D-Wave lists on New York Stock Exchange following close of SPAC deal
D-Wave’s stock price jumped as much as 30 percent on opening day.
Markets
Lightspeed’s revenues increase even as its losses widen in fiscal first quarter for 2023
Lightspeed’s results were better than expected.
BC securities regulator alleges Blok Technologies, former execs misrepresented share sale in 2018
BCSC claims Blok violated the Securities Act.
Shopify’s Q2 2022 growth continued to slow amid changing e-commerce market conditions
The results come one day after a 10 percent, company-wide reduction in staff.
Mark McQueen thinks it’s a great time to have a chequebook
The President of CIBC Innovation Banking is not concerned about the current tech downturn.
Lightspeed expands systems integration with OpenTable
Lightspeed gives OpenTable a seat in its growing reservation platform network.
Shopify launches YouTube Shopping integration in latest social commerce push
New Shopify partnership lets customers press play and pay on YouTube.
Electric toothbrush startup Bruush files to go public on Nasdaq with $17.25 million IPO
Bruush agreed to pay Kevin Hart a fresh $1.5 million to be a celebrity endorser.
PitchBook projects VC deal value to drop, deal count to stay high as market cools
VC market shifts from founder-friendly “game of winning” to “game of picking.”
BBTV reduces workforce by 14 percent following revenue decline in Q1
Layoffs continue to sweep Canada’s tech sector.
WonderFi to become only Canadian-regulated crypto-trading platform listed on the TSX
Listing comes after WonderFi reduced its staff by between 15 to 20 percent.
Amid crypto crash, WonderFi makes case for long-term survival
Following Bitbuy acquisition, WonderFi has reduced staff by at least 15 to 20 percent.
Shopify shareholders approve increased voting power for CEO Tobi Lütke, 10-for-1 stock split
It’s still the Tobi Lütke show at Shopify.
Shopify finds conflict minerals in its third-party manufactured components
US, EU require conflict minerals reporting; Canada does not.
With Canadian tech IPOs on pause, private markets face a higher bar
The pendulum swings back to the private market.