Sonder co-founder Francis Davidson departs after seeing through Marriott deal
Outgoing CEO said orchestrating the Marriott integration was “the hardest thing” he’d ever done.
Markets
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.
Investissement Québec records annual loss on VC and fund investments
Provincial investment agency’s overall $13-million return came in well below $194 million forecast.
LeddarTech cuts 95 percent of staff in bid to rescue its business
LeddarTech does not expect to resume active operations after laying off 138 employees.
Lightspeed surpasses $1 billion USD in revenue in fiscal 2025 but shares conservative outlook
Lightspeed posted nearly $54 million in adjusted EBITDA as it continues to execute transformation plan.
Coinbase Canada CEO pushes for crypto-friendly government just as company reveals hack that could cost up to $400 million USD
Cyberattack comes at bad time for US-based crypto exchange.
Well Health says its healthy Q1 revenue is a symptom of Canadian growth
Vancouver healthtech expects Healwell AI stake to further boost its 2025 fortunes.
“No plans are set” but Robinhood expects to “develop [its] offering” in Canada post-WonderFi acquisition
Robinhood Crypto SVP says US trading platform’s immediate focus in Canada is on crypto.
Healwell revenue more than doubled in Q1 2025 thanks to acquisition spree and AI
Toronto healthtech expects more strong quarters ahead thanks to Orion Health acquisition.
Robinhood to buy WonderFi for $250 million CAD as US trading platform targets Canadian expansion
WonderFi to “accelerate Robinhood’s mission” north of the border.
Shopify stocks surge after company says it will join Nasdaq 100 index
The e-commerce giant will become a reference point for investors.
D-Wave remains in the red even as revenue jumps 500 percent in Q1
The Canadian-founded quantum firm’s record sum came from delivering a system to a key customer.
Shopify posts solid Q1 2025 earnings amid trade war but anticipates slight profit dip
CFO says closing of de minimis exemption for Chinese goods not expected to have short-term “meaningful impact.”
Propel has a record first quarter while Thinkific sees modest gains
The FinTech and edtech companies told two very different tales with their earnings.
OpenText makes AI “number-one priority” as company slashes 1,600 jobs
Enterprise software giant detailed 10-point AI mandate in internal email to employees.