Tag: markets
Struggling, TSX-listed BBTV announces plan to become a private company
BBTV founder and CEO, Well Health CEO to privatize Vancouver firm. Vancouver media tech firm BBTV Holdings, which currently trades on the Toronto Stock…
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. In a buyer’s market, Vancouver-based FinTech startup Hiive wants to…
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. A duo of healthtech firms have announced an agreement in which Boston-based…
WonderFi files SEC registration statement as crypto firm eyes Nasdaq listing
CEO called the move “an important first step” towards US expansion. Toronto-based cryptocurrency firm WonderFi has announced that it has filed a registration statement…
Loop Energy lays off majority of staff, citing challenging capital market conditions
Hydrogen fuel cell firm terminates 84 employees, shuts China office. Hydrogen fuel cell company Loop Energy (TSX: LPEN) is laying off 65 percent of…
Netcoins loses $343,000 in second security breach within 17 months
“Bad actor” makes off with cryptocurrency platform’s operational float. For the second time, the online cryptocurrency brokerage Bigg Digital Assets is reporting a security…
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. A few years ago, a strong password and antivirus software were all…
TikTok to remove Shopify ‘Storefront’ integration, pushing merchants to use TikTok Shop BetaKit
Social media giant TikTok is sunsetting its Shopify-integrated Storefront feature, which enables Shopify merchants to sync their product catalogues to TikTok. The move, which…
R|T: The Retail Times – Shopify and Lightspeed bring positive earnings to pessimistic markets
Plus: Uber is finally making money after years of losses. The Retail Times is a weekly newsletter covering retail tech news from Canada and…
National Bank acquires Silicon Valley Bank’s Canadian commercial loan portfolio
The $1-billion CAD portfolio includes $325 million CAD in outstanding loan commitments. The National Bank announced Aug. 1 an agreement to acquire the commercial…