layoffs

As unregulated crypto players collapse around the world, Netcoins expands into the US

Canadian firm aims to offer “compliant” alternative to unregistered US exchanges.

Plus: Lightspeed layoffs Groundhog Day

Plus: Manitoba’s sleep test backlog solution.

Shopify focused on expanding its fulfillment network and Shop app.

CEO claims cut doesn’t extend runway, but will support growth efforts.

Plus: OpenText acquires Micro Focus.

Garmin’s Canadian expansion comes as other Big Tech companies are cutting back.

Jobber hit $100 million in revenue in 2022, but CEO still sees plenty of room to grow.

Plus: PayPal to cut 2000 workers.

Plus: Raven Indigenous Capital Partners closes second fund.

A one-on-one interview with the BetaKit Podcast’s co-host about what it takes to start—and end—a business.

Plus: Activist investor takes big stake in Salesforce.

Plus: does Ottawa have the right plan to support an AI industry?

Lightspeed makes slight revenue gain but faces recessionary pressures in the marketplace.

The layoffs come four months after Ada reduced its staff by 16 percent.