R|T: The Retail Times – Apple faces likelihood for DOJ lawsuit
Plus: Top Amazon seller Packable begins liquidating, job cuts after failed SPAC attempt.
A|I: The AI Times – AI companies secure massive funding despite economic downturn
Plus: D-Wave, Coveo, Canada Drives among companies receiving collective $50 million for Scale AI projects.
S|W: The SaaS Weekly – OpenText has a Micro Focus
Plus: Vendasta, Q4 make layoffs.
F|T: The FinTech Times – Canadian FinTech is in the tank, but this challenger bank thinks it can stay afloat with scale
Plus: Canadian tech companies continue to hire despite downturn.
Canadian startup news of the week (8/28/22)
Plus: How GrowthX found product-market fit across Canada’s accelerators.
H|T: The Healthtech Times – AlayaCare makes cuts as revenue doesn’t follow “aggressive investment”
Plus: Nurses say Amazon’s ambitions clash with health best practices.
R|T: The Retail Times – Shopify collabs with creators and Gorgias
Plus: Wayfair and Apple make more layoffs, Zellers is resurrected.
A|I: The AI Times – Who owns DALL-E images?
Plus: Elon Musk approaches Synchron.
S|W: The SaaS Weekly – WellnessLiving, Kinaxis expanding as Martello cuts back
Plus: Layoffs across SaaS startups pile up.
F|T: The FinTech Times – Why Bank of Canada’s Ron Morrow says FinTechs “need to be ready”
Plus: Crypto firm FTX gets warning from FDIC to stop ‘misleading’ consumers about deposit protection.
Canadian startup news of the week (8/21/22)
Plus: Bank of Canada’s Ron Morrow says FinTechs “need to be ready”.
H|T: The Healthtech Times – Truepill, Peloton, and Calm all make staff cuts
Plus: ByteDance Pays $1.5 Billion for China Hospital Chain in Health Foray.
R|T: The Retail Times – Groupon to focus on ‘mission critical activities’ following staff cuts
Plus: Alibaba reduced workforce by nearly 10,000 in three months.
A|I: The AI Times – D-Wave goes public after close of SPAC deal
Plus: Hyundai announces $400M AI, robotics institute powered by Boston Dynamics.
S|W: The SaaS Weekly – Hootsuite restructuring spells massive layoffs
Plus: HR tech startup Humi acquires SaaS scheduling startup Ameego.