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 …
Tastemates Can Help Find People with Similar Interests
Tastemates, a brand new startup has built a social network around the connection forged between people due to the discovery of mutual interests. According to the startup’s CEO Jon Vlassopulos, …
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 …
The Three Things that Matter Most to Angel Investors
A survey has been released this week, showing three things that matter most to angel investors beyond a return on investment. Propel, an online investment platform, conducted the research together …
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 …
PAGCOR Surpasses its Target and Nets P1.04-B Profit
The Philippine Amusement and Gaming Corporation managed to get a P1.04 billion profit for the year’s first quarter. The amount exceeded their target by nearly ten times. PAGCOR recorded a …