R|T: The Retail Times – Amazon facing antitrust, slower growth
Plus: Lightspeed layoffs Groundhog Day
layoffs
H|T: The Healthtech Times – Spotify founder takes on healthcare
Plus: Manitoba’s sleep test backlog solution.
Shopify unveils new features for shopping app, fulfillment network in latest products update report
Shopify focused on expanding its fulfillment network and Shop app.
Koho lays off 14 percent of staff
CEO claims cut doesn’t extend runway, but will support growth efforts.
S|W: The SaaS Weekly – Big Tech discovers austerity
Plus: OpenText acquires Micro Focus.
Garmin Canada to expand Alberta presence, hire for 200 STEM jobs
Garmin’s Canadian expansion comes as other Big Tech companies are cutting back.
Jobber closes $100 million USD Series D amid strong demand for home services
Jobber hit $100 million in revenue in 2022, but CEO still sees plenty of room to grow.
F|T: The FinTech Times – CoinSmart, Coinsquare split leads to legal proceedings
Plus: PayPal to cut 2000 workers.
Canadian startup news of the week (2/5/23)
Plus: Raven Indigenous Capital Partners closes second fund.
Why I killed my startup
A one-on-one interview with the BetaKit Podcast’s co-host about what it takes to start—and end—a business.
S|W: The SaaS Weekly – Google slapped with antitrust suit
Plus: Activist investor takes big stake in Salesforce.
A|I: The AI Times – Tenstorrent swaps CEOs, DeepMind exits Edmonton
Plus: does Ottawa have the right plan to support an AI industry?
Lightspeed one-time net loss of $814.8 million USD sends Groundhog Day signal: six more weeks of tech winter
Lightspeed makes slight revenue gain but faces recessionary pressures in the marketplace.
Ada latest Canadian unicorn to make additional staff cuts
The layoffs come four months after Ada reduced its staff by 16 percent.
H|T: The Healthtech Times – Smile Digital Health nabs $30 million Series B
Plus: Amazon expands into pharmacy.