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Category: Technology

Back on solid footing: Globe returns to pre-Covid revenue levels, profit surges by more than half

August 12, 2022

Globe Telecom’s profit grew 51 percent in the six months through June as revenues climbed to pre-pandemic levels on strong gains from data-related products and services with sustained internet use and improved mobility.

Read More »

Dennis Anthony Uy’s Converge scales back expansion to avoid borrowing more money amid rising interest rates

August 11, 2022

Fiber internet provider Converge ICT Solutions is trimming its capital expenditures for the year to avoid falling into a debt trap amid higher interest rates.

Read More »

Raymond Garcia’s DFNN sustains growth; books P145M profit in H1 as mobility restrictions ease

August 11, 2022

Gaming technology provider DFNN of techpreneur Raymond Garcia remained on upward trajectory, posting a net income of P144.9 million in the six months through June or a reversal of the P76.9 million loss incurred in the same period a year ago.

Read More »

Elon Musk sells nearly $7B in Tesla stock

August 11, 2022

Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings, amid a high-stakes court battle with Twitter over a $44 billion buyout deal.

Read More »

Disney+ subscribers surge as Netflix stumbles

August 11, 2022

The Disney+ streaming service saw its number of paying subscribers leap beyond expectations in the last quarter, as rival Netflix’s client count ebbed, results showed Wednesday.

Read More »

Space invaders: How video gamers are resisting a crypto onslaught

August 11, 2022

When video game designer Mark Venturelli was asked to speak at Brazil’s biggest gaming festival, he submitted a generic-sounding title for his presentation — “The Future of Game Design” — but that was not the talk he gave.

Read More »

Facebook use plunges among US teens: survey

August 10, 2022

US teens have left Facebook in droves over the past seven years, preferring to spend time at video-sharing venues YouTube and TikTok, according to a Pew Research Center survey data out Wednesday.

Read More »

Elon Musk sells nearly $7 billion worth of Tesla shares: document

August 10, 2022

Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings published Tuesday, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal.

Read More »

Jury finds ex-Twitter worker spied for Saudi royals

August 10, 2022

A former Twitter worker was found guilty on Tuesday of spying for Saudi officials keen to unmask critics on the platform.

Read More »

Micron plans to invest $40B on US chip manufacturing

August 10, 2022

Capitalizing on grants and credits in new legislation President Joe Biden will sign Tuesday, US semiconductor firm Micron announced plans to invest $40 billion on domestic chip production by the end of the decade.

Read More »

Biden signs major semiconductors investment bill to compete against China

August 10, 2022

President Joe Biden signed into law Tuesday a multibillion dollar bill boosting domestic semiconductor and other high-tech manufacturing sectors that US leaders fear risk being dominated by rival China.

Read More »

Pay up! Ernest Cu asks NTC to fine Dennis Uy’s DITO P622M for breach of interconnection rules

August 9, 2022

Globe Telecom Inc. has asked the National Telecommunications Commission (NTC) to compel DITO Telecommunity of Davao-based businessman Dennis Uy to pay P622 million in penalties for violation of their network interconnection agreements.

Read More »

Ayalas to spend P4.1B for Globe’s IT upgrade

August 8, 2022

Globe Telecom Inc. is forking out P4.1 billion for technology modernization as part of efforts to better serve its millions of customers and further improve its billing system infrastructure.

Read More »

PLDT, Globe, SkyCable partner with LGUs to end illegal cable cutting

August 8, 2022

Major telco providers, cable operators, and local government units have joined forces to beef up efforts against illegal cable cutting.

Read More »

Pinoy superapp pioneer toktok launches in-app payment wallet

August 7, 2022

Pinoy-owned superapp toktok goes head-to-head with international e-commerce and logistics platforms by launching their own in-app payment wallet.

Read More »

Availing of home internet connection made easier and faster by Globe

August 7, 2022

Globe Telecom is making it easier and quicker for more households to have fast and reliable home internet connection.

Read More »

Maya adds nearly 3M new users in Q2

August 7, 2022

E-wallet Maya, formerly known as PayMaya, has grown its registered users by almost three million in the second quarter as it continues to catch up with industry leader GCash.

Read More »

California regulator accuses Tesla of false advertising

August 6, 2022

A California regulator has accused Tesla of misleading consumers about its driver assistance systems, and has filed complaints that could potentially prevent the automaker from selling its cars in the state, US media reported Friday.

