H|T: The Healthtech Times – Spotify founder takes on healthcare
Plus: Manitoba’s sleep test backlog solution.
toronto
Following exit to Live Nation, Universe founders secure $10.8 million for online art marketplace Peggy
Peggy uses AI to help artists and collectors authenticate artwork.
Shopify unveils new features for shopping app, fulfillment network in latest products update report
Shopify focused on expanding its fulfillment network and Shop app.
A|I: The AI Times – Google bets on Anthropic, Ada makes more layoffs
Plus: The fight against AI art.
Alphabet commences Canadian layoffs
The cuts are part of Alphabet’s previously announced 6% staff reduction globally.
Shopify invests in US-based e-commerce analytics aggregator Triple Whale
Triple Whale helps Shopify merchants unify business metrics into one dashboard.
CoinSmart to seek monetary damages from Coinsquare following collapse of acquisition deal
CoinSmart accepts deal is no more, intends to “commence legal proceedings against Coinsquare.”
After selling startup to Instacart, New School Foods founder raises $15.9 million CAD to create plant-based meat
Toronto startup’s tech can produce plant-based salmon fillets.
S|W: The SaaS Weekly – Google slapped with antitrust suit
Plus: Activist investor takes big stake in Salesforce.
A|I: The AI Times – Tenstorrent swaps CEOs, DeepMind exits Edmonton
Plus: does Ottawa have the right plan to support an AI industry?
VerticalScope becomes latest public tech firm to make layoffs with 22 percent staff reduction
Cuts come after VerticalScope’s business deteriorated in Q4.
H|T: The Healthtech Times – Smile Digital Health nabs $30 million Series B
Plus: Amazon expands into pharmacy.
As Clearco and Wayflyer struggle, Paperstack secures $9 million in equity, debt to fuel pivot into e-commerce lending
Paperstack sees room to grow as larger players cut back amid economic headwinds.
OpenText closes $5.8 billion USD acquisition of Micro Focus, makes workforce reduction
OpenText said it expects to cut the combined entity’s teams by 8 percent due to Micro Focus acquisition.
As Big Tech makes mass layoffs, recent Canadian startup reductions might cut deeper
PartnerStack, SSENSE, #paid, Shakepay, Venngage latest to cut staff.