Latest news with #GoTo
Reuters
3 days ago
- Business
- Reuters
Indonesia antitrust agency finds risk of monopoly from TikTok's Tokopedia takeover
JAKARTA, May 28 (Reuters) - Indonesia's antitrust agency said on Wednesday that last year's takeover of the country's biggest e-commerce platform Tokopedia by TikTok carried a risk of monopoly. TikTok, owned by China's ByteDance, in January 2024 completed a deal that was agreed a month earlier to buy 75.01% of Tokopedia for $840 million from GoTo ( opens new tab.
Business Wire
4 days ago
- Business
- Business Wire
GoTo and Acronis Announce New Strategic Partnership and Integrated LogMeIn Data Protection Suite for MSPs and IT Teams
BOSTON--(BUSINESS WIRE)-- GoTo, the leader in cloud communications and IT, and Acronis, a global leader in cybersecurity and data protection, today announced a new strategic partnership. The collaboration focuses on further enhancing endpoint management and security capabilities for IT professionals across Managed Service Providers (MSPs) and small and midsized businesses (SMBs) and includes the launch of the new LogMeIn Data Protection Suite powered by Acronis. The new offering gives MSPs and IT professionals the ability to level up and centralize their endpoint management by bringing together LogMeIn Resolve's modern, unified endpoint management (UEM) capabilities with industry leading business continuity and disaster recovery (BCDR) tools from Acronis, extending LogMeIn Practical AI capabilities to the Acronis data and tool environment. LogMeIn Data Protection Suite powered by Acronis offers powerful business continuity and disaster recovery capabilities for LogMeIn Resolve, streamlining endpoint management, protection, and recovery #DiscoverGoTo Share 'IT teams and Managed Service Providers today are tasked with managing incredibly complex environments, and that means endpoint management, backup, and disaster recovery are often handled in separate, siloed platforms,' said Joseph George, General Manager of IT Solutions Group at GoTo. 'Lack of integration across these silos, however, can lead to missed backups, inconsistent policies applied across devices, and delayed disaster recovery responses. We've partnered with Acronis to create a solution to these challenges with the new LogMeIn Data Protection, delivering a connected, scalable experience that dramatically reduces risk, complexity, and time to incident response.' Highlights of the new offering include: Unified Management Experience: Manage endpoints, schedule custom backups, and deploy agents seamlessly in the Resolve console. Simple, Customizable Enrollment: Configure backups to meet the demands of your customers or needs of your organization with file-level, disk-level, image, and application backups. Flexible Scheduling: Automate backup timing with policy-based controls for start-time, frequency, and recurrence. Workspace Coverage: Extend your backup to Google Workspace and Microsoft 365 SaaS for complete coverage across cloud services and endpoints. One-Click Rapid Recovery: Immediately restore systems with historical backup snapshots to minimize downtime and resume operations without delay in the event of a cyberattack, data loss, or system failure. Built for MSPs: Scale quickly and confidently with tools designed for multi-tenant environments. In addition to the new LogMeIn Data Protection Suite, current Acronis BCDR customers will benefit from the partnership with a new native integration. This integration offers Acronis customers the ability to simplify backup and recovery workflows and maintain business continuity with ease as they enroll backup agents on devices and configure custom schedules directly from Resolve. "It's been incredibly rewarding to work closely with the GoTo team to bring this partnership to life,' said Fernanda Silva, Senior Alliances Manager at Acronis. 'Together, we've integrated Acronis' backup, disaster recovery, and endpoint detection and response capabilities directly into LogMeIn Resolve, creating a more unified, efficient experience for MSPs and IT professionals. This collaboration is more than just a technical integration; it's about solving real-world challenges our partners face every day. I'm proud of what we've built and excited about the value this brings to our joint ecosystem." The new LogMeIn Data Protection Suite powered by Acronis is the first phase of the new strategic partnership between the companies, with additional integrations and updates in the months ahead designed to strengthen endpoint management and data protection. To learn more, visit: About GoTo GoTo, the leader in cloud communications and IT, is dedicated to powering a world of work without limits. Featuring flagship products GoTo Connect, LogMeIn Resolve, and LogMeIn Rescue, the GoTo portfolio offers secure, reliable, AI-enabled solutions that are simple to adopt for small and midsize businesses, and scalable to enterprises worldwide. GoTo continuously improves human experiences for AI-enabled workforces across hundreds of thousands of customers. The company is headquartered in Boston, Massachusetts, with approximately $1 billion in annual revenue and 2,800 employees throughout North America, South America, Europe, Asia, and Australia. About Acronis Acronis is a global cyber protection company that provides natively integrated cybersecurity, data protection, and endpoint management for managed service providers (MSPs), small and medium businesses (SMBs), and enterprise IT departments. Acronis solutions are highly efficient and designed to identify, prevent, detect, respond, remediate, and recover from modern cyberthreats with minimal downtime, ensuring data integrity and business continuity. Acronis offers the most comprehensive security solution on the market for MSPs with its unique ability to meet the needs of diverse and distributed IT environments. A Swiss company founded in Singapore in 2003, Acronis has 15 offices worldwide and employees in 50+ countries. Acronis Cyber Protect is available in 26 languages in 150 countries and is used by over 20,000 service providers to protect over 750,000 businesses. Learn more at
