SparxUp in Jakarta has concluded, and our Indonesia-based correspondent has a wrap-up of the morning sessions. The three-day startup event in Jakarta with hackathon, competition, awards and conference has just ended. The event started with a 15-hour develop-an-app event on October 3, where around 70 teams were seen fighting for the US$ 1,100 grand prize, Read the full article…

Yahoo! transfers Koprol trademarks to Barito Labs, to be run by the original Koprol founders. The story of Koprol has been told again and again. Solid startup with a rockstar team, gets huge traction in Indonesia and was named the Foursquare of Indonesia, successfully exited the company to Yahoo!. Unlike other startups with happy endings, Read the full article…

Michael Smith (Smitty) saw the layoffs coming, but we didn’t know to what effect. But now we do. As part of Yahoo! latest decision by the new CEO, Scott Thompson,to drive innovation within a leaner, more agile company, a worldwide layoff of 2000 of the company’s employees was announced just two days ago. Nearer to home, Koprol, Read the full article…