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Indonesian company Ajaib lays off 8% of its workforce

Ajaib, an Indonesian investing platform, has laid off 67 workers, or 8% of its total workforce. Affected employees will get severance pay in addition

Ajaib, an Indonesian investing platform, has laid off 67 workers, or 8% of its total workforce. Affected employees will get severance pay in addition to an annual service bonus of one extra months pay. Ajaib has also chosen to voluntarily lower managerial pay and forgo cofounders salary as a further measure. The announcement follows other layoffs that have affected Indonesias startup ecosystem this month. GoTo Group, a tech giant, laid off 1,300 workers in addition to the macroeconomic recession. Read More..

B2B Tech News | 2 years ago        

Amie landed $7 million for her authoritative calendar and todo app

The business is constructing a productivity tool centred on your calendar. It enables you to manage your forthcoming chores, connect with your team, a

The business is constructing a productivity tool centred on your calendar. It enables you to manage your forthcoming chores, connect with your team, and remain on top of your schedule. The newest crop of calendar startups, such as Vimcal, Magical, Fantastical, Cron, and Rise, compete with Amie. Amie includes social and multiplayer elements as well. Every week, the company adds new users, and it intends to go public in 2023. Users must join a waitlist if they wish to test out Amie. Read More..

B2B Tech News | 2 years ago        

Finastra reaffirms its commitment to growth in AsiaPacific with its center of excellence

Finastra has announced the establishment of a new Center of Excellence COE at MRANTI Technology Park in Bukit Jalil, Kuala Lumpur, Malaysia. MRanti is

Finastra has announced the establishment of a new Center of Excellence COE at MRANTI Technology Park in Bukit Jalil, Kuala Lumpur, Malaysia. MRanti is a centre for technological advancement, commercialization, and scientific excellence. Finastras Lending, Universal Banking, Payments, and Treasury & Capital Markets software solutions will be promoted by the new COE throughout the region. Finastra has established an Excellence Center in Kuala Lumpur, Malaysia. MRANTIs vision is to serve as a connector, incubator, and catalyst for ideas from concept to impact. Vista Equity Partners, Finastras investor, supports the move. Read More..

B2B Tech News | 2 years ago        

Now a different leadership is needed BOQ part ways with CEO George Frazis

Today, Bank of Queensland stated that it had parted ways with managing director and CEO George Frazis. A replacement top executive has already been id

Today, Bank of Queensland stated that it had parted ways with managing director and CEO George Frazis. A replacement top executive has already been identified, according to the company. Prior to his three years at BOQ, Frazis spent a decade in top positions at the Westpac Group ASX WBC, serving as CEO of the subsidiary St George Banking Group and Westpac New Zealand, as well as chief executive of Westpacs Consumer Bank, which generates the majority of the groups revenue. Jon Sutton, who stepped down as CEO of BOQ in December 2018 to focus on his longterm health following a triple heart bypass, was replaced by Frazis. Read More..

B2B Tech News | 2 years ago        

After taking Australia by storm, Rowformers STRONG Pilates fitness brand is sending Pilates to the UK

Strong Pilates will open studios in Islington, Holborn, and Fulham. Former F45 franchisees Michael Ramsey and Mark Armstrong started STRONG Pilates in

Strong Pilates will open studios in Islington, Holborn, and Fulham. Former F45 franchisees Michael Ramsey and Mark Armstrong started STRONG Pilates in Melbourne. Next year, the rapidly expanding firm plans to launch stores in Canada, Singapore, and the United States. Pilates was declared the fastestgrowing genre in Australia and New Zealand by ClassPass two months ago, following a 250 percent increase in Pilates class reservations over the previous year. Read More..

B2B Tech News | 2 years ago        

Health Tech VALD Raises $37.5M as Vistara Growth Supports North America Rush

VALD, a Brisbanebased health technology startup, has raised US$25 million $37.5 million in funding from Vistara Growth and Queensland Investment Corpo

VALD, a Brisbanebased health technology startup, has raised US$25 million $37.5 million in funding from Vistara Growth and Queensland Investment Corporation QIC. The firm offers a variety of human measurement tools, claiming to democratise access to musculoskeletal technology to promote datadriven decision making. The investment was made possible by the Queensland Governments $100 million Business Investment Fund QIC. Randy Garg, who has worked with earlystage technology startups for 20 years, established Vistara in 2015. Read More..

B2B Tech News | 2 years ago        

Iranian state media wants USA banned from World Cup after team photos published

Tasnim News Agency, backed by the Iranian government, wrote in a series of tweets that the US soccer team should be barred from competing in the World

Tasnim News Agency, backed by the Iranian government, wrote in a series of tweets that the US soccer team should be barred from competing in the World Cup for posting a "distorted image" of the countrys flag. According to CNN, the United States Soccer Federation displayed the Iranian flag on its social media platforms on Saturday without the Iranian emblem in the centre. The central emblem is meant to represent Irans Islamic Republic. Soccer media officer Michael Kammarman told reporters on Sunday that the move was made to show "support for the women in Iran fighting for basic human rights," according to Reuters. Read More..

B2B Tech News | 2 years ago        

Study shows UK property demand plummets 44% after mini budget jostles market

Following the government budget in September, demand for residential properties in the United Kingdom has almost halved. According to real estate webs

Following the government budget in September, demand for residential properties in the United Kingdom has almost halved. According to real estate website Zoopla, buyer interest decreased 44% year over year in the four weeks leading up to Nov. 20. The fiscal package, which was unveiled on September 23, sparked a selloff in bonds and raised concerns about a possible property market meltdown. The increase in home prices for 2017 is estimated to be 7.8% compared to 7.9% in 2016. According to Rightmove, private rental rates in Britain have reached alltime highs amid fierce competition for available houses. Read More..

B2B Tech News | 2 years ago        



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