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Meralco’s Presence in Batangas May Power Economic Growth
When the lights go out, the economy doesn’t just dim — it stalls.

By Lito U. Gagni
Oct 24, 20253 min read


Nvidia DGX Spark Hits Market as the "World’s Smallest AI Supercomputer"
Nvidia’s smallest supercomputer officially hit the market on Wednesday. The DGX Spark, which the company says delivers data center-class performance, features Nvidia’s GB10 Grace Blackwell superchip, along with ConnectX-7 networking capabilities and a full software stack.

By The Financial District
Oct 24, 20252 min read


Citicore Gets $55-M Funding for Solar, Battery Storage Projects
Pentagreen Capital (“Pentagreen”), manager of a blended finance strategy under Singapore’s Financing Asia’s Transition Partnership (“FAST-P”) initiative, and Citicore Solar Energy Corporation (“Citicore”), part of Citicore Renewable Energy Corporation, have announced a financing agreement worth US$55 million to support the implementation of solar and battery storage projects in the Philippines.

By The Financial District
Oct 24, 20252 min read


UK Regulators Say Getty-Shutterstock Merger Has Issues
It seemed like a picture-perfect moment: Getty Images and Shutterstock, two of the largest stock media services, announced in January that they would merge in a $3.7 billion deal.

By The Financial District
Oct 23, 20251 min read


Berkshire may have Lost $50-B After Dumping Apple Shares
Warren Buffett’s Berkshire Hathaway made one of its best investment moves buying Apple stock from 2016 to 2018—but it erred in selling most of the holding in 2024 and this year.

By The Financial District
Oct 23, 20252 min read


Netflix Shares Sink as Quarterly Profit Misses Mark
Netflix shares sank this week after the streaming television powerhouse reported quarterly profit that fell short of market expectations.

By The Financial District
Oct 23, 20251 min read


Jaguar Land Rover Hack Cost the UK $2.5 Billion
The August cyberattack on Jaguar Land Rover, owned by India’s Tata Motors, cost the British economy £1.9 billion ($2.55 billion) and affected more than 5,000 organizations across the country.

By The Financial District
Oct 23, 20251 min read


Lululemon Founder Picks Fight with Company’s Board
Chip Wilson isn’t happy with the way things are going at Lululemon Athletica, including the stock’s 40% drop in the past year.

By The Financial District
Oct 23, 20252 min read


Ford Recalls More Than 290,000 Vehicles in U.S. Due to Rearview Camera Issue
Ford is recalling more than 290,000 vehicles in the U.S. because the rearview camera system may not display images properly in certain lighting conditions, which could increase the risk of a crash.

By The Financial District
Oct 23, 20251 min read


Samsung Shares Hit Fresh Record Amid AI Chip Boom
Samsung Electronics Co. shares reached a new record high after the company reported its biggest quarterly profit in more than three years, driven by surging AI-related demand for memory chips.

By The Financial District
Oct 23, 20251 min read


David Attenborough, 99, Breaks Record as Oldest Daytime Emmy Winner
Sir David Attenborough has broken Dick Van Dyke’s record as the oldest Daytime Emmy winner, recently taking the trophy for daytime personality (non-daily) as host of Netflix’s Secret Lives of Orangutans.

By The Financial District
Oct 22, 20251 min read


Chipmaker Nexperia Says China Has Imposed Ban on Its Chip Exports
Chipmaker Nexperia said Tuesday that the Chinese government had banned it from exporting goods from China, after Dutch authorities seized control of the Netherlands-based firm, citing management concerns.

By The Financial District
Oct 22, 20251 min read


Steinway & Sons Shows way for U.S. Reindustrialization
For 30 years, Bernard Craddock has been one of roughly 200 workers handcrafting pianos at the 150-year-old Steinway & Sons factory in Astoria.

By The Financial District
Oct 22, 20251 min read


Jeffrey Epstein Earned Millions from Wall St. Titan Leon Black
New emails show how the financier Jeffrey Epstein profited immensely from his close ties with Leon Black, his longtime friend and client.

By The Financial District
Oct 22, 20252 min read


Nexperia China Unit Asserts Independence from Netherlands
Nexperia’s China unit has respected Chinese laws and has the right to operate independently.

By The Financial District
Oct 22, 20251 min read


Thieves Steal "Priceless" Jewels from Louvre, Flee on Motorbikes
Thieves have broken into Paris’ Louvre Museum through a window, stealing “priceless” items of jewelry before escaping on motorbikes.

By The Financial District
Oct 22, 20251 min read


Amazon Web Outage Knocks Out US Businesses
How critical are cloud computing giants to the U.S. business ecosystem?

By The Financial District
Oct 22, 20251 min read


Apple Stock Soars, Thanks to Launch of iPhone 17
Apple has scored a hit with its iPhone 17 launch, with shares surging to their first record high of 2025 on Monday and helping to lift the broader market.

By The Financial District
Oct 21, 20251 min read


Websites, Apps Go Dark as Outage Zaps Amazon’s Cloud Unit
Amazon’s cloud services unit AWS was hit by an outage Monday, causing connectivity issues for many companies around the world and disrupting services for several popular websites and apps including Fortnite and Snapchat.

By The Financial District
Oct 21, 20251 min read


Jensen Huang Says Nvidia’s Market Share in China Sinks from 95% to Zero
Nvidia CEO Jensen Huang urged nuance in regulating China’s access to U.S. technologies critical to developing artificial intelligence (AI).

By The Financial District
Oct 21, 20251 min read


Nvidia CEO Jensen Huang to Attend APEC Summit in South Korea
Nvidia CEO Jensen Huang plans to meet “global leaders and top Korean executives” when he attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in South Korea this month.

By The Financial District
Oct 21, 20251 min read


Microsoft Pushes AI Updates in Windows 11
Microsoft is encouraging users to “talk to their laptops” as it rolls out new artificial intelligence (AI) updates for Windows 11 while urging customers to move away from Windows 10.

By The Financial District
Oct 20, 20251 min read


Massaging Trump’s Ego, Promising Investments Led to Deal with AstraZeneca
AstraZeneca CEO Pascal Soriot looked relaxed standing in the Oval Office as U.S. President Donald Trump unveiled a medicine deal aimed at lowering drug prices for millions of Americans.

By The Financial District
Oct 20, 20252 min read


OpenSea Resurrects Itself as One-Stop Shop for Crypto Trading
Few firms have felt the collapse of the NFT market more than the once-dominant OpenSea, which was forced to lay off more than half of its staff in early November 2023.

By The Financial District
Oct 20, 20251 min read
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