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.
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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.
F|T: The FinTech Times – Vitalik Buterin at the crypto cabana
Plus: Biggest Africa startup battles multiple allegations in IPO runup.
Canadian startup news of the week (8/14/22)
Plus: Framework Venture Partners secures $100 million USD first close for second fund.
H|T: The Healthtech Times – How long term care in hospitals could become obsolete
Plus: 10x Genomics lays off approximately 100 employees.
R|T: The Retail Times – Lightspeed posts gains, Shopify invests
Plus: D2C startups not immune to downturn as Article, Mejuri make staff cuts.
A|I: The AI Times – Behind the push to call AI sentient
Plus: Meta’s chatbot won’t stop talking about itself.
S|W: The SaaS Weekly – Inside this week’s massive BC tech exit
Plus: Layoffs across SaaS startups pile up.
F|T: The FinTech Times – Wealthsimple’s growth stalls, Robinhood’s retail investors flee
Plus: Kirk Simpson, Peter Carrescia team up with an idea to disrupt the digital identity space.
Canadian startup news of the week (8/7/22)
Plus: Sandpiper Ventures closes $20 million first fund focused on early-stage, women-led tech startups.
H|T: The Healthtech Times – Making your baby cry… for science
Plus: Could the Theranos that was promised come from Sudbury?
R|T: The Retail Times – Shopify’s bet didn’t pay off
Plus: Has the scooter boom finally gone bust?
A|I: The AI Times – DeepMind cracks biology’s biggest problem
Plus: Google Is Selling Advanced AI to Israel, Documents Reveal.