple’s first folding phone, the iPhone Duo, hit stores on the weekend with a price tag of $3,000. Its sturdy and barely visible hinge is a hit but the camera is compromised with no telephoto lens and 3rd party apps prove to be affected with the new display size. RecruitKing. ca

Canada Post finally agrees to start delivering parcels on the weekend to homes in Ottawa, Montreal & Toronto with more cities to follow. Private carriers have offered this for decades while Canada Post has been averaging $675 million in losses every year in just the last 8 years

Ottawa and Ontario launched a $5 billion Joint Steel Action Fund yesterday where Ottawa provides $3.55 billion & Ottawa provides $1.67 billion over five years. The investment will allow steel mills to upgrade to manufacture more products for Canada and for export Recruitking .ca

Salesforce to acquire customer engagement platform Braze for $5.66-billion. The cash acquisition intends to inject real-time B2C data streaming and advanced AI into Salesforce's marketing portfolio. Recruit King Experts in off-the-market talent

Canada's annual inflation rate rose to 3.1% in September but that is mostly due to the price of gasoline which has jumped 27.8% year-over-year. Excluding gasoline, consumer prices increased 2.2% year-over-year in September. - Statistics Canada RecruitKing.ca

Waymo is coming to Toronto and will start testing the streets this week as it practices for all types of weather conditions. Toronto riders should be able to hail a driverless cab by 2028. Practice tests will take place at all hours of the day 7 days of the week. RecruitKing. ca

The Canadian market share of U.S. made vehicles fell by 20% in the first half of 2026 from a year earlier, as U.S. auto plants lose Canadian bound cars to Non-U.S. manufacturing sites, or have lost exports to Canada altogether because of retaliatory tariffs. - JD Power

According to a Sun Life survey, only 19% of Canadians (18% in the U.S.) have a comprehensive plan for the care of an aging or sick family member. Over the next 2 decades, the number of Canadians aged 85 and older could triple to nearly 2.5 million.

Chatbot platform Character.AI files for bankruptcy and agrees to sell assets to Walt Disney. The generative AI platform has faced legal challenges over its chatbots after they encouraged a 14-year-old boy to kill himself. Recruit King Experts in off-the-market talent

Bumble (BMBL) is in talks to be taken private by Ithaca Holdings that values the dating app operator at $1 billion. Shares of the Austin, Texas-based company surged 50%. Bumble and Ithaca were founded by Silicon Valley executives Ravi Gupta and John Hegeman. RecruitKing. ca

Vancouver based Aritzia’s 2nd quarter earnings tripled from last year as the company expanded further outside Canada. Net income also increased by 204% from last year. The length of this fantastic run for a fashion retailer is remarkable. Recruit King Find off-the-market talent

The Weston family who is behind Loblaws and Shoppers Drug Mart, to buy U.K. drugstore Boots for $12.7 billion from p.e. firm Sycamore Partners. Founded as an herbalist in 1849, Boots has a very rich history in the U.K. and operates 1800 stores. RecruitKing.ca

Uber Technologies buys U.S. catering platform ezCater for $2.3 billion. The deal follows the purchase for German firm Delivery Hero which created the largest food delivery group outside China. ezCater lets companies order food from caterers for corporate events & meetings.

Cenovus Energy to buy Athabasca Oil for $5.7 billion as it continues to be one of Canada’s largest oilsands producers at a time when Canada looks to boost crude output. Athabasca is one of the last remaining independent energy companies in Alberta. RecruitKing.ca

Paramount Skydance CEO David Ellison said the company’s merger with Warner Bros Discovery will form a combined entity called Skydance. The combined entertainment behemoth will span film, TV, news and studios for CBS, CNN, Paramount+ and HBO Max. RecruitKing.ca

The Detroit Three expected to lose more ground to Asian rivals when 3rd quarter results are announced today. G.M., Ford Motor and Stellantis combined market share to dip to 36%. Hyundai to surpass Ford in quarterly U.S. sales for the first time. RecruitKing.ca

BMW sets out a restructuring plan centred on AI, management cuts and two new model launches as they struggle with weak demand, Chinese competition and U.S. tariffs. Increasing production within China is expected after cutting 8,000 jobs in Germany. RecruitKing.ca