Shopify facing $130-million lawsuit for alleged attempts to slash post-layoff severance pay
Lawsuit claims severance packages were reduced by “tens of thousands of dollars.”
layoffs
Ex-Panache, ScaleUp partners team up to launch new early-stage VC fund CMD Capital
As funding has dried up, David Dufresne and Matt Roberts say they plan to lead and price early-stage rounds.
S|W: The SaaS Weekly – Microsoft launches Fabric, mCloud looks to go private
Plus: Novisto closes $27-million Series B.
Canadian startup news of the week (5/28/23)
Plus: What’s on the table for Alberta’s tech sector this election?
H|T: The Healthtech Times – FTC signals tougher rules for health companies’ use of data
Plus: MCI OneHealth divests five Calgary clinics to Well Health for $2 million.
Code for Canada ED: Laid-off tech employees are overlooking opportunities in public service
Dorothy Eng argues tech professionals would enjoy the challenge of designing solutions for everyone in Canada, not just those…
Shopify extends point-of-sale hardware to Canadian retailers after initial US launch
Shopify continues physical retail push as online sales fall from pandemic heights.
Novisto closes $27-million CAD Series B to help companies improve their ESG reporting
Novisto gears up for growth as shareholder ESG pressure heats up.
S|W: The SaaS Weekly – 1Password launches passkeys for businesses
Plus: Tehama returns as management buys out of bankruptcy.
Canadian startup news of the week (5/22/23)
Plus: Sam Altman says this Canadian city should be the next AI hub.
H|T: The Healthtech Times – Recursion acquires two Canadian AI drug-discovery companies
Plus: FDA commissioner: “hard to catch up” on regulating digital health.
R|T: The Retail Times – Alibaba logistics arm eyes up to $2 billion Hong Kong IPO
Plus: Attabotics sues Canadian Tire over warehouse fire.
Tehama returns as management team buys it out of bankruptcy
CEO Paul Vallée said he’s “pretty chuffed” about the new startup.
Canada ranks 12th in Shopify’s first report on economic impact of merchants
Canada’s Shopify merchants lag behind on economic impact compared to smaller economies.
S|W: The SaaS Weekly – Absolute Software sold to Crosspoint for $657 million
Plus: Hopper to power Uber’s expansion into flight bookings.