H|T: The Healthtech Times – Ozempic maker Novo Nordisk buys Montréal’s Inversago for $1 billion
Plus: US Senator questions ethics of Google’s Med-PaLM 2.
layoffs
R|T: The Retail Times – Amazon reduces private-label operation as it battles costs, regulators
Plus: FinTech platforms are leaning more heavily on buy now, pay later.
A|I: The AI Times – Stability AI’s lead threatened by key departures, CEO concerns
Plus: OpenAI launches webcrawler as Zoom promises it won’t use your videos to train AI tools.
F|T: The FinTech Times – FinTech platforms are leaning more on buy now, pay later
Plus: Desmarais family quietly reshapes a financial empire.
OMERS Ventures exits Europe while Pinegrove looks to scoop up discount startups
Plus: 1Password only Canadian company to crack 2023 Cloud 100 list.
As startups look to US for capital, Antler’s Shambhavi Mishra calls on Canadian VCs to lead more rounds
Antler Canada’s Director of Portfolio talks taboo topics at Startupfest.
EventMobi acquires US-based virtual events platform Run The World
The deal comes as demand for virtual gatherings has fallen from pandemic highs.
S|W: The SaaS Weekly – Atlassian & Cloudflare score big, Zoom sends employees back into the office
Plus: Uber finally makes a profit.
Canadian startup struggles continue as Silofit closes up shop, Top Hat and Fable cut staff
Trio joins growing list of Canadian tech firms that have restructured or ceased operating during the downturn.
H|T: The Healthtech Times – Turnstone Biologics goes public, Dialogue Health to be acquired
Plus: Vital Bioscience reveals desktop blood tester with big backers.
Shopify posts positive revenues in Q2 2023 for third quarter running
Ottawa e-commerce giant posts higher losses, but GMV grows.
Canada’s H-1B visa play strikes a nerve as feds pick tech companies for Hypergrowth
Plus: Shopify reveals new AI suite, corporate credit card, and more.
Three companies hiring software engineers at $100K+ salaries in Canada
Ceridian, TribalScale, and Software International are enticing software engineers with 100K+ salaries.
DeFi company Wellfield inks deal to acquire crypto custodian Brane Trust
Canadian crypto consolidation continues with Toronto, Ottawa firms set to join forces.
R|T: The Retail Times – Shopify looks for a Faire deal, Temu sues Shein
Plus: Bolt, ex-CEO Ryan Breslow face SEC probe.