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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          

Child Online Safety Act May Harm Minors, Civil Society Groups Warn Lawmakers

In a statement on Monday, dozens of civil society organisations asked lawmakers not to enact a plan that would shield kids from danger online. The leg

In a statement on Monday, dozens of civil society organisations asked lawmakers not to enact a plan that would shield kids from danger online. The legislation would impose obligations on websites that are likely to be visited by children, requiring them to behave in the best interests of visitors who are 16 years old or less. Additionally, parents would need methods to monitor the time their children spend on particular websites. Online providers would have to prevent injuries to children under KOSA. Websites would need to inform their young users when parental controls are active. 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          

APRA steps up investigation into Medibank after major cyberattack

The Australian Prudential Regulation Authority APRA has increased the level of oversight it provides to Medibank, a private health insurance. This com

The Australian Prudential Regulation Authority APRA has increased the level of oversight it provides to Medibank, a private health insurance. This comes after a cyberattack in which the private information of 9.7 million users in Australia was stolen. A data breach that has affected 10 million present and former Optus customers is also being investigated by APRA. Banks, insurers, and superannuation funds are the targets of a cybercrime campaign launched by the Australian Prudential Regulatory Authority APRA. One report of a cyberattack occurs every eight minutes as a result of the increase in cybercrime reporting. Just weeks after the Medibank data hack, APRA launched a crackdown. 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          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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