Wattpad lays off 15 percent of workforce
Interim president says cuts come despite best efforts to limit economic impact.
toronto
S|W: The SaaS Weekly – Salesforce’s ‘one big family’ is showing cracks. Can Slack’s new CEO hold it together?
Plus: Not the first LastPass breach
Daily Blends raises $2.7 million CAD, signs Metrolinx deal to deploy smart vending machines
Healthy vending machines are coming to public transit stations, college campuses across Canada.
Cohere among first investments from Salesforce’s new $250 million AI fund
Salesforce invests in Toronto startup as part of broader generative AI strategy.
Loopio, Reelhouse co-founders launch Barley to help make employee compensation easier, more equitable
Golden Ventures-backed Barley has raised $5.4 million CAD to date.
Adaptis secures $2 million CAD to help building owners move to net zero with AI
“Using deep tech to do deep decarbonization is really where we think the gap is.”
F|T: The FinTech Times – Bad news comes in threes for Dapper Labs
Plus: Roham on the hot seat.
Able Innovations strikes deal with Ottawa hospital for robotic patient transfer tech
Able Innovations’ robotic medical device addresses problem of patient transfers.
Semiconductor firm GaN Systems to be acquired by Infineon for $830 million USD
GaN Systems CEO says Infineon will enable company “to unleash our full potential.”
Lightspeed COO Brandon Nussey to depart in latest C-suite shakeup
The COO is the latest in a string of exec changes at Lightspeed.
A|I: The AI Times – Google researchers take key step towards Quantum future
Plus: AI generated voices can hack your bank account.
Yoshua Bengio, Element AI co-founders back AI startup Glowstick in $1.3 million round
Current and former Square and Shopify employees also invested in Glowstick.
From desk to doorstep: KitchenMate expands smart food kiosk to condo market
As hybrid and remote work prevail, KitchenMate brings its Gen2 closer to home.
S|W: The SaaS Weekly – TikTok under investigation in Canada for data use
Plus: DOJ to block Adobe’s Figma deal?
Amazon climate tech fund backs Genecis to turn food waste into bioplastics
Amazon is exploring ways to use Genecis’ bioplastics in its own packaging.