H|T: The Healthtech Times – Canada’s latest big biotech exit
Plus: Google Lens can now search for skin conditions.
A|I: The AI Times – Cohere is on Bessemer’s list, D-Wave is moving execs to the US
Plus: Oracle’s answer to the Microsoft-OpenAI alliance.
R|T: The Retail Times – Canadian-founded company behind Instant Pot files for bankruptcy
Plus: Shopify partners with Volt to offer open banking solutions (but not in Canada).
F|T: The FinTech Times – Canada’s Real-Time Rail delays are an unmitigated disaster
Plus: Shopify is offering open banking solutions (but not in Canada).
S|W: The SaaS Weekly – Oracle tops sales estimates as AI-frenzy spurs cloud demand
Plus: Automotive software maker LeddarTech inks SPAC deal to go public on Nasdaq.
The two Canadian cities rising in Startup Genome’s global ecosystem rankings
Plus: Real-Time Rail delays are an unmitigated disaster.
H|T: The Healthtech Times – Twig Fertility secures funding, Bunnii shuts down
Plus: Founder of OneTaste charged with exploiting abuse victims.
R|T: The Retail Times – Shopify uses new weapons in battle against patent trolls
Plus: TikTok seeks $20 billion ecommerce business despite US setback.
A|I: The AI Times – Microsoft is moving top AI experts from China to Canada
Plus: Canada’s Cohere secures $270M to continue “foundational contributions” to AI.
S|W: The SaaS Weekly – Instabase notches $2 billion valuation on the back of AI
Plus: Montreal-based HR platform GSoft secures $125M.
F|T: The FinTech Times – SEC sets sights on crypto firms Binance and Coinbase
Plus: Interac appoints Jeremy Wilmot as CEO.
Three Canadian cities ranked in the global top 50 startup ecosystems
Plus: Led by ex-Google researchers, OpenAI rival Cohere secures $270M.
Three tech companies hiring remote workers in Canada
Wattpad, Fivetran, and Klue are looking to hire remote Canadian staff.
H|T: The Healthtech Times – Pharma giant Bayer moves deeper into digital health
Plus: FemTherapeutics raises $2.5 million CAD to address pelvic floor disorders.
R|T: The Retail Times – Shopify’s birthday gift: a new class-action lawsuit
Plus: Temu is losing millions of dollars to break into the US.