Globe’s diversification strategy brings P4.1B in non-telco revenue
According to Globe, its transition from a telco to a tech company gained momentum, reporting a record P4.1 billion in non-telco revenue in the initial three quarters of 2023, marking…
Power Mac Center brings holiday cheers this Christmas season
Power Mac Center (PMC) is celebrating the festive season with a trio of Christmas surprises, aiming to spread joy and cheer. #PMCPointsToPurpose To make a meaningful impact, PMC initiates a…
Upgrade your home with the Midea Airstill series
Concepcion Midea Inc. Philippines (CMIP) reintroduces the Midea Airstill inverter air-conditioning series, providing home comfort with cutting-edge technology and promising exceptional energy efficiency. The Midea Airstill Inverter Split Type air-conditioners,…
Maya enables Filipinos to invest with Maya Stocks
Maya, a digital bank App, has introduced Maya Stocks, enabling all Filipinos to venture into investments in the stock market. Integrated within the app, Maya Stocks allows users to invest…
Sophos shares tips to safeguard online shopping privacy
Holiday online shopping can be a haven for digital thieves, making it crucial to adopt secure practices. Sophos, a cybersecurity-as-a-service provider, shares tome tips for safeguarding your privacy during the…
AMD boosts data center AI solutions with Instinct MI300 Series
Chipmaker AMD launched its highly anticipated AMD Instinct MI300 Series, a suite of powerful data center AI (artificial intelligence) solutions. This release includes the AMD Instinct MI300X accelerators and the…
WalterMart partners with 2GO for seamless grocery delivery
2GO, a transportation and logistics solutions provider and a part of the SM Group, was recently selected as the primary logistics and delivery partner for WalterMart Supermarket’s E-commerce business. This…
TCL, Abenson unveil the latest C755 ‘Ultra Game Master’ QD-Mini LED TV
TCL, a consumer electronics brand, and Abenson, an appliance store, have jointly launched the impressive TCL C755 Ultra Game Master QD-Mini LED TV, celebrating its debut at the Abenson flagship…
Shopee Live brings 50x more holiday orders at 12.12 Mega Pamasko Sale
Shopee Live recorded a surge of 50 times more orders during the 12.12 Mega Pamasko Sale, which marked a significant boost in holiday shopping on the e-commerce platform Shopee. Within…
Alibaba aims for inclusive AI with launch of SeaLLMs
Alibaba DAMO Academy recently launched SeaLLMs, a Large Language Model (LLM) designed specifically for Southeast Asia (SEA). These models, with versions featuring 13 billion and 7 billion parameters, are tailored…
IDC: Shipments of wearables continue upward trajectory
According to the International Data Corp. (IDC), global shipments of wearable devices witnessed a 2.6% year-over-year growth in the third quarter of 2023 (3Q23), hitting an unprecedented high of 148.4…
Epson releases new models of EcoTank series
Epson introduces two new models, L3550 and L5590, to its EcoTank series, catering to small businesses and home users seeking enhanced print productivity and efficiency. The Epson L3550 and L5590…
UnionBank waives fees for InstaPay fund transfers
Aboitiz-led Union Bank of the Philippines (UnionBank) is waiving fees for InstaPay fund transfers up to P1,000 this holiday season. UnionBank is continuing its policy of waiving all fees for…
Algorithmiq runs quantum error mitigation experiment with IBM
Algorithmiq, a quantum computing startup specializing in quantum algorithms for life sciences, successfully ran an extensive error mitigation experiment on IBM’s Nazca, the 127-qubit Eagle processor, utilizing 50 active qubits…
Japanese tech firm Sansan to hire 100 developers in Cebu expansion
Sansan Inc., a Japanese tech firm specializing in cloud-based solutions driving digital transformation, announces its expansion into larger premises for its Sansan Global Development Center Inc. in Cebu. As it…
SES explores faster internet via satellite constellation tests with DICT
SES, a connectivity solutions company based in Luxembourg, teamed up with the Department of Information and Communications Technology (DICT) to conduct tests on its medium earth orbit (MEO) satellite constellation,…
‘The Night Agent’ tops Netflix’s most-watched list for 1H2023
The action-packed thriller “The Night Agent” has claimed the top spot as the most-watched show on Netflix in the first half of this year, raking in 800,000 viewing hours worldwide,…
PLDT, Smart support streamlined telco and internet rollout processes
PLDT Inc. (PLDT) and Smart Communications, Inc. (Smart) have expressed strong backing for the government’s drive to accelerate the expansion of telecommunications and internet infrastructure. This support follows the release…
Globe posts 8% year-on-year growth in corporate data business
Globe, has achieved an impressive 8% year-on-year growth in its corporate data business during the first nine months of 2023, signaling a robust upward trend in its operations. The surge…
Ericsson expects 5G subscriptions in SEA to soar to 550 million
According to Ericsson, a Swedish multinational networking and telecommunications company, nearly 1 in every 5 global mobile subscriptions will be 5G-based by the close of 2023. This projection comes from…
Visa urges holiday shoppers to stay vigilant
Visa, a digital payment facilitator, has highlighted the increase in consumer vigilance during this holiday shopping season, acknowledging the growing threat posed by cybercriminals targeting both online and in-store shoppers.…
Cisco bolsters security platform with AI-enhanced feature
Enterprise networking and security giant Cisco has responded to its own surveillance findings by unveiling its latest addition to the Security Cloud platform: the Cisco AI Assistant for Security, powered…
Klook secures $210 million in funding
Klook, a platform for travel services, successfully closed a $210-million financing round, led by Bessemer Venture Partners and including key investors like BPEA EQT, Atinum Investment, Golden Vision Capital, and…
HONOR achieves 200% sales growth in 2023
Technology brand HONOR posted a 200% sales growth in overseas markets, as announced at the Fortune Global Forum 2023 held in Abu Dhabi. “We believe human-centric innovations will enable new…
IDC: PaaS growth drives surge in public cloud services
In the first half of 2023 (1H23), the global revenue for public cloud services increased to $315.5 billion, marking a 19.1% surge compared to 2022, according to the International Data…
Sophos expects more AI-based cyber attacks
Sophos, a cybersecurity-as-a-service provider, saw that scammers can easily exploit different types of artificial intelligence (AI), including ChatGPT, to use in widespread fraud even with minimal technical expertise. While the…
IBM’s watsonx.governance aims to build trust in GenAI
Tech giant IBM’s latest offering, watsonx.governance, is touted to revolutionize how businesses and governments use generative AI, hoping to usher transparency and trust in AI (artificial intelligence) models. Scheduled for…
Packworks partners with financing firm to offer loan to ‘sari-sari’ stores
Packworks, a Filipino startup facilitating a B2B FMCG marketplace for sari-sari stores (also known as neighborhood stores), has teamed up with 1Sari Financing Corp. to provide inventory financing services to…
Rocket Software to acquire a division of OpenText for $2.2 billion
Rocket Software, Inc., a technology solutions provider, has signed a definitive agreement to acquire OpenText’s Application Modernization and Connectivity business (AMC), previously under Micro Focus, for $2.275 billion. AMC, known…
Globe Telecom closes P20-billion loan with BDO
Globe Telecom has finalized a term loan agreement with BDO Unibank Inc. amounting to P20 billion. The purpose of this loan is to support various financial needs such as capital…
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