S|W: The SaaS Weekly – Zoom’s big bid

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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!

Provision extends food tech software reach through acquisition of Crop Boss (BETAKIT)

Calgary-based food safety software startup, Provision, has acquired Crop Boss farm management software from Platinum Agriculture Solutions.

Kahoot picks up $215M from SoftBank for its user-generated, gamified e-learning platform (TECHCRUNCH)

The placement was made at 46 Norwegian Krone per share, working out to NOK1,978 million (or $215 million), and the funding will be used for acquisitions and also to continue its expansion.

Twitter and Facebook contend with concerns over election interference, censorship (WALL STREET JOURNAL)

Social-media companies spent four years prepping their response to campaign-document leaks ahead of U.S. elections. When one came, things got messy.

New proposed parameters for emergency wage subsidy that would be in place until December (BETAKIT)

The federal government has revealed what the Canada Emergency Wage Subsidy could look like until the end of its tenth period in December.

The $185 million campaign to keep Uber and Lyft drivers as contractors in California (CNN)

The companies have built up massive fleets of workers over the years by treating them as independent contractors, who are paid on a gig-by-gig basis. But a new law which went into effect this year in California, threw a wrench into the model.

Sonrai Security raises $20 million to protect public clouds with automation (VENTUREBEAT)

Roughly 83% of enterprise workloads have moved to the cloud, according to a 2020 survey from LogicMonitor. But the cloud remains vulnerable to cyberattacks.

Facebook reportedly choked traffic for left-leaning news sites including Mother Jones (THE VERGE)

According to the WSJ, some policy executives at Facebook voiced concerns in 2017 about pending changes to the news feed algorithm that they thought might have a larger impact on right-leaning news sites like the Daily Wire.

Zoom’s new app store marks its biggest attempt to be a social platform (FAST COMPANY)

The videoconferencing service is launching a new store for ‘Zapps’ and a paid events feature in a bid to cater to nonbusiness users.

Today in hires: Traction Guest, TextNow, Deep Genomics, Perk Labs (BETAKIT)

Four Canadian companies have filled positions on their leadership teams. Here’s a breakdown of who is joining and what they bring to the table.

FCC Chairman says he will move to ‘clarify’ Section 230, threatening tech’s legal shield (CNBC)

It’s still unclear how the FCC would seek to “clarify” Section 230, but if tech platforms’ protection under the law is limited, it could force them to rethink their business models entirely.

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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