Global Markets: Media company using readers’ computers to mine for cryptocurrency

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Published: February 14, 2018

By Commodity News Service Canada
WINNIPEG, Feb. 14, 2018 (CNS) – The following is a glance at the
news moving markets in Canada and globally.
A senior Shaw Communications official has admitted the
company made a “big mis-step” in its handling of an employee
buyout campaign. Chris Kucharski, Shaw’s consumer and business
unit president, said the company failed on executing the plan.
Shaw notified staff on Jan. 29 that it was launching a buyout
program, staff were told they had until Feb. 14 to accept the

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offer. At the time Shaw said it was offering buyouts to about
6,500 employees and expected about 10 per cent of workers to
accept the offer, however it was reported after the response had
surpassed the estimate and Shaw was asking employees to
reconsider their decision.
Statistics Canada is set to spend C$600,000 a year for a
contractor to regularly test waste water from 15 to 20
municipalities across the country for traces of THC, the active
ingredient in marijuana and other drugs. The survey could be the
best way to collect precise data on the amount of pot Canadians
consume.
One news organizations has figured out an interesting way
to create revenue. Salon, an online news organization, is now
giving readers that don’t want ads to appear on content as
option to “suppress ads.” This allows Salon to use a reader’s
unused computing power to mine virtual currency.

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