Bizsnippets
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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…
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Araneta Allots P50B for Redevelopment Project
Araneta Center is spending P50 billion more for its Cubao property and its continued redevelopment. According to Araneta Senior VP for Operations Antonio T. Mardo,…
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ACR Experiences Oversupply in Mindanao
Mindanao is expected to see an oversupply of power towards the end of the year. New power plants are to start delivering electricity and the…
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SyndicateRoom Raises $4.5M Series A
SyndicateRoom announced the raising of $4.5 million from a number of angel investors. The round was led by Jonathan Milner, Abcam’s founder. The largest investor…
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GMA Puts Final Touches on Digital Box
GMA Network’s preparations for a shift to Digital Terrestrial Television format is already underway. The company is investing between P1 and 1.5 billion in order…
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FDA Finalizes New Nutrition Facts Label for Packaged Foods
On May 20, 2016, the U.S. Food and Drug Administration revealed the new Nutrition Facts Label on food packages. While announcing the new rules, First…
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Twitter’s Deal for Thursday Night Football is Significant for Social Networks
According to Nielsen, 95% of total sports program viewing happens in real-time and what better way to take advantage of real-time than to tap social…
