OpenText lays off 1,200 employees as part of restructuring plan
CEO plans to add 800 new roles in sales, professional services, and engineering.
layoffs
Constructive criticism for Canadian VCs and founders
Plus: BetaKit: your award-winning publication of record.
Gaiia closes $18-million CAD Series A as it looks to build the Shopify for ISPs
Startup targets challenger internet providers with all-in-one operating software.
Collision has come and gone
Plus: The AI reality check is happening now.
Hereâs what VCs are saying about the fundraising environment at Collision
VCs at Collision 2024 speak about AI and valuations in the post-post-boom times.
The âuselessâ lobbying against capital gains
Plus: BetaKit breaks news on BDC and Collisionâs next stop.
H|T: The Healthtech Times – Acorn Biolabs secures $11 million for regenerative medicine
Plus: Feds table bill with new healthtech data security rules.
R|T: The Retail Times – Exclusive: Ex-Lightspeed CEO nabs Inovia gig
Plus: Costco building an ad business with customer data.
S|W: The SaaS Weekly – Certn gets investigated by privacy watchdogs
Plus: BlackBerry asks court to throw out workplace misconduct suit.
F|T: The FinTech Times – The unravelling of LoanSnap after raising $100 million
Plus: Ratehub has a new CEO.
Why arenât Canadian VCs more âcutthroat?â
Plus: An exclusive interview with ex-Lightspeed CEO JP Chauvet on his next move.
Dapper Labs reaches tentative settlement in NBA Top Shot class-action suit
The settlement, if approved, would require Dapper Labs to make a $4-million payment.
S|W: The SaaS Weekly – Salesforceâs first revenue miss in 18 years
Plus: Vista Equity writing off PluralSight after $3.5 billion acquisition.
Real-Time Rail, real-time headache
Plus: Toronto’s lead over other Canadian cities widens in startup ecosystem rankings.
BCV leads second round in Relay, as SMB-focused FinTech closes $44-million CAD Series B
Startup targets profitability and $100-million USD run rate by end of 2025.