The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.
Subscribe to S|W using the form at the bottom of this page to ensure you don’t miss out on the most important SaaS news every week!
Toronto-based Nulogy files suit against client Menasha, alleging misappropriation of trade secrets (BETAKIT)
Nulogy alleges Menasha misappropriated its trade secrets, broke a software licence agreement, and developed a supply chain software similar to Nulogy’s.
What is happening with the antitrust suit against Google? (NEW YORK TIMES)
The suit is the first antitrust action against the company to result from investigations by American regulators.
How startups can build resilience into their business models (BETAKIT)
Wayne Cuervo, General Manager of Cisco’s Toronto Innovation Labs, offers three pillars that startups need to build resilient businesses.
Google Cloud awarded Framework Agreement for Secure Cloud Services by Canadian government (IT WORLD CANADA)
While all eyes are on the U.S. Justice Department this week as it launched an antitrust lawsuit against Google, Google Cloud quietly announced its latest step in strengthening its relationship with Canada.
Téo Taxi returns to Quebec more than a year after bankruptcy (BETAKIT)
Téo Taxi, a once-defunct all-electric cab company, has restarted its operations and returned to Montreal and Gatineau, QC with a fleet of 55 electric vehicles.
Facebook seeks shutdown of NYU research project into political ad targeting (WALL STREET JOURNAL)
Facebook Inc. is demanding that a New York University research project cease collecting data about its political-ad-targeting practices, setting up a fight with academics seeking to study the platform without the company’s permission.
Athennian acquires Montreal’s Redox, looks to become “Salesforce” for legal industry (BETAKIT)
Legaltech startup Athennian has acquired Montreal-based tax visualization startup Redox Technologies.
Taking back our privacy (NEW YORKER)
Moxie Marlinspike, the founder of the end-to-end encrypted messaging service Signal, is “trying to bring normality to the Internet.”
BBTV files final prospectus, prices IPO shares at $16 CAD (BETAKIT)
BBTV Holdings, the holding company behind BroadbandTV, has officially set the price of its IPO on the Toronto Stock Exchange (TSX) at $16 CAD per share.
Microsoft-backed Databricks plans IPO next year (BNN BLOOMBERG)
Databricks Inc., whose business overlaps with data and analytics software maker Snowflake Inc., is preparing an initial public offering that could come in the first half of 2021, according to people with knowledge of the matter.
Wattpad makes foray into podcasts through partnership with Shaftesbury, Shaw Rocket Fund (BETAKIT)
Wattpad has partnered with Shaftesbury and Shaw’s Rocket Fund to create a new narrative podcast.
Uber and Lyft must comply with labor law AB 5, appeals court orders (LA TIMES)
The law mandates that the companies treat their drivers in California as employees, not independent contractors. Proposition 22 would partially exempt them if it passes.
