The Philippine Chamber of Commerce and Industry (PCCI) advocates for a comprehensive investment law with clear incentives for businesses to boost economic growth and competitiveness in the Philippines.
Meta tests facial recognition tech to combat “celeb-bait” scams by detecting unauthorized use of celebrity images in ads and fake accounts. Privacy concerns remain amid evolving security efforts.
The Intellectual Property Office of the Philippines is crafting guidelines for artists using AI, addressing copyright concerns and clarifying legal protections for AI-generated art.
GCash, a leading e-wallet platform in the Philippines, is set to attract more international investors following a strategic partnership with Mitsubishi Corporation. This collaboration with Ayala Corporation’s venture capital arm may boost GCash’s potential IPO prospects, expanding its global reach.
Kristelle Dizon leads Globe Business in transforming B2B services in the digital era. Discover how innovation, customer focus, and operational excellence are driving growth and success.
Meta Platforms Inc. is facing a lawsuit from state attorneys general alleging its social media platforms contribute to a youth mental health crisis by fostering addictive behaviors. The lawsuit highlights concerns about the impact of social media on minors and seeks changes in Meta’s practices to better protect young users.
DMCI Holdings Inc. gains shareholder approval for PHP 10 billion fundraising to acquire a majority stake in Cemex Holdings Philippines Inc., aiming to strengthen its construction industry foothold.
NASA’s Europa Clipper spacecraft has launched on a 5 1/2-year mission to explore Jupiter’s moon Europa. Scientists believe a vast ocean under its icy surface may harbor life. The spacecraft aims to gather data on the moon’s surface, subsurface, and potential for habitability, marking a major step in space exploration.
TikTok announces global job cuts as it transitions to AI-assisted content moderation. Hundreds of positions, including many in Malaysia, are affected as the company seeks to enhance platform safety and efficiency.
In the Philippines, AI is becoming a vital partner in cybersecurity. Cisco’s survey reveals only 1% of companies are cyber-resilient while 80% are overconfident. AI’s role in enhancing threat detection and response is pivotal. The gap in cybersecurity readiness highlights the need for AI-driven solutions combined with traditional measures.