S|W: The SaaS Weekly – Facebook’s legal challenge

The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.

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Google launches tool to help Canadian businesses go global (BETAKIT)

Google Canada has launched Market Finder, a free tool designed to help startups and small to medium-sized businesses export and grow internationally.

Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million (TECHCRUNCH)

For chief executive Artyom Poghosyan and chief technology officer Alex Gudanis, Britive is simply the latest initiative in a decades-long effort to reshape security technology.

E-commerce startup Mobify to be acquired by Salesforce (BETAKIT)

Mobile commerce startup Mobify has signed a definitive agreement to be acquired by customer relationship management software company Salesforce.

The Pentagon says Microsoft should still get its $10B JEDI contract following an investigation (THE VERGE)

A judge issued an injunction against the contract after Amazon claimed the process was biased.

Ireland to order Facebook to stop sending user data to U.S. (WALL STREET JOURNAL)

A European Union privacy regulator has sent Facebook Inc. a preliminary order to suspend data transfers to the U.S. about its EU users, according to people familiar with the matter, an operational and legal challenge for the company that could set a precedent for other tech giants.

US private equity firm Providence Strategic Growth takes majority stake in Wagepoint (BETAKIT)

Providence Strategic Growth, growth equity affiliate of US-based Providence Equity Partners, secured a majority stake in Canadian payroll startup Wagepoint.

China would rather see TikTok U.S. close than a forced sale (CNBC)

Beijing opposes a forced sale of TikTok’s U.S. operations by its Chinese owner ByteDance, and would prefer to see the short video app shut down in the United States, three people with direct knowledge of the matter said.

Lightspeed files to list on the New York Stock Exchange (BETAKIT)

Montreal point-of-sale software provider Lightspeed announced on Wednesday its plan to list publicly in the United States through the New York Stock Exchange.

Google’s Waze lays off 5 percent of its workforce, closes offices in Asia and Latin America (THE VERGE)

The Google-owned navigation company is seeing drops in advertising revenue as a result of the pandemic.

Athennian reveals $10 million in financing as legaltech startup sees growth amid pandemic (BETAKIT)

Athennian has announced $10 million CAD in financing, which was raised over the last year.

French cloud hosting provider OVH plans IPO next year (BLOOMBERG)

The company has mandated Rothschild & Co. as an adviser to help with preparations for an IPO, the people said, asking not to be identified as discussions are private.

Lightspeed CEO sets sights on growing omnichannel, payment offerings with NYSE listing (BETAKIT)

Lightspeed is hoping to take advantage of the intensified shift to omnichannel, and e-commerce due to COVID-19 with its recent New York Stock Exchange listing.

Recipe for selling software in a pandemic: Be essential, add some machine learning, and focus, focus, focus (ZDNET)

A bit of machine learning, some essential functions for finance departments, and a focus on vertical industries has allowed small software vendor Prophix to thrive even as tools such as Slack get dumped.

Interac’s Debbie Gamble and futurist Amy Webb talk shifting tech trends September 17 (BETAKIT)

Interac will host futurist Amy Webb in an online event on September 17. The event is free of charge to all who wish to attend.

Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.

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