Tag #Shopify

Showing 1 to 12 of 12 results

theglobeandmail.com
🌐 85% Global Worthiness
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Shopify COO Kaz Nejatian departs for Opendoor CEO role

Shopify's Chief Operating Officer, Kaz Nejatian, is leaving to become the CEO of Opendoor Technologies, a US\$4.3-billion real estate company that has seen its stock surge 946 percent since July due to activist investor pressure.

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32% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Shopify Exceeds Q2 Expectations Amidst Global Economic Uncertainty

Shopify Inc. reported record Q2 2025 revenue of US$2.6 billion (up 31 percent), exceeding US$81 billion in GMV expectations despite global economic uncertainty and tariff concerns; net income reached US$906 million.

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36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Shopify Faces Tariff Headwinds, but Long-Term Growth Potential Remains

Shopify's upcoming first-quarter report is anticipated with some concern due to President Trump's tariffs impacting U.S. merchants importing Chinese goods; however, Shopify's historical success, strong financials (US\$7.3B current assets, US\$1.6B free cash flow in 2024), and competitive advantage i...

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40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Shopify's Strong Q4 Earnings Offset by High Valuation and Market Volatility

Shopify reported strong Q4 2024 results, with 31% year-over-year revenue growth to \$2.8 billion, despite a 20% year-to-date stock price decline and a high valuation relative to the S&P 500; however, its resilience during market downturns is questionable.

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Misleading Fentanyl Data Used to Justify US Tariffs Against Canada

The Trump administration is using misleading data on fentanyl seizures to justify tariffs against Canada; an investigation revealed that the data doesn't specify the origin of the drugs, with some seizures originating from Mexico, not Canada.

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40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Shopify's AI-Powered Growth Surges Past E-Commerce Industry Averages

Klatch Coffee's migration to Shopify in July 2024 highlights the platform's AI-powered automation tools, driving revenue growth exceeding industry averages; Shopify's revenue is projected to increase by 27.3 percent in the holiday quarter.

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52% Bias Score

theglobeandmail.com
🌐 85% Global Worthiness
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Air Canada Flight Attendants Vote to Strike

Air Canada flight attendants could strike as early as August 16, impacting over 10,000 workers after contract negotiations with the airline failed; the Canadian government also announced a $1.2 billion support package for the softwood lumber industry, and Shopify reclaimed its position as Canada's m...

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52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Shopify Q1 Beats Estimates but Stock Slumps on Outlook

Shopify exceeded Q1 2024 revenue expectations at $2.4 billion (up 27 percent), but its stock fell due to a less-than-stellar outlook; the company cites a high-income customer base and proactive tariff mitigation strategies as key to its success.

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36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Shopify Mandates AI Integration for Employees

Shopify CEO Toby Lutke issued a memo requiring employees to integrate AI into their workflows, citing the need to maintain competitiveness and improve products; this mandate includes AI integration assessments in performance reviews and may impact hiring decisions.

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40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Shopify's AI-First Hiring Policy Signals Widespread Job Displacement

Shopify CEO Tobi Lutke implemented a new hiring policy prioritizing AI, requiring managers to justify human hires; this reflects broader trends of AI-driven job displacement, as seen in Klarna's replacement of 700 call center agents with AI, saving $40 million, and recent tech layoffs totaling over ...

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52% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 85% Global Worthiness
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Shopify Shuts Down Kanye West's Yeezy Over Antisemitic Merchandise

Shopify shut down Kanye West's Yeezy online store after it sold T-shirts featuring a swastika, following his antisemitic posts on X and a Super Bowl ad promoting the site; the domain name is now for sale.

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44% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
🌐 75% Global Worthiness
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Ritual Technologies Co-founders Join Shopify After Pandemic-Induced Collapse

Ritual Technologies, a Canadian tech firm once valued at over US$300 million, is seeing its co-founders and R&D team join Shopify after struggling during the pandemic, with some investors describing the move as a potential 'acqui-hire' where Shopify purchases the company for its talent.

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 12 results