Read More »
Page1 Page2 Page3 Page4 Page5

Back on solid footing: Globe returns to pre-Covid revenue levels, profit surges by more than half

August 12, 2022

Globe Telecom’s profit grew 51 percent in the six months through June as revenues climbed to pre-pandemic levels on strong gains from data-related products and services with sustained internet use and improved mobility.

Read More »

Dennis Anthony Uy’s Converge scales back expansion to avoid borrowing more money amid rising interest rates

August 11, 2022

Fiber internet provider Converge ICT Solutions is trimming its capital expenditures for the year to avoid falling into a debt trap amid higher interest rates.

Read More »

Raymond Garcia’s DFNN sustains growth; books P145M profit in H1 as mobility restrictions ease

August 11, 2022

Gaming technology provider DFNN of techpreneur Raymond Garcia remained on upward trajectory, posting a net income of P144.9 million in the six months through June or a reversal of the P76.9 million loss incurred in the same period a year ago.

Read More »

Elon Musk sells nearly $7B in Tesla stock

August 11, 2022

Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings, amid a high-stakes court battle with Twitter over a $44 billion buyout deal.

Read More »

Disney+ subscribers surge as Netflix stumbles

August 11, 2022

The Disney+ streaming service saw its number of paying subscribers leap beyond expectations in the last quarter, as rival Netflix’s client count ebbed, results showed Wednesday.

Read More »

Space invaders: How video gamers are resisting a crypto onslaught

August 11, 2022

When video game designer Mark Venturelli was asked to speak at Brazil’s biggest gaming festival, he submitted a generic-sounding title for his presentation — “The Future of Game Design” — but that was not the talk he gave.

Read More »

Facebook use plunges among US teens: survey

August 10, 2022

US teens have left Facebook in droves over the past seven years, preferring to spend time at video-sharing venues YouTube and TikTok, according to a Pew Research Center survey data out Wednesday.

Read More »

Elon Musk sells nearly $7 billion worth of Tesla shares: document

August 10, 2022

Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings published Tuesday, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal.

Read More »

Jury finds ex-Twitter worker spied for Saudi royals

August 10, 2022

A former Twitter worker was found guilty on Tuesday of spying for Saudi officials keen to unmask critics on the platform.

Read More »

Micron plans to invest $40B on US chip manufacturing

August 10, 2022

Capitalizing on grants and credits in new legislation President Joe Biden will sign Tuesday, US semiconductor firm Micron announced plans to invest $40 billion on domestic chip production by the end of the decade.

Read More »

Biden signs major semiconductors investment bill to compete against China

August 10, 2022

President Joe Biden signed into law Tuesday a multibillion dollar bill boosting domestic semiconductor and other high-tech manufacturing sectors that US leaders fear risk being dominated by rival China.

Read More »

Pay up! Ernest Cu asks NTC to fine Dennis Uy’s DITO P622M for breach of interconnection rules

August 9, 2022

Globe Telecom Inc. has asked the National Telecommunications Commission (NTC) to compel DITO Telecommunity of Davao-based businessman Dennis Uy to pay P622 million in penalties for violation of their network interconnection agreements.

Read More »

Ayalas to spend P4.1B for Globe’s IT upgrade

August 8, 2022

Globe Telecom Inc. is forking out P4.1 billion for technology modernization as part of efforts to better serve its millions of customers and further improve its billing system infrastructure.

Read More »

PLDT, Globe, SkyCable partner with LGUs to end illegal cable cutting

August 8, 2022

Major telco providers, cable operators, and local government units have joined forces to beef up efforts against illegal cable cutting.

Read More »

Pinoy superapp pioneer toktok launches in-app payment wallet

August 7, 2022

Pinoy-owned superapp toktok goes head-to-head with international e-commerce and logistics platforms by launching their own in-app payment wallet.

Read More »

Availing of home internet connection made easier and faster by Globe

August 7, 2022

Globe Telecom is making it easier and quicker for more households to have fast and reliable home internet connection.

Read More »

Maya adds nearly 3M new users in Q2

August 7, 2022

E-wallet Maya, formerly known as PayMaya, has grown its registered users by almost three million in the second quarter as it continues to catch up with industry leader GCash.

Read More »

California regulator accuses Tesla of false advertising

August 6, 2022

A California regulator has accused Tesla of misleading consumers about its driver assistance systems, and has filed complaints that could potentially prevent the automaker from selling its cars in the state, US media reported Friday.

Read More »
Load More
PrevCategory: TechnologyMeralco-Stonepeak JV enters digital infrastructure space; buys 2,180 cell towers from Globe
NextPaterno family’s 7-Eleven bounces back big time with profit topping pre-pandemic levelsNext

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