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Australian tech company, Atlassian will cut 500 jobs from global workforce

Plans are for Atlassian to cut 500 jobs, which represents 5% of its global workforce, 120 of which will be jobs in Australia. The company called the move a rebalancing of priorities due to changing economic conditions.

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Taiwan’s funP Innovation raises $3.12M to fuel smart retail and cloud drive into the Indonesia market

March 16, 2023

FunP Innovation Group, the Taiwan-based digital advertising sales and advertising technology conglomerate has announced it has secured $3.12 million from Ennoconn Corporation. FunP said that it will use this capital injection to develop and roll out smart retail and cloud services solutions for the Indonesian market and other Asia Pacific (APAC) countries, under its business unit cacaFly, in a partnership with Ennoconn.

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CDP mParticle Sold to Rokt for $300 Million

January 17, 2025

CDP mParticle is being acquired by ecommerce platform Rokt for a price of $300 million.  It’s the third acquisition of a leading independent CDP in a little over one month, following Uniphore’s purchase of ActionIQ and Contentstack’s purchase of Lytics. All three buyers offer some type of customer-facing technology; apparently they’ve decided that adding real-time profiles from CDP will give them a competitive edge.  (See this blog post for more analysis.)

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