S|W: The SaaS Weekly – Walmart to tap TikTok?

S|W: The SaaS Weekly – Walmart to tap TikTok?

The SaaS Weekly is a weekly newsletter covering main SaaS news from Canada and about the globe.

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New York-primarily based proptech startup SwiftCTRL opens Canadian workplace in Montréal (BETAKIT)

SwiftCTRL Technologies Canada has opened its 1st engineering workplace and investigation and improvement centre in Montréal.


Most current JOBS

Syncro – Ruby on Rails Developer

Inpixon – Senior Complete Stack Developer

IT Connex – Sr. Java Developer, 12 month contract

See extra jobs and post your personal on Jobs.BetaKit (powered by Jobbio).


LA gets a major SaaS exit as Fastly nabs the Culver City-primarily based Signal Sciences for $775M (TECHCRUNCH)

Fastly stated that the acquisition of Signal Sciences’ small business will increase its capability to supply far better safety for applications and APIs — the connective fabric in between various solutions that knit various technologies with each other behind the scenes.


Entertainment tech startup Wrapbook raises $four.7 million CAD seed round (BETAKIT)

Toronto-primarily based Wrapbook, which creates application for workforces in the media production space, has raised $three.six million in funding.


Salesforce cuts about 1,000 jobs even as stock has record 1-day surge (CNBC)

The cuts quantity to about two% of Salesforce’s workforce, but personnel impacted will have 60 days to locate a new position at the firm.


Top rated Hat continues pursuit to take regular publishers digital with Bluedoor acquisition (BETAKIT)

Toronto-primarily based EdTech startup Top rated Hat has acquired a different education publishing firm, not too long ago closing a deal to buy United States-primarily based Bluedoor.


How TikTok could turn Walmart into an marketing powerhouse (Rapid Corporation)

By teaming up with Microsoft to obtain TikTok’s U.S. operations, the e-commerce giant could take on Google, Facebook, and Amazon’s enormous ad firms.


SeamlessMD raises $four million CAD Series A to meet elevated demand for digital patient engagement due to COVID-19 (BETAKIT)

Toronto healthtech startup SeamlessMD, which gives a cloud-primarily based patient engagement app, has raised a $four million CAD Series A led by Montreal’s MEDTEQ+.


What if Facebook is the genuine ‘silent majority’? (NEW YORK Instances)

Appropriate-wing influencers are dominating the political discussion on Facebook, raising inquiries about no matter whether it will translate into electoral accomplishment in November.


Verto Wellness raises $two million CAD seed round to far better connect healthcare providers, individuals (BETAKIT)

Toronto-primarily based healthtech startup Verto Wellness has closed a $two million seed round led by MaRS Investment Accelerator Fund (MaRS IAF).


Exclusive: ByteDance asks TikTok to draw up U.S. shutdown contingencies (REUTERS)

Microsoft Corp and Oracle Corp are amongst U.S. firms vying to obtain the assets of TikTok, which claims about one hundred million month-to-month active customers in the U.S.


New short-term policy to enable foreign workers to apply for perform permit devoid of leaving Canada (BETAKIT)

Canada’s Minister of Immigration, Refugees and Citizenship announced a new public policy set to make it less difficult to apply for a perform permit amid COVID-19.


Apple blocks Facebook update that referred to as out 30-% App Shop ‘tax’ (THE VERGE)

Apple stated the update violated an App Shop rule that does not let developers show “irrelevant” facts to customers.


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