allwhere, an IT asset management company, has established a local Canadian business entity and depot to provide domestic support for hardware lifecycle management. The expansion eliminates cross-border shipping complexities, offering faster turnaround times and simplified billing for Canadian organisations. The Canada Depot provides end-to-end IT lifecycle services, including device retrieval, storage, deployment, secure data wiping, repairs and recycling. Features include same-day deployments and next-day shipping, with upcoming additions of device provisioning and custom imaging. The move allows clients to avoid cross-border VAT and import duties by partnering with a domestic provider. This expansion is part of allwhere's global growth strategy, with existing depots in the UK, EU, and Latin America, and planned expansion into the APAC region later this year.

Meta's (META) shares sank this week after its disappointing third-quarter earnings report and as the company's pivot to the metaverse draws increasingly negative sentiment. In the year since Facebook became Meta, the company has spent billions investing in its metaverse plans. That investment has yet to pay off. For one, the division that oversees the company's metaverse efforts, Reality Labs, has been losing money, clocking a loss of $3.7 billion last quarter alone