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Intel Stock Pops On Plan For Its Foundry To Make Custom Chips For Amazon
Intel's foundry, or contract manufacturing business, has signed Amazon's cloud services unit as a customer for making custom artificial...

By The Financial District
Sep 23, 20241 min read


Intel Wins $3.5 Billion In Grants To Make Chips For U.S. Military
Intel Corp. has officially qualified for up to $3.5 billion in federal grants to manufacture semiconductors for the U.S. Department of...

By The Financial District
Sep 23, 20241 min read


OpenAI's Stunning $150-B Valuation Hinges On Changing Corporate Structure
OpenAI’s new financing round is expected to take the form of convertible notes.

By The Financial District
Sep 23, 20241 min read


CREIT Clinches First Golden Arrow For Exemplary Corporate Governance
Citicore Energy REIT Corporation (CREIT) has been awarded its first Golden Arrow by the Institute of Corporate Directors (ICD).

By The Financial District
Sep 21, 20242 min read


AboitizPower Scores A Three-Peat With Golden Arrow Award
For the third consecutive year, Aboitiz Power Corporation (AboitizPower) has received the prestigious Golden Arrow Award, marking its...

By The Financial District
Sep 21, 20242 min read


Meralco To Power Samsung's Electronic Chip Component Plant Expansion
The Manuel V. Pangilinan-led Manila Electric Company (Meralco) is set to power the expansion of Samsung Electro-Mechanics Philippines...

By The Financial District
Sep 21, 20242 min read


Nippon Steel Finds Unlikely Ally Among Pittsburgh Workers
Former President Donald Trump and Vice President Kamala Harris have found agreement on one issue: opposing the $14.1 billion sale of U.S...

By The Financial District
Sep 20, 20241 min read


Oracle Settles Suit Over Data Tracking With $115 Million Deal
Tech giant Oracle has agreed to settle a class-action lawsuit for $115 million over allegations that it tracked consumer activity both...

By The Financial District
Sep 20, 20241 min read


Shakey’s-Acquired Potato Corner Hits "2K Store Milestone"
Kiosk-based food brand Potato Corner (PC), acquired by Shakey’s Pizza Asia Ventures, Inc. (SPAVI) in 2022, has reached a significant...

By The Financial District
Sep 20, 20243 min read


PAGCOR Holds Mall Exhibit For Winning Entries Of 2024 Photo Contest
The winning entries of the Philippine Amusement and Gaming Corporation’s (PAGCOR) 2024 Photography Competition are now on display at the...

By The Financial District
Sep 20, 20242 min read


CREC Projects Gain National Significance Status
Citicore Renewable Energy Corporation (CREC) has received Certificates of Energy Projects of National Significance (CEPNS) for thirteen of..

By The Financial District
Sep 19, 20242 min read


U.S. Business Groups Ask Treasury Not To Politicize Nippon Steel Deal
A coalition of Washington-based business groups have sent a joint letter to Treasury Secretary Janet Yellen, urging her not to politicize...

By The Financial District
Sep 19, 20241 min read


Microsoft Brings Copilot AI Tech To Its Software
Microsoft is integrating more of its AI-powered Copilot technology into its Microsoft 365 productivity products, including Excel, Power...

By The Financial District
Sep 19, 20241 min read


ABS-CBN Transitions To IP-Based Delivery With Amagi
Amagi, the global leader in cloud-based SaaS technology for broadcast and connected TV (CTV), has successfully enabled ABS-CBN to...

By The Financial District
Sep 19, 20242 min read


India Rips Samsung, Xiaomi For Colluding With Amazon, Flipkart
Samsung, Xiaomi, and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on these...

By The Financial District
Sep 19, 20241 min read


ESPN, Other Channels Return To DirecTV With New Disney Deal
DirecTV has announced that it had reached a deal with Walt Disney Co. to restore ESPN and ABC-owned stations to its service, following a...

By The Financial District
Sep 18, 20241 min read


SM Prime and PH Competition Commission Join Forces To Promote Fair Market Competition
Property giant SM Prime Holdings Inc. (SMPH) has partnered with the Philippine Competition Commission (PCC) to launch a nationwide info...

By The Financial District
Sep 18, 20242 min read


Escondido Blocks Battery Energy Storage System (BESS), Setting Global Precedent
On August 28, 2024, the City Council of Escondido (near San Diego), California, made headlines by blocking the construction of a large...

By The Financial District
Sep 18, 20242 min read


Uratex Partners With Movem For Electric Fleet
Uratex Group of Companies, a leading manufacturer of foam and mattresses in the Philippines, has taken a significant drive towards more...

By The Financial District
Sep 18, 20242 min read


MIESCOR & PhilTower: Towering Partnership For Progress
Meralco Industrial Engineering Services Corporation (MIESCOR), the engineering and infrastructure arm of Manila Electric Company...

By The Financial District
Sep 18, 20242 min read


MERALCO Wins 2024 ASEAN Enterprise Innovation Award For “Certified by Meralco” Platform
The Manila Electric Company (Meralco) has once again demonstrated its commitment to digital transformation, bagging the prestigious AIBP...

By The Financial District
Sep 18, 20242 min read


Microsoft Approves New $60-B Share Buyback Program
Microsoft announced on Monday that its board has approved a new share buyback program of up to $60 billion.

By The Financial District
Sep 18, 20241 min read


Nordstrom Family Offers To Take Department Store Private In $3.76 Billion Deal
Members of the Nordstrom family, with the help of a Mexican retail group, are offering to take the century-old department store private...

By The Financial District
Sep 18, 20241 min read


Sean "Diddy" Combs Arrested In New York After Federal Indictment For Sexual Assaults
Sean "Diddy" Combs, the hip-hop mogul facing numerous allegations of sexual assault, was arrested in New York following his indictment by...

By The Financial District
Sep 18, 20241 min read
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