January 2023

Google-backed ShareChat cuts 20% workforce to ‘sustain through headwinds’

January 16, 2023

ShareChat, the Indian social media startup backed by Twitter, Google, Tiger Global and Temasek, has laid off 20% of its workforce — or over 400 employees — just a month after eliminating more than 100 roles. The startup informed its employees about the decision on Monday morning. It deactivated access to accounts and wiped out […]

Google-backed ShareChat cuts 20% workforce to ‘sustain through headwinds’ by Jagmeet Singh originally published on TechCrunch

Locad lands Series A to expand its “logistics engine” across Southeast Asia and Australia

January 16, 2023

When Constantin Robertz was working at Zalora, he was involved in moving warehouses six times as the e-commerce company outgrew its logistics infrastructure. This inspired him to co-found Locad, a logistics provider for omnichannel e-commerce companies that connects its network of third-party warehouses and shipping carriers with a cloud-based platform referred to its “logistics engine.” […]

Locad lands Series A to expand its “logistics engine” across Southeast Asia and Australia by Catherine Shu originally published on TechCrunch

Jakarta-based Mindtera helps companies keep an eye on employee morale

January 15, 2023

During the pandemic, Tita Ardiati and Bayu Puspito Bhaskoro began developing life coaching content to support employees who were increasingly burned out by working from home. They got a good enough reception that they decided to develop their product into an employee assistance program called Mindtera, which now serves more than 10,000 employees in Indonesia. […]

Jakarta-based Mindtera helps companies keep an eye on employee morale by Catherine Shu originally published on TechCrunch

ODIN Intelligence website is defaced as hackers claim breach

January 15, 2023

The website for ODIN Intelligence, a company that provides technology and tools for law enforcement and police departments, was defaced on Sunday. The apparent hack comes days after Wired reported that an app developed by the company, SweepWizard, which allows police to manage and coordinate multi-agency raids, had a significant security vulnerability that exposed personal […]

ODIN Intelligence website is defaced as hackers claim breach by Zack Whittaker originally published on TechCrunch

Norton LifeLock says thousands of customer accounts breached

January 15, 2023

Thousands of Norton LifeLock customers had their accounts compromised in recent weeks, potentially allowing criminal hackers access to customer password managers, the company revealed in a recent data breach notice. In a notice to customers, Gen Digital, the parent company of Norton LifeLock, said that the likely culprit was a credential stuffing attack — where […]

Norton LifeLock says thousands of customer accounts breached by Zack Whittaker originally published on TechCrunch

So much fintech M&A

January 15, 2023

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week. […]

So much fintech M&A by Mary Ann Azevedo originally published on TechCrunch

CircleCI says hackers stole encryption keys and customers’ source code

January 14, 2023

CircleCi, a software company whose products are popular with developers and software engineers, confirmed that some customers’ data was stolen in a data breach last month. The company said in a detailed blog post on Friday that it identified the intruder’s initial point of access as an employee’s laptop that was compromised with malware, allowing […]

CircleCI says hackers stole encryption keys and customers’ source code by Zack Whittaker originally published on TechCrunch