Pen maker Bic has announced a deal to buy Toronto-based temporary tattoo startup Inkbox for US$65 million. Microsoft has agreed to acquire game publisher Activision Blizzard, bringing together the two video game forces to create the world’s third-biggest gaming company by revenue, behind Tencent and PlayStation maker Sony. Canadians’ confidence in their personal finances has dropped to a record-low, per the latest MNP Consumer Price Index.

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The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.