OpenText replaces longtime CEO Mark Barrenechea as it considers selling off “non-core assets”
James McGourlay takes over as interim CEO after company reports stalled revenue growth in its latest earnings.
Ontario
Zenbooks co-founder launches OpenSME to rally Canadian small businesses behind open banking
Accountant-turned-advocate Eric Saumure wants Canada to get open banking right for small business.
How Canada can be a leader in space (and save the world)
Highlights from BetaKit Town Hall: Most Ambitious with NordSpace, Deep Sky, Xatoms, MycoFutures, and Verto Health.
Propel posts another record quarter as Thinkific begins courting larger customers in Q2
Propel soars on continued demand, while Thinkific posts modest gains and looks upmarket.
Crypto giant Ripple to acquire stablecoin payments platform Rail for $275 million CAD
Ripple says acquisition will help drive stablecoin innovation and adoption in global payments.
Harvey to bring AI legal platform to Canada with new Toronto office
The US company also plans to build Toronto into “a core development engine.”
Cohere pitches security and productivity with general release of North enterprise AI platform
Co-founder Nick Frosst reiterates that return on investment is Cohere’s priority.
Shopify regains status as Canada’s most valuable company with strong Q2 earnings
Stock surges 20 percent as CFO claims no “meaningful changes” from tariffs.
Why tech managers are earning their Green Belt
Lean Six Sigma is bringing structure, speed, and strategy to tech teams.
Blue J raises $167.4-million CAD Series D after AI tax research platform more than doubles revenue
Funding to bolster Toronto startup’s team expansion, product development, and market reach.
Enabled Talent is using AI to make every job disability-inclusive
Hiring platform preps “full-scale launch” after partnering with Algoma University on accessibility tool.
Public safety tech platform Versaterm acquires Texas firm DroneSense for more than $100 million USD
Versaterm CEO says deal “moves us closer to a future where drones are as routine as any patrol or fire unit.”
Ontario Premier Doug Ford officially cancels province’s contract with SpaceX’s Starlink
Province follows through on US tariff countermeasure, pays undisclosed break fee to Elon Musk’s company.
NGen helps lead $108-million investment in sustainable manufacturing tech
News comes as Carbon Upcycling breaks ground on a CO2 capture facility.
Canada awards $14.6 million contract to space triumvirate to build its new lunar rover
MDA Space, Mission Control, and Canadensys to begin exploring size and scope of “long-term project.”