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Calatagan South Beach Switches to 100% Renewable Energy With Ayala’s ACEN RES
Landco Pacific Corporation has announced that its Calatagan South Beach (CaSoBe) resort in Batangas has secured a renewable energy supply agreement with ACEN Renewable Energy Solutions (ACEN RES) to transition its operations to 100% renewable energy.

By The Financial District
Feb 52 min read


OpenAI Races to Its IPO Even as Projections Show it won’t Earn Until 2030
OpenAI is reportedly racing toward a fourth-quarter IPO that would test investor faith in the giant startup—and in the AI boom itself.

By The Financial District
Feb 51 min read


Zuckerberg Charity Organization Cuts 70 Jobs
The Chan Zuckerberg Initiative is making significant changes to start 2026, including job cuts aimed at recalibrating and refocusing its efforts on AI-powered biomedical research.

By The Financial District
Feb 31 min read


Veteran Google DeepMind Researcher to Launch Startup
David Silver, a well-known Google DeepMind researcher who played a critical role in many of the company’s most famous breakthroughs, has left the company to form a London-based startup called Ineffable Intelligence.

By The Financial District
Feb 31 min read


Saks Ending E-Commerce Partnership with Amazon
Bankrupt retailer Saks Global is ending its “Saks on Amazon” partnership with e-commerce giant Amazon.com.

By The Financial District
Feb 31 min read


French Tech Company Capgemini to Sell U.S. Unit Linked to ICE
French IT company Capgemini will sell its U.S. subsidiary, Capgemini Government Solutions (CGS), it said after coming under pressure to explain a contract the unit signed with U.S. immigration enforcement agency Immigration and Customs Enforcement (ICE).

By The Financial District
Feb 31 min read


OpenAI Investment was "Never a Commitment," Nvidia’s Huang Says
Nvidia Corp. Chief Executive Officer Jensen Huang said the company’s proposed $100 billion investment in OpenAI was “never a commitment.”

By The Financial District
Feb 21 min read


Alibaba AI Chip Output Hits 100,000 Mark
Alibaba Group Holding has delivered more than 100,000 units of its most advanced artificial intelligence chip, the Zhenwu 810E.

By The Financial District
Feb 21 min read


Apple Notches 38% Best Quarterly Revenue Growth in China
China has emerged as the brightest spot in Apple’s latest earnings, with the US tech giant posting record iPhone revenue in the world’s largest smartphone market.

By The Financial District
Feb 21 min read


Panama Voids HK-Based Firm’s Canal Port Contracts
Panama’s Supreme Court has annulled contracts allowing a Hong Kong–based company to operate container ports on the Panama Canal.

By The Financial District
Feb 22 min read


Microsoft Q2 Earnings Beat Estimates; Cloud Revenue Tops $50-B
Microsoft reported second-quarter earnings after the bell at one point last week, beating Wall Street estimates on both revenue and profit, with cloud revenue topping $50 billion for the first time.

By The Financial District
Feb 21 min read


UK Drug Giant AstraZeneca to Invest $15-B in China
British pharmaceutical group AstraZeneca said it will invest $15 billion in China through 2030 to expand its medicines manufacturing and research operations.

By The Financial District
Feb 21 min read


Megaworld Rolls Out “AI-Powered Homes”
As artificial intelligence (AI) continues to reshape everyday living, Megaworld is rolling out “AI-powered homes” in the Philippines this year.

By The Financial District
Feb 22 min read


UPS Slashes 30,000 Jobs as It Shifts Away from Amazon
United Parcel Service (UPS) has announced plans to eliminate 30,000 jobs in 2026 as it continues to unwind its partnership with Amazon, signaling another year of deep cuts as it attempts to turn around its business.

By The Financial District
Jan 301 min read


Compose Coffee Achieves Top Customer Satisfaction Ranking in South Korea
The Jollibee Group today announced that Compose Coffee has achieved the highest customer satisfaction rating among South Korea’s leading low-cost coffee franchises.

By The Financial District
Jan 302 min read


Boeing’s Sales Jump Nearly 60% in Q4 as More Planes Are Delivered
Boeing’s sales surged nearly 60% in the fourth quarter as the aerospace company digs itself out of a string of crises that tarnished its reputation. It was the strongest quarter for airplane deliveries since 2018.

By The Financial District
Jan 301 min read


Amazon to Close Fresh and Go Stores to Focus on Delivery, Whole Foods
Amazon plans to close Amazon Fresh and Amazon Go stores to focus on expanding Whole Foods and delivery services, with more than 100 new Whole Foods locations set to open in the next few years.

By The Financial District
Jan 301 min read


Rare Earth Stocks Jump as U.S. Takes $1.6-Billion Stake in Miner
USA Rare Earth stock has jumped as much as 12% after the miner announced it would receive $1.6 billion from the Department of Commerce in exchange for an equity stake in the company.

By The Financial District
Jan 281 min read


Treasury Cancels All Booz Allen Hamilton Contracts
The US Treasury Department said on Monday it had canceled all of its contracts with Booz Allen Hamilton.

By The Financial District
Jan 281 min read


CoreWeave Stock Surges Amid Fresh $2-Billion Nvidia Investment
CoreWeave stock surged more than 15% early Monday after Nvidia said it would invest an additional $2 billion in the AI cloud company.

By The Financial District
Jan 281 min read


AI Infrastructure Worth Trillions of Dollars Needs to Be Built: Nvidia CEO
Nvidia CEO Jensen Huang took the stage at the annual World Economic Forum in Davos, Switzerland, for a conversation with BlackRock CEO Larry Fink to discuss the impact of artificial intelligence (AI).

By The Financial District
Jan 271 min read


Coupang Investors Seek U.S. Probe Over South Korea’s Handling of Data Leak
Two major US investors in Coupang Inc. said that they have petitioned the US government to investigate the South Korean government and potentially impose trade remedies over what they describe as discriminatory treatment of the e-commerce company.

By The Financial District
Jan 271 min read


Musk Sued for Selling $7.5B of Tesla Stock Before Weak Sales Report
Elon Musk and the Tesla board are facing a shareholder lawsuit over his sale of $7.5 billion worth of Tesla shares in late 2022, ahead of a January 2023 sales report that sent the company’s stock price plunging.

By The Financial District
Jan 261 min read


Five South Korean Airlines Ban In-Flight Use of Portable Batteries
Hanjin Group’s five airlines—Korean Air, Asiana Airlines, Jin Air, Air Busan, and Air Seoul—will ban the use of portable batteries onboard aircraft starting Jan. 26 due to concerns over lithium-ion battery fires.

By The Financial District
Jan 261 min read
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