Ecosystem insiders on what Canadian tech should expect in 2024
Plus: A big week for women’s health in tech.
layoffs
Interest rates remain unchanged (for now). What does that mean for Canadian tech in 2024?
After a down year, ecosystem insiders offer caution and optimism.
R|T: The Retail Times – Shopify has payments power over Amazon and a new $260M cheque into Flexport
Plus: GoDaddy launches payment processing and terminal in Canada.
S|W: The SaaS Weekly – NowVertical’s boardroom drama spills into the public
Plus: 7shifts cuts 19 percent of staff in new layoffs to start 2024.
In snagging Kensington, AGF avoids the messy middle
Plus: Even more #CDNtech CEO turnover.
A|I: The AI Times – Why OpenAI’s GPT Store will be bigger than Apple’s App Store
Plus: BenchSci cuts headcount as it feels GenAI impact.
S|W: The SaaS Weekly – Exec turnover trend hits Top Hat and Alida
Plus: SAP faces hefty fines, Salesforce and Slack might be pausing tech/product hiring.
GrowerIQ acquires cannabis tech competitor Ample Organics from US-based Akerna
Deal returns Ample to Canadian ownership over three years after it was bought by Akerna.
Top Hat headlines another slew of #CDNtech C-suite changes
Plus: Might we interest you in some CEBA refinancing options?
Requity Homes secures $26 million for rent-to-own platform as high interest rates loom over prospective homeowners
Requity aims to help renters become homeowners in markets outside of Toronto and Vancouver.
Clinia secures Series A funding, partnership with Telus Health to deploy its search tech
CEO says endorsement from Canada’s largest healthtech player gives Clinia “visa” it needs to catch big US fish.
S|W: The SaaS Weekly – Constellation Software scoops up Conduent subsidiaries for $260M USD
Plus: After 10 years leading Tulip, Ali Asaria steps down as CEO.
BenchSci trims headcount citing generative AI, economic conditions
BenchSci confirmed to BetaKit that it laid off 17 percent of its workforce.
What’s Mike Katchen’s New Year’s resolution?
Plus: A number of #CDNtech executive changes around the holidays.
After 10 years leading Tulip, Ali Asaria steps down as CEO
Tulip COO and president Ian Rawlins to replace Asaria.