Zed raises $16.5 million from funding round led by Accel

CREDIT CARD issuer Zed Financial PH, Inc. has raised $16.5 million in funding from a Series A round led by Silicon Valley-based venture capital...

FTC appeals ruling in Meta antitrust case over Instagram, WhatsApp acquisition

THE US Federal Trade Commission (FTC) is seeking to revive its case accusing Facebook parent company Meta Platforms of bolstering an illegal monopoly by...

Company that called demise of CD-ROMs is moving away from LCDs

Back in 2004, when selling CD-ROMs was still a lucrative business, BenQ Materials Corp. thought it was time to get out. In the years...

Girls avoid internet due to abuse and bias, report warns

Deeply entrenched gender norms, biases, and perceptions are affecting the ability of girls and young women to use the internet, influencing their online activity...

Social audio app Clubhouse is no longer invite-only

Live audio app Clubhouse has removed its invite system so that anyone can join the platform, it said on Wednesday. 

Banks to enter the metaverse

CUSTOMERS expect instant gratification from services, be it in finance or other sectors. Because service delivery mechanisms are changing, finance is moving towards a 24/7 model, and the metaverse is going be a part of it, said an expert at IBM’s “The Future of Finance” forum.

Xiaomi launches new flagship phones, wearables

XIAOMI this week launched new flagship Xiaomi 12 Series mobile phones with improved processing power, videography and entertainment features, as well as a new smartwatches and earbuds.

Philippine fintech industry’s growth limited by infrastructure gaps — report

THE PHILIPPINES’ financial technology (fintech) ecosystem’s growth is constrained by the lack of supporting infrastructure despite robust demand for digital transactions, according to a...

Bataan pushes the conversion of BNPP into a data center

by Almira Louise S. Martinez, Reporter Converting the Bataan Nuclear Power Plant (BNPP) into a data center could benefit the nation, the province’s governor said...

Microsoft relaxes data center grip on OpenAI amid $500 bln joint venture

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with...

Bots dominate Twitter chatter — study

WASHINGTON -- Automated accounts or “bots” play a big role in disseminating information on Twitter, accounting for two-thirds of tweets linking to popular websites,...

Twitter investors look past warning of slower user growth, eye rising ad sales

TWITTER, INC. on Tuesday beat Wall Street targets for quarterly sales and profit and followed its social media peers to forecast a strong start to 2021 as ad spending rebounds from a rock bottom.
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