OpenText closes $5.8 billion USD acquisition of Micro Focus, makes workforce reduction
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S|W: The SaaS Weekly – OpenText’s acquisition of Micro Focus spurs IP and patent questions

Plus: Solink secures $60 million to scale cloud-based video surveillance service. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada…

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Immigration Minister details strategy for attracting foreign tech talent, digital nomads
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Canada’s H-1B visa play strikes a nerve as feds pick tech companies for Hypergrowth

Plus: Shopify reveals new AI suite, corporate credit card, and more. Welcome to BetaKit’s startup stories of the week! Here, you will find the…

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Toronto Business Development Centre
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Ontario organizations secure nearly $20 million in federal funds to drive entrepreneurship, job creation

Funding is split between five companies and one business hub in Toronto, as well as one Ottawa-based firm. Nearly $20 million ($19.5 million) in…

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Layoffs persist at Canadian tech companies amid bleak outlook for 2023
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Layoffs persist at Canadian tech companies amid bleak outlook for 2023

FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn. More than a dozen Canadian tech companies have recently laid off employees,…

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