We ought to do some soul-searching

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Hello readers,

Reading or writing news about layoffs already ain’t easy; what more for those who have to go through them? 😭 If you’ve ever wondered why they have to happen, my colleague Willis Wee wrote a reflective piece on it.

Scroll down for the bullet points or jump straight into the full piece here.

But first, your quick bytes for today:

1️⃣ GoPay is available on YouTube in Indonesia

You can now pay for your YouTube Premium and YouTube Music subscriptions in Indonesia using GoPay, Gojek’s digital wallet and payment solutions platform. This came after Gojek had received investment from Google, along with Facebook, PayPal, and Tencent, to boost digital financial services in Asia. Would we see more of such tie-ups in the near future?

2️⃣ Microsoft wants all of TikTok

What supposedly was a discussion to buy over TikTok’s US business has evolved into Microsoft asking to buy all of TikTok’s global business — India and Europe included.

3️⃣ China’s home-grown digital currency is on the way

China’s major state banks have started testing a digital wallet application for transferring money and making payments.

4️⃣ US ban on WeChat and TikTok

Making sense of the senseless layoffs

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