Edmonton suffered a freak flood/hailstorm earlier this week. From a report prepared by CTV's online staff: "The heavy rainstorm started Sunday afternoon, dumping 150 millimetres of rain on the city. The storm blew in with little warning, flooding homes and turning roads into lakes. Environment Canada called it "a ...   more »

Reuters reports that MSNBC.com, the joint venture between Microsoft Corp. and General Electric Co.'s NBC unit will turn a profit for the first time in the quarter which ended June 26. MSNBC.com says it was helped by record revenue of $45-million (US) for the entire year. There are ...   more »

Writing in the excellent industry newsletter Telemanagement, published by the Angus Telemanagement Group Inc. of Ajax, Ont., John Riddell reports that Bell Canada is keen to phase out all Frame Relay and Asynchronous Transfer Mode (ATM) services over the next decade. No new Frame Relay or ATM contracts are ...   more »

EDS Canada, the unit of Electronic Data Systems Corp. of Plano, Texas, has appointed Brian Brewer as its new chief financial officer. Brewer was the CFO for Acklands-Grainger Inc. and before that CFO for Xerox Canada Inc. He's also worked for Imperial Oil.   more »

TD Bank became the first of Canada's big banks to say it will replace its aging fleet of 2,400 bank machines. TD execs and some industry analysts say that they expect all the banks to upgrade their ATM network within the next few years. Banks want their ATMs to do ...   more »