Techopia

Tech layoffs fuelling rise in severance complaints, lawyer in Shopify class-action suit says

A lawyer who has launched a class-action lawsuit on behalf of recently laid-off Shopify employees says he’s seeing a rise in complaints from tech workers across the province who allege they’re not receiving adequate termination pay amid mounting job cuts in the sector.

Intouch Insight boss ‘pleased’ with SaaS growth despite 3% drop in overall revenues in Q1

Intouch Insight, which specializes in customer survey and data collection software, reported revenue of $5.1 million in the three-month period ending March 31.

Ottawa well-equipped to weather storm as VCs adjust to new normal, BDC exec says

A new report says Canada’s venture capitalists are being more cautious with their investments after a historically frothy year in 2021 – but activity at Ottawa-based VCs should remain fairly steady thanks to their focus on seed and early-stage deals, an expert says.

Shopify faces class action over severance offered to recently laid-off staff

A class-action lawsuit alleges Shopify reneged on a deal it offered some employees who were laid off in a recent round of cuts.

Food Cycle Sciences lands new funding to augment hot-selling ‘table-to-farm’ tech

CEO Bradley Crepeau believes his company’s “table-to-farm” tech can play a major role in municipal waste reduction efforts.

Techopia Live: BlackBerry — Former RIM employee offers a behind-the-scenes peek

Join Techopia Live as Matthias Wandel contemplates what business lessons can be drawn from the demise of BlackBerry handheld devices.

Photonics firm Enablence eyes plan to build $150M chip fabrication plant in Ottawa-Gatineau

A Kanata-based photonics company that has struggled to gain traction for nearly two decades says it is on the verge of a market breakthrough and is scouting potential sites in the National Capital Region to build a $150-million chip fabrication plant that would employ more than 100 people.

Shopify rolls out new point-of-sale system in Canada

Shopify is launching new point-of-sale hardware across Canada, part of its efforts to bolster services for brick-and-mortar merchants as e-commerce growth slows down and the company looks for new sources of revenue.

Proptech firm 1VALET eyes Middle East expansion as revenues soar

Proptech venture 1Valet says it’s poised to expand into markets such as the United Arab Emirates and Saudi Arabia over the next 12 months as its platform gains momentum.

Struggling Avivagen exploring potential sale as part of strategic review

Avivagen is reviewing “strategic alternatives” that could include selling the embattled Ottawa-based life sciences company as it struggles to gain market traction for its natural immune-boosting compound.

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