AI integration: The role of AI in Filipino MSMEs and BPO sectors

California voters are rejecting a proposal to impose a wealth tax on billionaire residents, marking a major win for tech and business executives, who spent hundreds of millions against the measure, according to a projection from Decision Desk HQ (DDHQ). According to DDHQ's analysis, 54 percent voted against the measure, while 46 percent voted for...

MANILA, Philippines — The Department of Science and Technology (DOST) will showcase three agricultural and aquaculture innovations at the 2026 National Science, Technology, and Innovation Week (NSTW) in General Santos City, on November 25–29.  The annual NSTW serves as a platform for presenting locally developed technologies and research initiatives that highlight the country’s scientific and

Elon Musk announced Friday that Tesla will wind down production of its Cybertruck next year after years of poor sales for the electric truck. In a post on the social platform X, the Tesla CEO said Cybertruck production will wind down at Gigafactory Texas in mid-2027 "to make room for increased Cybercab production." The Texas...

John Williams, the president of the Federal Reserve Bank of New York, said Friday inflation remains too high amid multiple price shocks. "Inflation is absolutely too ​high. It's been too high for too long," Williams said at a ​European Central Bank conference in Germany. He later added, "It's absolutely essential that we bring inflation back...

In the past, having noise-cancellation features in your calls or while listening to music was always on the hardware side. Devices such as the Samsung Buds 4 Pro or Apple’s own AirPods would have hardware-powered noise cancellation features that would drive up the price of devices. You can tell from the pricing – where regular

MANILA, Philippines – The Social Security System (SSS) and the Department of Information and Communications Technology (DICT) signed a data-sharing agreement to bring the MySSS card and select member services to the eGovPH superapp. Members will also be able to view their contribution history, their total number of contributions, and employer information on integration. “Our

China’s pure-play artificial intelligence chipmakers crossed an important milestone in the third quarter as several firms swung into profit, but severe supply chain hurdles and soaring memory costs cloud their long-term growth prospects. Domestic graphics processing unit (GPU) developers including Moore Threads, MetaX and Iluvatar CoreX are racing to fill the market void left by Nvidia, whose high-end processors face strict US export controls. These home-grown firms are competing fiercely to win...

Nvidia Corp. has finalized its payment of $1 billion of investments to Naver Corp. on Friday and acquired 4.13 percent of the portal operator's shares through a third-party rights offering. The South Korean company said it has issued over 6.5 million shares through a private placement involving the U.S. chipmaker, after receiving 1.3 trillion won ($1 billion) in proceeds, according to its regulatory filing. Nvidia's stake acquisition of Naver is set to speed up their joint artificial intelligence (AI) factory venture announced in June. Naver plans to construct graphics processing unit (GPU)-based infrastructure, starting with its Gak Sejong data center in the central city, to expand its GPU-as-a-service businesses.

Chinese e-commerce platform Temu said Friday that a survey it conducted found that 91 percent of Korean sellers reported improvements in their businesses after joining the online marketplace, including increased sales and access to new customers. The company-run survey of more than 100 sellers, conducted in August, found that 58 percent reported higher sales volumes, while 47 percent said they had reached new customer groups. Temu entered Korea in July 2023 and fully introduced its Local Seller Program in May last year, allowing domestic merchants to sell to consumers nationwide. About 66 percent of the survey respondents had been selling on the platform for six months or less. Businesses with fewer than 50 employees accounted for 85 percent of the respondents, while 94 percent had already sold through other online channels before joining Temu. Meanwhile, 82 percent viewed Temu as a sales channel that complements their existing sales routes or as a major driver of sales growth. Another 39 percent said they had expanded their operations after joining Temu or planned to do so within 12 mon

Samsung Biologics' unionized workers staged another strike Friday, as wage and collective bargaining negotiations between labor and management have dragged on for more than six months. With global rivals moving quickly to expand their contract drug manufacturing capability, concerns are growing that the prolonged labor dispute could undermine Samsung Biologics' reputation as a reliable supplier capable of delivering the promised volumes of drugs on time. The Samsung Biologics labor union said it began its partial strike on Friday, without holding a separate rally. The strike is scheduled to continue for about three weeks, through Nov. 27. About 400 workers, or 10 percent of the union's roughly 4,000 members, are participating in the strike. They work in departments including quality control testing, quality assurance, logistics and production. Samsung Biologics’ labor and management declared a breakdown in their 2026 wage and collective bargaining negotiations in March, prompting the union to stage a partial strike in April, the first since the company was established in 2011. The union

Lotte Chemical Corp. on Friday reported its third-quarter net loss of 289.8 billion won ($213.6 million), remaining in the red compared with a year ago. The company, which makes advanced chemical products and battery materials, said in a regulatory filing that it continued to post an operating loss of 281.4 billion won for the July-September period, compared with a loss of 132.6 billion won a year earlier. Sales rose 12.7 percent to 5.39 trillion won.

Hanwha Engine on Friday reported its third-quarter net income of 11.6 billion won ($8.6 million), down 61.7 percent from a year earlier. The company, which is part of Korea's largest weapons producer Hanwha Group, said in a regulatory filing that its operating profit for the July-September period stood at 40.9 billion won, up 53.7 percent from a year ago. Sales also rose 39.1 percent to 413.6 billion won. The earnings failed to meet market expectations. The average estimate of net profit by analysts stood at 41.6 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.