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League enters 2022 as Canada’s newest unicorn with TDM Growth Partners-led round (BETAKIT)
Sources indicated that the pre-money valuation of the financing priced League at $850 million USD, or $1.1 billion CAD, making it Canada’s newest tech unicorn.
The Elizabeth Holmes verdict: Theranos founder is guilty on four of 11 charges in fraud trial (WALL STREET JOURNAL)
The verdict caps a steep fall for the former Silicon Valley star who once graced magazine covers with headlines such as “This CEO is Out for Blood” and emulated Apple Inc. co-founder Steve Jobs by wearing black turtlenecks.
Headversity raises $12.5 million CAD to scale workplace mental health solution (BETAKIT)
Headversity saw its client base grow by 250 percent in 2021, amid rising demand for mental health services during COVID-19.
Under scrutiny by Congress and losing customers, Cerner could give Oracle a $28.3 billion headache (PROTOCOL)
Cerner’s advancements in AI and data could help nurses save lives, but the company has been shedding customers dissatisfied with the basic tech that hospitals need to stay afloat.
Hybrid workers are vulnerable to cyberattacks. Here’s how employees can play defence at home and in the office (BETAKIT)
Andrew Milne of cybersecurity analytics company Field Effect explains how employees can partner with their employers to keep sensitive information secure.
Following recent acquisitions, LifeSpeak files to raise up to $450 million CAD (BETAKIT)
LifeSpeak’s short-form base shelf prospectus, dated December 21, comes less than six months after the firm made its Toronto Stock Exchange (TSX) debut, and follows a trio of post-initial public offering (IPO) acquisitions made by the healthtech company in recent months, Lift, ALAViDA, and Torchlight.
Nike sues Lululemon over Mirror Home Gym (REUTERS)
In a Dec. 10, 2021 letter to Nike, a lawyer for Lululemon said the Vancouver, British Columbia-based company “respects intellectual property” even as it rejected Nike’s claims.
Why Benevity’s new CEO Kelly Schmitt is already thinking about her successor (BETAKIT)
On the #CIBCInnovationEconomy podcast, Benevity CEO Kelly Schmitt explains why she was already thinking about identifying her successor six months into the job.
Symplr to buy Midas analytics solutions suite from Conduent in $340M all-cash deal (FIERCE HEALTHCARE)
The Midas solutions suite includes patient safety, quality and advanced analytics solutions including DataVision and Statit that are used by 2,200 healthcare facilities.
Findings in SVB’s global healthtech report mirror 2021 trends in Canada (BETAKIT)
A new report from Silicon Valley Bank has identified key insights within the global healthtech landscape from 2021.
‘A black box’: Emergency medics remain locked out of electronic health records (STAT NEWS)
Experts say unless it’s fixed, this siloing will continue to hold back a field we increasingly rely on — during pandemics, after natural disasters, and alongside an aging population.