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.
A 64-year-old man with a degenerative disease has gained control over Amazon’s Alexa using a brain implant, allowing him to use thoughts to stream shows and manage devices.
The Philippines returns to the bond market with a $2.5 billion dollar-denominated bond offering at a favorable rate. The new bond issue received strong investor interest.
Switzerland is reconsidering its stance on nuclear power due to changing geopolitical factors, climate goals, and rising electricity needs, despite a 2017 ban on new plants.