Hootsuite makes additional staff cuts following August layoffs
August cuts impacted one-third of company; latest round hit approximately 5 percent.
toronto
Report: Atlantic Canada 10th strongest blue economy startup ecosystem globally
Vancouver closely follows at 14th, with Calgary 27th, and Toronto-Waterloo 35th.
A|I: The AI Times – U of T gets an AI nod from Eric Schmidt
Plus: CIFAR appoints 8 new AI chairs.
Three big takeaways from BFUTR 2022
Creating opportunities for Black talent is still a disruptive idea in tech.
TouchBistro secures $150 million to move upmarket and pursue strategic M&A as it braces for more economic uncertainty
Amid looming recession and stiff competition, TouchBistro sets sights on growing efficiently.
S|W: The SaaS Weekly – A brutal week for Big Tech
Plus: Meet the new Chief Twit.
Mogo at risk of being delisted from Nasdaq for sub-$1 USD share price
The Vancouver FinTech startup has 180 days to get over $1 USD.
Satellite component testing startup Connektica raises $2.7 million CAD
An indirect player in the space race, Connektica carries out quality assurance testing.
F|T: The FinTech Times – Wealthsimple stakes its crypto claim
Plus: WonderFi swaps CEO as company plans stock trading, sports betting hedge.
Canadian startup news of the week (10/30/22)
Plus: Placing future bets on Shopify and Wealthsimple.
CIFAR appoints 8 new AI chairs as Pan-Canadian Artificial Intelligence Strategy enters phase two
CIFAR is responsible for implementing the $443 million federal AI strategy.
Telus International to acquire product development shop WillowTree for $1.2 billion USD
WillowTree’s clients include Fox, CBC, PepsiCo.
After two quarters of sluggish growth, Shopify increases revenues in Q3 2022, but eyes future quarters for road to recovery
Shopify share price rises along with reports of increased revenues in third quarter results.
Alberta’s tech winter arrived late but in earnest in Q3 2022
2022 has still already surpassed the previous three years in Alberta venture funding.
RenoRun lays off 43 percent of staff to extend runway as inflation rises and consumer confidence falls
RenoRun founders: “The business climate we are operating in has fundamentally changed.”