H|T: The Healthtech Times – CVS acquires Signify Health over Amazon
Plus: FTC reviewing Amazon’s One Medical purchase.
layoffs
WELL Health among few tech companies to crack TSX30 amid sector downturn
Last year’s top performing companies included the likes of Shopify and Goeasy.
Communitech acquires Briefed.in to add data-backed insights to its repertoire
The Briefed.in deal is part of Communitech redefining its supports for startups.
R|T: The Retail Times – Shopify swaps key execs amid financial downturn
Plus: Microsoft invests in Travis Kalanick’s CloudKitchens startup.
A|I: The AI Times – The AI chip war goes hot
Plus: Startup behind AI image generator in talks to raise at a valuation up to $1 billion.
SkipTheDishes lays off 350 employees following global workforce review by parent company Just Eat
Just Eat cited the need to ensure sustainable growth.
F|T: The FinTech Times – Open banking working group failing to address critical issues
Plus: Dapper Labs backs blockchain gaming firm Revolving Games through $13.2 million USD round.
Canadian startup news of the week (9/11/22)
Plus: Panache closes $100 million for second fund to double down on seed-stage startups.
Canadian tech is (still!) hiring
A sign of ecosystem maturity or that downturns only exist when engineers get laid off, too?
H|T: The Healthtech Times – Telus has its Lifeworks
Plus: More layoffs hit healthtech.
Shopify swaps CFO, COO amid financial downturn
CFO to exit following third quarter earnings report.
A|I: The AI Times – This AI won top prize at the state fair
Plus: Five months in, details on Canada’s new Innovation and Investment Agency remain sparse.
S|W: The SaaS Weekly – 1Password shuffles C-suite as Snap lays off 20% of employees
Plus: Snap lays off 20% of employees.
F|T: The FinTech Times – Clearco comes home, Klarna’s losses triple
Plus: Ticketmaster taps Flow Blockchain to allow organizers to issue NFTs along with tickets.
Canadian startup news of the week (9/5/22)
Plus: Clearco hands overseas business to Outfund.