Story perspectives

Shopify Ends Program; Amazon Layoffs Spark Canadian Reassessment

1/28/2025

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Summary

Story summary

Shopify has ended its Indigenous Entrepreneurship program due to leadership transitions.
SRTX CEO Katherine Homuth addressed the uncertainties entrepreneurs face, especially concerning tariffs.
Amazon will lay off 1,950 employees in Québec, leading Canada’s Innovation Minister to reassess its business ties.
Xanadu launched a new photonic quantum computer, claiming advancements in scalability.
Canada allocated nearly $80 million in federal funding for over 100 quantum projects this week.

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Story summary

Shopify has ended its Indigenous Entrepreneurship program due to leadership transitions.
SRTX CEO Katherine Homuth addressed the uncertainties entrepreneurs face, especially concerning tariffs.
Amazon will lay off 1,950 employees in Québec, leading Canada’s Innovation Minister to reassess its business ties.
Xanadu launched a new photonic quantum computer, claiming advancements in scalability.
Canada allocated nearly $80 million in federal funding for over 100 quantum projects this week.