A|I: The AI Times – FTC investigates OpenAI as Elon Musk launches competitor
Plus: Shopify teases AI assistant for entrepreneurs, Sidekick.
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S|W: The SaaS Weekly – Hypercontext’s HR pivot looks to accelerate performance reviews with AI
Plus: UK probing Adobe’s $20 billion Figma deal.
Active Impact, Breakthrough-backed Othersphere secures $3 million to strategically locate climate tech projects
Victoria-based startup aims to drive industrial decarbonization with data analysis.
Canada attracts 30,000 tech workers, BDC wants Thrive co-investment partners
Plus: Shopify is building entrepreneurs an AI Sidekick.
F|T: The FinTech Times – Binance unravelling, Kraken founder investigated by FBI
Plus: Mastercard’s new AI tool helps British banks tackle scams.
Tiptap and Omnirobotic pursue restructuring after startups fail to raise additional funding
As VC financing has dried up, a growing number of Canadian tech firms are running out of cash.
R|T: The Retail Times – Amazon faces FTC antitrust case and free returns backlash
Plus: Meet the Shopify Ventures portfolio.
A|I: The AI Times – PitchBook says VC is done for 2023, but AI startups continue to raise
Plus: OpenAI’s personal assistant plans may spark a rivalry with benefactor Microsoft.
S|W: The SaaS Weekly – ApplyBoard co-founder launches new skilled worker startup as feds update talent strategy
Plus: Snowflake expands Canadian engineering hub.
R|T: The Retail Times – Shopify is in a “fight” with CRA over merchant records
Plus: Alibaba surprises with chairman and CEO replacement.
S|W: The SaaS Weekly – Adobe-Figma deal under threat as IBM nears $5B Apptio deal
Plus: Poka to be acquired in reported $200M deal.
Financeit acquires consumer-loans competitor Simply Group Financial
The deal is estimated to be worth between $175-million and $225 million.
F|T: The FinTech Times – Neo launches secured credit card, Robinhood acquires credit card startup
Plus: David Dodge says Canada’s open banking complacency due to “lack of political will.”
H|T: The Healthtech Times – Canada’s latest big biotech exit
Plus: Google Lens can now search for skin conditions.
Synthetic biology startup Ardra is brewing up big plans with its fermentation technology
Despite a tough investment climate and a series of setbacks, Ardra is up to the challenge of precision fermentation.