Bizsnippets
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Friends Again? First US Commercial Flight to Cuba in 55 Years Lands
It’s like seeing bitter ex-lovers mend ties and talk again after years of avoidance and animosity. The US and Cuba severed diplomatic ties in 1961…
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PH Moves to Hasten Business Permits and Licensing Services
Last Tuesday, the Departments of Trade and Industry (DTI), Interior and Local Government (DILG), and Information and Communication Technology (DICT) agreed on a joint memorandum…
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EU Commission Orders Apple to Repay Irish Tax
The European Commission ordered Apple to repay up to €13 billion ($14.5/£11.1 billion) due to an illegal sweetheart deal with the government of Ireland. The…
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Youtube Brings More Services to Homegrown Stars
To prevent their fans and homegrown users from migrating to other video sharing platforms, Youtube seeks to offer new services beyond just sharing videos. The…
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Henry Sy Remains Philippines’ Richest Man
For 9 years straight, the Chinese-Filipino business magnate remains to be the Philippines’ richest man. Sy owns various business properties all throughout the country, including…
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Globe’s commitment to improve internet services in the Philippines
An anti- spam mechanism is now being activated by Globe to get rid of the daily spam and scam messages being delivered to users on…
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AboitizLand to Launch Four Major Projects in Luzon
Cebu real estate developer AboitizLand is setting its eyes on Luzon. The real estate arm of the Aboitiz Group is allotting P2.35 billion for the…
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Facebook to Update News Feed Algorithm to Show Less Clickbait
Have you ever seen titles like “10 Things This Crazy Girl Did! You Won’t Believe No. 7!” on your Facebook feed? It’s clearly meant to…
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Tesla Suffers Another Quarterly Loss
Electric car pioneer Tesla reported that it has suffered its 13th straight quarterly loss from increased spending on its vehicle and battery factories. The loss…
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Metro Pacific Reports 25% Increase in Net Income
Metro Pacific Investments Corp. (MPIC) reported a net income of nearly P7 billion in the first half of the year or about a 25 percent…
