H|T: The Healthtech Times – Telehealth giant Amwell posts nearly $400M loss in Q1
Plus: Peloton shares plunge after company reports wider-than-expected loss.
F|T: The FinTech Times – Diagram Ventures adds $100M onto its FinTech bet
Plus: Shopify backs Nigeria-based FinTech Nomba.
S|W: The SaaS Weekly – 1Password’s CEO responds to Google’s “tipping point”
Plus: Will BlackBerry make it to the BlackBerry movie release?
A|I: The AI Times – Geoffrey Hinton issues warning, Cohere is soaring
Plus: IBM to pause hiring for jobs that AI could do.
R|T: The Retail Times – Shopify sheds staff, offloads logistics business to focus on “main quest”
Plus: RenoRun halts operations as it pursues asset sale.
Canadian startup news of the week (5/7/23)
Plus: Canadian Q1 VC investment falls 82 percent from last year.
A|I: The AI Times – EU proposes new copyright rules for generative AI as OpenAI adds ChatGPT privacy options
Plus: Ray Kurzweil weighs in on calls to pause AI development.
H|T: The Healthtech Times – Apple developing an AI-powered health coach
Well Health investing $2.5M into AI healthcare solutions.
R|T: The Retail Times – Amazon begins more layoffs as Shopify employees brace for same
Plus: Walmart using AI to negotiate with vendors.
S|W: The SaaS Weekly – Inside the Salesforce slowdown
Plus: After Canadian pilot, Google expands cloud accelerator to US startups.
F|T: The FinTech Times – Super and Neo evolve, Pillar and Billi shut down
Plus: Revolut’s valuation troubles signal a stormy horizon for less-profitable neobanks.
Canadian startup news of the week (4/30/23)
Plus: OneEleven reborn, Neo Financial embedded, Pillar & Billi ended.
Three FinTechs hiring experienced software developers in Canada
Mid-level and management software development positions are open across Canada.
H|T: The Healthtech Times – GSK to buy Bellus Health for $2 billion USD
Plus: GPT-4 will hunt for trends in medical records.
S|W: The SaaS Weekly – Certn targets global expansion, Huawei builds Oracle replacement
Plus: Salesforce is working on new generative AI-driven workflow tools.