Kuwait Times
21-05-2025
- Automotive
- Kuwait Times
Ride-hailing drivers in Indonesia protest to demand better pay
JAKARTA: Hundreds of taxi and delivery drivers joined protests in several cities across Indonesia on Tuesday over low wages and to oppose a planned merger between the country's largest tech company GoTo and US-listed ride-hailing rival Grab. Ride-hailing and delivery services, especially by motorcycle, are a critical part of the transport landscape in Southeast Asia's largest economy, especially in big cities. GoTo's unit Gojek, which has more than 3.1 million motorcycle drivers on its books, and Singapore-headquartered Grab have dominated the Indonesian market for years. Drivers gathered in the early afternoon near the president's office, parliamentary buildings, and the office of the transport ministry in Jakarta, dressed in their trademark green jackets and helmets. They delivered fiery speeches through loudspeakers, waved flags and held up posters criticizing what they said were unfair and exploitative company policies. Drivers, who say they typically make between 100,000 rupiah ($6.09) and 150,000 rupiah for 10 to 12-hour a day, also rode in a convoy through some of the capital's major streets. GoTo said in a statement it was open to drivers' input but reducing the company's share of fares was not a solution. On the merger plan, it said it had received proposals from various parties but had 'not made any decision.' Grab did not immediately respond to a request for comment. Drivers asked the government to ensure they received 90 percent of the fare from each trip, Raden Igun Wicaksono, the head of the online motorcycle driver association, told Reuters. Under current regulations, companies are supposed to take no more than 20 percent of the fare, but Wicaksono said that sometimes the companies took more. 'There is no sanction in the regulation and the government has always been soft on the companies,' he said. Transportation Minister Dudy Purwagandhi, who met company representatives on Monday to discuss the issues, acknowledged the drivers' concerns over the level of commissions and said in a statement that the government was evaluating the scheme. The companies say they take a commission on fares as regulated by the government. Protests took place in cities, including Surabaya, Bandung, Yogyakarta, and Semarang on the country's main Java island, local media reported. Sunardi, 47, who joined the Jakarta protest, said company offers of discounted fares had also reduced driver incomes and called for an end to the practice. The drivers said they feared a merger between GoTo and Grab would result in a 'monopoly' and lead to layoffs as well as 'predatory prices' for consumers, said Wicaksono. Grab is looking to strike a deal to take over GoTo in the second quarter, two sources with knowledge of the matter told Reuters earlier this month. If the merger goes ahead it would create a regional ride-hailing giant with around 85 percent of the $8 billion market, according to data analytics firm Euromonitor International. – Reuters
CNA
21-05-2025
- Business
- CNA
Indonesia's antitrust body looking into risks from reported Grab-GoTo merger
JAKARTA :Indonesia's antitrust agency has started research aimed at identifying risks from a possible merger between tech giants Grab and GoTo, its head said on Wednesday. Muhammad Fanshurullah Asa in a statement said the agency would be able to conduct a thorough review once the merger takes place and both companies give notification of such action. The two firms have yet to confirm merger plans officially but the possibility of such a move has been widely reported in recent months. Sources with knowledge of the matter last week said the two firms were looking to strike a deal within the second quarter.
Yahoo
20-05-2025
- Automotive
- Yahoo
Indonesia's ride-share drivers call for higher wages
STORY: :: Ride-share drivers in Indonesia protest over low wages and to oppose a planned company merger :: May 20, 2025 :: Jakarta, Indonesia :: Adang Arif Rahman, Driver "The company doesn't think about our fuel needs, parking fees or other needs. They are only extorting us as drivers." In Jakarta, the protest was centred near the president's office, parliamentary buildings, and the office of the transportation ministry where hundreds of drivers gathered, wearing their trademark green jackets and helmets. Drivers delivered speeches using loudspeakers and carried posters criticizing what they called unfair and exploitative company policies. Drivers also rode in a convoy through some of Jakarta's main streets holding flags. GoTo's unit Gojek with more than 3.1 million motorcycle drivers and Grab have dominated Indonesian markets for years.
