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TikTok to invest .5B in GoTo’s Indonesia e-commerce business Tokopedia

Latest / Startup / Technology

TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business Tokopedia

December 11, 2023December 14, 2023 - by Amit Yadav - Leave a Comment

ByteDance’s TikTok wants to do more business in Indonesia — Southeast Asia’s biggest e-commerce market. So after facing roadblocks from the regulators, it’s now come up with a new route …

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LastPass says it was breached — again

Latest / Startup / Technology

LastPass says it was breached — again

December 1, 2022December 1, 2022 - by Amit Yadav - Leave a Comment

Password manager LassPass said it’s investigating a security incident after its systems were compromised for the second time this year. LastPass chief executive Karim Toubba said in a blog post …

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GoTo cuts 1,300 jobs as it anticipates ‘uncertainties’ to linger for long

Latest / Startup / Technology

GoTo cuts 1,300 jobs as it anticipates ‘uncertainties’ to linger for long

November 18, 2022November 18, 2022 - by Amit Yadav - Leave a Comment

GoTo Group is cutting 1,300 jobs, or 12% of its workforce, it informed staff early Friday, as Indonesia’s largest internet company attempts to trim costs and improve finances. “Achieving financial …

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