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Infantino Faces Backlash Over Reported Plan to Tie FIFA Funding to World Cup Investment Vote
FIFA President Gianni Infantino is reportedly urging the organization's 211 member associations to support his proposal to allow outside investment in a new FIFA commercial subsidiary, with member federations warned they could forgo up to US$30 million in funding if the proposal is rejected.

By The Financial District
Aug 42 min read


DoorDash Launches Drone Delivery Service Following FAA Certification
DoorDash has officially launched its drone delivery initiative, DoorDash Air, following approval from the U.S. Federal Aviation Administration (FAA) to operate commercial drone deliveries in the United States.

By The Financial District
Aug 31 min read


Tim Cook Ends CEO Tenure With Optimism Despite Apple's Supply Challenges
In his final earnings call as Apple chief executive, Tim Cook said he has never been more optimistic about the company's long-term prospects, even as he acknowledged significant near-term supply constraints.

By The Financial District
Aug 31 min read


Taylor Farms Urges Confidence in Fresh Produce After FDA Clears Lettuce
Taylor Farms is urging consumers not to avoid fresh fruits and vegetables despite concerns surrounding a recent cyclosporiasis outbreak.

By The Financial District
Aug 31 min read


Nvidia Reportedly Discussing $250 Billion Financing Backstop for OpenAI Data Center
Nvidia is reportedly in talks to provide approximately $250 billion in financing guarantees for OpenAI as part of a massive data center project in Ohio.

By The Financial District
Aug 31 min read


European Football Leaders Oppose Infantino's Reported World Cup Investment Plan
European football leaders have voiced strong opposition to reports that FIFA President Gianni Infantino is exploring the sale of investment stakes tied to the FIFA World Cup.

By The Financial District
Aug 31 min read
![[BACKSTORY] Six Years in the Making, Jollibee Finally Lands in Downtown San Francisco](https://static.wixstatic.com/media/1c4fd3_3fd7a6a317f14cf4a21c0b60f3e185c5~mv2.png/v1/fill/w_333,h_250,fp_0.50_0.50,q_35,blur_30,enc_avif,quality_auto/1c4fd3_3fd7a6a317f14cf4a21c0b60f3e185c5~mv2.webp)
![[BACKSTORY] Six Years in the Making, Jollibee Finally Lands in Downtown San Francisco](https://static.wixstatic.com/media/1c4fd3_3fd7a6a317f14cf4a21c0b60f3e185c5~mv2.png/v1/fill/w_514,h_386,fp_0.50_0.50,q_95,enc_avif,quality_auto/1c4fd3_3fd7a6a317f14cf4a21c0b60f3e185c5~mv2.webp)
[BACKSTORY] Six Years in the Making, Jollibee Finally Lands in Downtown San Francisco
Jollibee’s arrival on San Francisco’s Market Street was supposed to be a restaurant opening. Instead, it became a six-year lesson in persistence, regulation and the high cost of bureaucratic delay.

By The Financial District
Aug 33 min read


Pax Silica and the Philippines’ Golden Node of Opportunity
For decades, the Philippines has been exceptionally good at consuming the products of other countries’ industrial ambitions.

By Gerry Urbina
Aug 28 min read


Elon Musk Proposes Peer Review System for Advanced AI Models
Elon Musk has proposed that leading artificial intelligence companies regularly review one another's most advanced AI models before deployment to improve safety and reduce potential risks.

By The Financial District
Aug 11 min read


LeBron James Accepts Massive Pay Cut to Join Philadelphia 76ers
LeBron James will continue his historic NBA career after agreeing to a two-year, $8 million contract with the Philadelphia 76ers, Forbes reported. LeBron James joins the Philadelphia 76ers on a two-year deal in pursuit of another NBA title. [Photo: LeBron James Facebook] The 41-year-old superstar said he wants another opportunity to compete for an NBA championship. His new contract represents a dramatic pay cut, approximately 92% lower than the $52.6 million salary he earned

By The Financial District
Jul 311 min read


Bernie Sanders Criticizes Walmart Over Buybacks and Employee Pay
Sen. Bernie Sanders, I-Vt., criticized Walmart Inc. over its stock buyback program and employee wages, while also taking aim at the wealth of the company's founding Walton family.

