Tata Consultancy Services, Nitro Software announce new Toronto hubs
Nitro, TCS join growing list of global firms dipping into city’s tech talent pool.
layoffs
A|I: The AI Times – It’s never been more important to address diversity in AI
Plus: Why business is booming for military AI startups.
S|W: The SaaS Weekly – Twitter v. Musk
Plus: Highflying cyber firms cut staff after raising hundreds of millions of dollars.
Canadian startup news of the week (7/10/22)
Plus: How to prepare for founder parental leave.
H|T: The Healthtech Times – Period, fertility apps could be weaponized in post-Roe world
Plus: Judge rules Apple Watch infringed AliveCor’s ECG patent, setting up potential U.S. import ban.
As crypto crashes, WonderFi closes deal to acquire another regulated crypto trading platform in Coinberry
CEO describes collapse of unregulated crypto lenders as WonderFi’s “thesis playing out in real time.”
R|T: The Retail Times – Clutch, StockX, Weee! cut staff, WanderJaunt closes, Enjoy files for bankruptcy
Plus: Tablz closes $3.2 million CAD to bring premium seating to the restaurant industry.
Electric toothbrush startup Bruush files to go public on Nasdaq with $17.25 million IPO
Bruush agreed to pay Kevin Hart a fresh $1.5 million to be a celebrity endorser.
F|T: The FinTech Times – Klarna and Stripe’s valuations drop, Three Arrows in free-fall
Plus: Coinbase providing “Geo Tracking Data” to ICE.
Canadian startup news of the week (7/3/22)
Plus: Canadian tech companies expand support for US employees in wake of Roe v. Wade ruling.
R|T: The Retail Times – Market downturn hits Ritual, Bonsai, Sonder
Plus: Amazon is running out of people to hire.
US companies Avanade, Nautical Commerce, Twilio, Dealpath plot Canadian expansions
All four plan to conduct a hiring spree amid a growing number of global tech layoffs.
Clutch cuts staff to extend runway, citing market conditions
The layoffs follow a $100 million Series B secured in 2021.
Tablz closes $3.2 million CAD to bring premium seating to the restaurant industry
Tablz wants to monetize restaurant tables like airplane seats.
F|T: The FinTech Times – Crypto abandons Collision
Plus: Jeeves launches venture capital alternative for startups.