Shopify facing $130-million lawsuit for alleged attempts to slash post-layoff severance pay
Lawsuit claims severance packages were reduced by “tens of thousands of dollars.”
Markets
With regulatory approval, Hiive launches VC secondary trading platform in Canada
Closed IPO window, “discount mentality” driving secondary trading.
Shopify extends point-of-sale hardware to Canadian retailers after initial US launch
Shopify continues physical retail push as online sales fall from pandemic heights.
As Nasdaq delisting looms, asset management firm mCloud looks to go private
mCloud’s Nasdaq shares declined by 80 percent in the last year.
What’s next for Shopify?
Business Insider’s Madeline Stone joins to discuss the end of Shopify’s “side quest” and future of…
Lightspeed Commerce makes gains in fiscal 2023, fourth quarter
Revenues up, losses down but Lightspeed shares slide on the market.
Shopify cuts 20 percent of staff, announces sale of logistics division
“There’s no way to make this good news,” Shopify CEO tells employees in company letter.
BlackBerry considering breaking up its businesses to improve revenue, cash flow
BlackBerry’s year-over-year revenue declined by 18 percent.
Well Health looks to invest $2.5 million into AI companies developing healthcare solutions
Well aims to make at least 10 investments of at least $250,000 each.
BBTV resolves dispute with Ethan Klein as YouTube creators raise concerns over revenue payouts
Prominent YouTubers Kavos and Yo Mama have also taken issue with BBTV’s policies.
Online vehicle retailer E Inc. to delist from TSX citing limited trading volumes
E Inc. expects to delist from the TSX on May 24.
BetaKit’s most-read March stories show #CDNtech sector struggles continue as government innovation promises continue to lag
SVB’s collapse kicked off a month that included new layoffs, bankruptcies, and AI disruptions.
Magnet Forensics to delist from TSX as $1.8 billion merger deal closes
Magnet Forensics acquisition closes following opposition to the deal.
WonderFi, Coinsquare, CoinSmart to merge as Canada’s crypto industry consolidates
Canadian crypto love triangle ends in three-way merger.
Magnet shareholders approve $1.8 billion Thoma Bravo acquisition as campaign against deal proves unsuccessful
Despite vote, dissenting shareholder says “this is not the end of the road for us.”