Others

PasarPolis is now one of Indonesia’s first full-stack insurtechs

January 12, 2023

Indonesia’s PasarPolis is now able to underwrite its own products, making it one of Indonesia’s first full-stack insurtechs. This means PasarPolis will be able to offer new products and work with partners like Tokopedia, Gojek, Traveloka, Xiaomi and IKEA Indonesia to create custom insurance policies.  PasarPolis is able to underwrite insurance products because of its […]

PasarPolis is now one of Indonesia’s first full-stack insurtechs by Catherine Shu originally published on TechCrunch

Kakao Entertainment lands $966M from sovereign wealth funds, including Saudi Arabia’s PIF 

January 12, 2023

Kakao Entertainment announced today it has raised $966 million (1.2 trillion won) in financing from sovereign wealth funds, such as Saudi Arabia’s Public Investment Fund (PIF) and Singapore-based PWARP Investment. The entertainment subsidiary of South Korean internet giant Kakao operates storytelling platforms (web novels and webtoons), music, K-pop artists management, and other media (movie and […]

Kakao Entertainment lands $966M from sovereign wealth funds, including Saudi Arabia’s PIF  by Kate Park originally published on TechCrunch

PC sales slip for fourth straight quarter in Q4 as demand remains muted

January 11, 2023

When you look at fourth quarter worldwide PC sales data from Canalys, IDC and Gartner, it’s fair to say that the news was not great with all three firms seeing precipitous declines from 2021 highs. In fact, the numbers plunged for the fourth consecutive quarter with sales falling 28% according to IDC, 28.5% according to […]

PC sales slip for fourth straight quarter in Q4 as demand remains muted by Ron Miller originally published on TechCrunch

Company created by Citrix-Tibco merger confirms it has laid off 15% of staff

January 11, 2023

The continuing onslaught of tech layoffs has not let up in the new year. Last week, we saw big layoff announcements from Amazon and Salesforce with thousands of employees being let go. Yesterday CRN reported that Cloud Software Group was undertaking massive layoffs. Today the company confirmed it was laying off 15% of the workforce. Although […]

Company created by Citrix-Tibco merger confirms it has laid off 15% of staff by Ron Miller originally published on TechCrunch

The Guardian confirms ransomware attack stole employee data

January 11, 2023

British newspaper The Guardian has confirmed that cybercriminals accessed the personal details of U.K. staff members during a ransomware attack last month. The Guardian confirmed the data breach in an update emailed to staff on Wednesday, which the newspaper reported shortly after. The email, signed by the news outlet’s chief executive Anna Bateson and editor-in-chief Katharine […]

The Guardian confirms ransomware attack stole employee data by Carly Page originally published on TechCrunch

Carta lays off 10% as CTO lawsuit looms

January 11, 2023

Carta, an equity management platform that was last privately valued at $7.4 billion, has cut 10% of its staff, confirming earlier rumors that a workforce reduction was in the works. Using LinkedIn data, the layoff could have impacted around 200 employees. Today’s layoff is around the same size as its 2020 workforce reduction, an event […]

Carta lays off 10% as CTO lawsuit looms by Natasha Mascarenhas originally published on TechCrunch