Loop Energy lays off majority of staff, citing challenging capital market conditions
Hydrogen fuel cell firm terminates 84 employees, shuts China office.
Markets
Shopify takes stake in Faire as part of new partnership
Shopify merchants will get access to Faire products while Shopify POS becomes Faire’s preferred provider.
Netcoins loses $343,000 in second security breach within 17 months
“Bad actor” makes off with hundreds of thousands from the cryptocurrency platform’s operational float.
As enterprises dip their toes into generative AI, Plurilock finds gains in selling safety
Regulatory changes are putting greater pressure on compliance, says CEO Ian Paterson.
TikTok to remove ‘Storefront’ integration with Shopify and others, pushing merchants to use TikTok Shop
As one integration ends, Shopify adds another: USDC payments through Solana Pay.
National Bank acquires Silicon Valley Bank’s Canadian commercial loan portfolio
The $1-billion CAD portfolio includes $325 million CAD in outstanding loan commitments.
DeFi company Wellfield inks deal to acquire crypto custodian Brane Trust
Canadian crypto consolidation continues with Toronto, Ottawa firms set to join forces.
Long-time VP and product leader Satish Kanwar departs Shopify
Kanwar steps down 10 years after Shopify’s Jet Cooper acquisition.
WonderFi, Coinsquare, CoinSmart merge as landmark Canadian crypto deal closes
The merger comes during a challenging time for the crypto industry.
Gaming and esports tech firm Swarmio files for creditor protection
Swarmio Media has announced that it is seeking creditor protection. The Halifax-headquartered gaming tech firm has filed an…
Shopify makes checkout solution Shop Pay available to enterprise retailers not using Shopify
The move represents part of Shopify’s push to woo larger clients.
Automotive software maker LeddarTech inks SPAC deal to go public on Nasdaq
CEO hails agreement as “important milestone,” plans to step down.
Shopify plans to “aggressively pursue” ID of funders in cases against “patent trolls”
Company filed motion in Texas court demanding Lower48 IP LLC reveal third-party interests.
BC regulator suspends ex-Blok Technologies CEO, CFO from investment market for misrepresenting 2018 share sale
The suspensions come in response to how a past Blok private placement was publicly communicated.
Shopify launches Shop Cash rewards program in the US
Shopify’s answer to Prime Day, “Shop Day,” debuts in celebration of its 17th birthday.