Apple Invests $1B in Didi Chuxing
In a bombshell announcement, Apple revealed a $1 billion investment in Didi Chuxing, China’s top ride hailing app. The company is often described by the U.S. media as the Chinese …
Android VR Headset to be Announced by Google
Google is reportedly announcing a standalone Android VR headset at the next Google I/O event. Peter Rojas, a former tech journalist, tweeted about the potential release, citing multiple sources. He …
Alliance Select Foods Beefing Up Ops in General Santos
Alliance Select Foods International, Inc. is reallocating portions of recent fundraising exercise proceeds to beef up operations in General Santos City. The company secured approval from the board to use …
Semirara Profit for First Quarter Rises by 16%
Semirara Mining and Power Corp. stated on Tuesday that earnings in the first quarter rose by 16%. This was made possible despite lower revenues from its power generation subsidiary. In …
Accion Systems Raise $7.5 million in Series A
Accion Systems has raised $7.5 million. The Series A funding was made possible by Shasta Ventures. Other participants in the round were Founder Collective, RRE Ventures, and Slow Ventures. The …
Walmart Testing 2-Day Shipping Service
A notable change is being made by Walmart to ShippingPass. The company will move the three-day delivery service to a two-day delivery, in order to compete with Amazon’s own shipping …
PAL Refunded on Jet Fuel Taxes
The Court of Tax Appeals granted Philippine Airlines, Inc. a refund of P88.54-million in taxes. This is for the importation of Jet A-1 aviation fuel for 2005’s second quarter. The …
Baring Asia to Acquire Stake in Telus International
Baring Private Equity Asia is set to acquire a minority stake in the global arm of Canadian telecommunications giant Telus Corp. In a statement, a deal where Baring Asia had …
SeaDrone Simplifies Inspecting and Exploring Underwater
The SeaDrone is the latest drone variant to bring something new to the table. This time, it allows for the simplicity of multi-rotor airborne drones to underwater applications. According to …
Ritual Aiming to Reinvent the Vitamin
Ritual has come up with a beaded oil capsule vitamin for sustain release, made from the world’s best ingredients, or so the company claims. The company very recently launched onstage …