Trio of Canadian tech companies show progress towards profitability in earnings this week
Thinkific hits positive EBITDA as Coveo and Mogo shrink losses.
Markets
Virtual care platform Mednow announces restructuring, looks for buyer
Receivership occurs just over two years after listing on the TSX Venture Exchange.
Slack CEO Lidiane Jones to depart after a year in the role
Jones will become CEO of Bumble as Salesforce-owned Slack looks for its third CEO in as many years.
Lightspeedâs stock rises as firm exceeds outlook for fiscal Q2, achieves positive EBITDA
Company takes a step towards profitability, boosts revenue guidance.
Shopify shares jump after companyâs Q3 revenue, profit beat analyst expectations
Cost reductions, fulfillment changes help fuel strong Q3 for Shopify.
Richard Lynch will replace John Chen as interim CEO as BlackBerry prepares to split company
BlackBerry has been attempting to revive shareholder interest over the past year.
Damon Motors revs up to go public on the Nasdaq via reverse merger
The reverse merger will be completed with a UK-based spinoff of Inpixon.
Struggling, TSX-listed BBTV announces plan to become a private company
BBTV founder and CEO, Well Health CEO to privatize Vancouver firm.
Hiive secures $5.7-million CAD Series A to improve VC secondary trading
Hiive is still seeing a significant bid-ask spread for secondary stakes on its platform.
Boston-based Haemonetics announces intent to acquire OpSens in healthtech deal worth $345 million CAD
OpSens said acquisition will provide the company with a global sales channel.
WonderFi files SEC registration statement as crypto firm eyes Nasdaq listing
CEO called the move âan important first stepâ towards US expansion.
Loop Energy lays off majority of staff, citing challenging capital market conditions
Hydrogen fuel cell firm terminates 84 employees, shuts China office.
Shopify takes stake in Faire as part of new partnership
Shopify merchants will get access to Faire products while Shopify POS becomes Faireâs preferred provider.
Netcoins loses $343,000 in second security breach within 17 months
“Bad actorâ makes off with hundreds of thousands from the cryptocurrency platformâs 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.