Bizsnippets
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Transit Elevated Bus to Ease China’s Traffic Congestion
If you think your country’s traffic is bad, then you haven’t been to China. The Asian country’s gridlocked traffic in major cities like Beijing and…
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Twitter Adds 24 More Characters to Each Tweet
Twitter announced earlier this week that it is lessening its strict adherence to the 140-character for each tweet. The company said that media attachments and…
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8990 Holdings First Quarter Net Income Up by 10%
8990 Holdings, Inc. achieved a double-digit increase in net profits during the year’s first quarter. The mass housing developer released a statement on Tuesday that…
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Globe and PLDT Back Duterte’s Call for Faster Net Services
President-elect Rodrigo R. Duterte’s calls for faster internet service are already supported by top telecommunications companies. Mr. Duterte threatened to open the industry to foreign…
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Uber Partners with Toyota
The rideshare wars are heating up with Uber recently cementing a strategic partnership with Toyota. The latter has apparent made an undisclosed investment in the…
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Globe Supports DICT Bill Enactment
Globe Telecom, Inc. is pushing for the establishment of the Department of Information and Communications Technology in order to help improve the country’s internet. Globe…
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Western Union Promoting TFC to Filipinos Overseas
ABS-CBN Corp and Western Union are forming a tie-up to help promote the group’s The Filipino Channel. The channel itself is targeted at overseas Filipino…
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Snapchat is Raising More Funds Around $20 Billion Valuation
Snapchat has plans to raise more money at around a $20 billion valuation. One investor close to the company revealed that Snapchat gets offers for…
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Lyft Now Allows Trips to be Scheduled Ahead of Time
Lyft is adding a brand new feature that allows users to schedule rides in advanced. This can be critically useful for those who need rides…
