Joe Castaldo
The Globe and Mail
Toronto, ON, Canada
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Past articles by Joe:
Salesforce venture arm invests in Toronto AI company Cohere, builds ChatGPT into Slack
Despite the flurry of activity, how useful – and profitable – generative AI will be remains to be seen → Read More
Former Dragons’ Den star Michael Wekerle in legal battle with partner over Waterloo property venture
The former Dragons’ Den star and Bay Street trader is suing Mark Arbour along with Arbour’s wife, adult son, a law firm, two commercial real estate agencies and sundry others for their involvement in the alleged scheme → Read More
Former Facedrive CEO embroiled in lawsuits alleging real estate fraud
Sayan Navaratnam is accused of participating in a fraudulent real estate transaction so that a business associate can evade creditors, according to two lawsuits → Read More
VerticalScope’s Rob Laidlaw named company chair as Paul Rivett steps down
The shakeup at VerticalScope Holdings Inc. comes after Mr. Rivett and former business partner Jordan Bitove completed an arbitration process to divide the assets of NordStar Capital, which they formed to buy Torstar Corp. in 2020 → Read More
Torstar to outsource numerous printing operations and sell remaining printing facility
Torstar will shift its printing to Transcontinental over the coming months, after which time the newspaper company will no longer have any printing operations of its own → Read More
ChatGPT hype is a bright spot in the tech slump. Whether AI’s new era can turn a profit is anyone’s guess
Some experts warn we are in the midst of an AI hype cycle, in which expectations are outrunning reality and profitable commercial applications are unclear → Read More
Postmedia to lay off 11 per cent of editorial staff amid rising costs, declining advertising
The media company owns more than 130 brands and says the restructuring will affect all titles across the chain → Read More
Postmedia announces layoffs, will move 12 Alberta newspapers online
Postmedia president and chief executive Andrew MacLeod cites ‘economic contraction’ for the cost-cutting measures → Read More
Competition commissioner wants the bureau to be more transparent with Canadians
Matthew Boswell is modernizing the competition bureau and bringing its impact into the public forum → Read More
The clash of the media barons: Inside Jordan Bitove and Paul Rivett's battle to control Torstar
The Toronto Star has long struggled to resolve the competing realities of profit versus principles. This ever-present tension lingers as Jordan Bitove turns a new page at the helm of the storied publication → Read More
More than 100 bitcoins linked to defunct cryptoexchange QuadrigaCX mysteriously transferred
It is still unclear how the 104 bitcoins, worth approximately $2.4-million, were recovered. The platform’s founder, Gerald Cotten, suddenly died in 2018 blocking access to digital wallets → Read More
‘We got him’: How a DNA investigation solved the cold cases of two 1980s Toronto murders
The murders of Erin Gilmour and Susan Tice remained a mystery until advances in genetic genealogy linked a suspect to both women → Read More
Toronto Police use new DNA tools to make arrest in two unsolved 1983 murders
Joseph George Sutherland of Moosonee is accused in killings that took place nearly 40 years ago using investigative genetic genealogy techniques → Read More
Jordan Bitove wins ownership of Toronto Star and Metroland, sources say
The move comes after a bitter falling out with business partner Paul Rivett, which led to mediation and arbitration to split up assets of NordStar Capital → Read More
Toronto Star co-owner Bitove says ‘quick divorce’ best option amid asset arbitration
Toronto Star co-proprietor Jordan Bitove says it’s too late to resolve the differences between him and business partner Paul Rivett as the pair engage in arbitration to determine who will own the newspaper and other holdings → Read More
Toronto Star owners’ dispute over assets moves to arbitration
Paul Rivett and Jordan Bitove have so far been unable to agree on how to split up NordStar’s assets, which also include Metroland Media Group and investment stakes in VerticalScope Holdings Inc. and Blue Ant Media Inc → Read More
Torstar owners hope to split up NordStar assets before end of year, sources say
If mediation sessions fail between Rivett and Bitove, they will move into binding arbitration, where an arbitrator will decide the final outcome → Read More
Major cinemas back away from screening South Indian films after vandalism triggers talk of turf war
About 20 theatres have been hit in at least 22 vandalism incidents involving South Indian language films since 2015 → Read More
Local news publishers join forces with ‘one-stop shop’ in bid to raise ad revenue
The goal is to make it easier for national advertisers to purchase space across a wide variety of news outlets, rather than deal with each one individually, says Village Media CEO Jeff Elgie → Read More
Feud between Toronto Star owners Paul Rivett and Jordan Bitove heading to arbitration
The dispute between the two NordStar Capital Inc. owners is turning away from the public courts and instead the “former friends and business partners” will resolve the future direction of the company with a mediator → Read More