Shopify COO Kaz Nejatian leaves to lead Opendoor
Nejatian leaves for US real estate firm where pay package could exceed $2.6 billion USD.
Ottawa
2Keys security breach exposes government-stored emails and phone numbers
Treasury Board says info tied to CRA, ESDC, and CBSA users was accessed before phishing attempts.
Dominion Dynamics to test defence tech in “extreme” environment through Arctic Training Centre partnership
The Ottawa startup says it has raised a “very substantial” pre-seed round since its June founding.
NATO backs Canadian defence tech with nearly $1 million for two companies
Reaction Dynamics and Tactiql each get 300,000 euros as part of DIANA tech accelerator.
Shopify bolsters product design team with acquisition of Molly Studio
E-commerce giant’s new Product Design Studio to operate like an “internal agency.”
Semiconductor manufacturer Ranovus plans $100 million expansion of Ottawa facility
Ontario supports investment with $2 million grant following industry calls to support homegrown innovation.
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.
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.
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.”
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.”
Growcer snaps up assets of bankrupt US rival Freight Farms
Ottawa-based modular farming startup now has over 600 new customers from 30 different countries on its plate.
“Light, tight, right” regulation: Minister Evan Solomon unpacks how Canada plans to support domestic AI and quantum computing
Solomon says Canada must keep quantum industry and IP in Canada at CDL Super Session talk.
US private equity firm Vista ups stake in Assent at reported $1.3-billion USD valuation
Company spokesperson denied that Assent had been acquired, but declined to break down post-deal ownership structure.
Shopify collaborates with Coinbase and Stripe to support USDC stablecoin payments
Feature roll out allows merchants to accept USDC and convert to their local currency.
Sezzle sues Shopify for alleged “unfair” privileging of its own buy-now, pay-later feature
Lawsuit claims Shopify charged businesses fees and redirected potential Sezzle customers to its own service.