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.
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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.
A|I: The AI Times – Public letter escalation: Bengio & Hinton sign another warning
Plus: Canadian AI computing startup Tenstorrent and LG partner to build chips.
S|W: The SaaS Weekly – Is Salesforce repositioning itself as a data company?
Plus: Growth equity firm PSG takes a big bite out of Toronto startup Hostaway.
F|T: The FinTech Times – Stripe looks to enter the credit space
Plus: OSC advisory panel backs stronger crypto regulation.
Inside Canada’s new early-stage VC firm
Plus: Shopify facing $130M lawsuit for alleged attempts at slashing severance pay.
H|T: The Healthtech Times – FDA approves Elon Musk’s Neuralink for human clinical study
Plus: AbCellera and BenchSci get combined $395 million
R|T: The Retail Times – Loblaw axes its third-party seller-driven e-commerce marketplace
Plus: Alibaba pushes back on layoff rumours.
A|I: The AI Times – AbCellera and BenchSci secure big funding
Plus: Ex-OpenAI execs raise $450 million for rival Anthropic.
S|W: The SaaS Weekly – Microsoft launches Fabric, mCloud looks to go private
Plus: Novisto closes $27-million Series B.
F|T: The FinTech Times – Now in Canada: Hiive’s VC secondary trading platform
Plus: QED closes on $925M to back FinTech startups globally.
Canadian startup news of the week (5/28/23)
Plus: What’s on the table for Alberta’s tech sector this election?
R|T: The Retail Times – Shopify touts checkout conversion rates, ranks merchants
Plus: Lightspeed Commerce recovers from tough third quarter.
H|T: The Healthtech Times – FTC signals tougher rules for health companies’ use of data
Plus: MCI OneHealth divests five Calgary clinics to Well Health for $2 million.
A|I: The AI Times – OpenAI’s Sam Altman says this Canadian city should become a hub for AI
Plus: ServiceNow commits $1 billion to AI-based enterprise startups.