By The Financial District
Jul 311 min read


China's CXMT Raises $9.8 Billion in Landmark Shanghai IPO
Chinese memory chipmaker ChangXin Memory Technologies (CXMT) has raised $9.8 billion through its initial public offering (IPO) in Shanghai, further strengthening China's domestic semiconductor industry.

By The Financial District
Jul 311 min read


Mercedes-Benz Cuts Sales Forecast Despite 22% Profit Jump on China Weakness
German automaker Mercedes-Benz reported a 22% increase in second-quarter operating profit but lowered its full-year vehicle sales forecast, citing continued weakness in the Chinese market.

By The Financial District
Jul 311 min read


Meta Accused of Running Thousands of AI "Nudify" Ads on Facebook and Instagram
Meta Platforms Inc. allowed thousands of advertisements for AI-powered "nudify" apps to appear on Facebook and Instagram, despite company policies prohibiting such content, according to a report by the nonprofit Tech Transparency Project (TTP).

By The Financial District
Jul 311 min read


PAGCOR First-Half Revenues Drop 26.6% as Gaming Earnings Weaken
The Philippine Amusement and Gaming Corporation (PAGCOR) reported a 26.64-percent decline in total revenues during the first half of 2026 as lower earnings from gaming operations weighed on the state gaming agency's financial performance.

By The Financial District
Jul 312 min read


Poolside Unveils Laguna AI Model to Challenge Global Rivals
Artificial intelligence startup Poolside is re-emerging after nearly two years out of the spotlight with a new large language model that it says can compete with leading American and Chinese open-source AI systems.

By The Financial District
Jul 301 min read


Tesla's Original Founders Back Tiny EV Truck Startup TELO
Tesla co-founders Martin Eberhard and Marc Tarpenning are backing TELO, an electric vehicle startup developing compact electric pickup trucks as an alternative to Tesla's Cybertruck.

By The Financial District
Jul 301 min read


Amy's Kitchen Recalls More Than 200,000 Soup Cans Over Spoilage Risk
Amy's Kitchen has recalled more than 15,000 cases—equivalent to more than 200,000 cans—of Organic Lentil Soup – Light Sodium because of a manufacturing defect that could lead to product spoilage.

By The Financial District
Jul 301 min read


Boeing Q2 Revenue Beats Forecasts as Jet Deliveries Lift Cash Flow
Boeing has reported second-quarter results that exceeded revenue and cash flow expectations as rising jet deliveries helped the aircraft manufacturer return to positive free cash flow, continuing CEO Kelly Ortberg's turnaround efforts.

By The Financial District
Jul 301 min read


Micron, SK Hynix Lead Global Chip Sell-Off as AI Concerns Weigh on Semiconductor Stocks
.Semiconductor stocks extended their losses on Tuesday after the PHLX Semiconductor Index fell more than 2% in the previous session.

By The Financial District
Jul 291 min read


Larry Ellison's Net Worth Drops $66 Billion as Oracle Shares Slide
Oracle Corp. shares have fallen 34% this year, dropping to $126 per share and reducing Oracle co-founder Larry Ellison's net worth by an estimated $66 billion.

By The Financial District
Jul 291 min read


Samsung Lands $200 Billion Broadcom Chip Manufacturing Deal
Samsung Electronics has secured a contract worth more than $200 billion to manufacture chips for Broadcom Inc., strengthening its position in the rapidly expanding artificial intelligence semiconductor market.

By The Financial District
Jul 291 min read


EU Says TikTok Failed to Adequately Protect Children's Privacy
The European Commission said Friday that TikTok failed to adequately protect children's privacy by allowing adults to view the accounts of minors.

By The Financial District
Jul 291 min read


Oracle Cuts 21,000 Jobs While Expanding AI Infrastructure
Oracle Corp. reduced its workforce by approximately 21,000 employees as the company accelerated investments in artificial intelligence infrastructure.

By The Financial District
Jul 291 min read
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