Venture Investments in New Tech to Reshape US Industry

Waves of venture investments into brand new manufacturing startups may change the landscape of American manufacturing as we know it. New processes like three-dimensional printing and on-demand machining is speculated …

Microsoft Acquire Solair

In an announcement, Microsoft revealed that it acquired Solair, an IoT service based in Italy founded in 2011. The company had already used Microsoft’s Azure cloud computing platform to offer …

RCBC Net Income Rises

Rizal Commercial Banking Corp.’s net income managed to grow by a tenth in the year’s first quarter. Yuchengo conglomerate’s banking arm booked a P1.8 billion unaudited consolidated net income within …

Meralco Looking for ERC Nod on Power Supply Pacts

Manila Electric Co. is looking towards a regulatory approval to source 3,551 megawatts of its power requirements from seven companies. This includes two under its own power generation subsidiary. Alfredo …

Hulu to Introduce New Cable TV-Like Service

Hulu, in an attempt to compete with Sling TV, is fleshing out a brand new cable-TV like service. This is done by agreeing to license channels from Hulu’s co-owners: 21st …

Uber Expanding to Rizal

Uber is in the process of expanding its presence in the country by offering its services in Rizal province, albeit in select areas. The ride-sharing app began offering its on-demand …

D&L Targeting 10% Annual Growth Rate

D&L Industries, Inc. expects their net profit to rise by 10% over the medium term. This places the customized food ingredients producer in a spot to hit a market capitalization …

Amazon Promises to Bring Same-Day Delivery to Bronx

Amazon.com Inc. is to bring free same-day delivery to the Bronx following criticism from elected representatives that the company had neglected minority communities. According to Amazon’s VP Brian Huseman, they …