Business Tag Archive

Yahoo! to be renamed as Altaba Inc., after the Verizon acquisition

In a SEC filing, Verizon is moving forward with the $4.8 billion acquisition of Yahoo! which will later be integrated with AOL, a company that Verizon acquired for $4.4 billion on...

Honda, Alphabet’s Waymo in talks over self-driving technology

Alexandria Sage, reporting for Reuters; Honda Motor Co said on Wednesday it had entered into formal talks with Alphabet Inc’s new self-driving division Waymo to add...

Apple may participate in $100 billion SoftBank fund

Katie Roof, reporting for TechCrunch; Apple is considering investing up to $1 billion in the SoftBank Vision Fund, according to a report from The Wall Street Journal. With a...

Rocket Internet sells Foodpanda

Osman Husain, writing for Tech in Asia; German startup juggernaut Rocket Internet announced today it’s selling off the entire global operations of Foodpanda to rival firm...

PLDT allocates P6.7B for undersea cable to US

Miguel R. Camus, reporting for Philippine Daily Inquirer; Telco giant PLDT Inc. is setting aside $136 million (P6.7 billion) to complete a new undersea cable to the United States...

AWS announces virtual private servers starting at $5 a month

Ron Miller, reporting for TechCrunch; AWS fired a shot across Digital Ocean’s bow this morning at the AWS re:Invent conference when it announced new virtual private servers...

Grab enters strategic partnership with Tokyo Century, that is great for its Divers

Grab, the leading ride-sharing company in Southeast Asia just announce that it has entered a strategic partnership with Tokyo Century, and at the same time signed a memorandum of...

Jungle Ventures raises $100m fund for Southeast Asia and beyond

Michael Tegos, reporting for Tech in Asia; Singapore-based venture capital firm Jungle Ventures announced today it has completed fundraising for its second fund, achieving its...

Duterte wants to open PHL telecoms, airwaves, energy sectors

I think there is no need for Pres. Duterte to retract what he said about forgetting his statement, since competition will promote improved services at low price. ...

Xurpas surpasses ₱1-Billion in revenues, a 19% increase for first 9-mos of 2016

A unicorn is a tech/start-up company valued at over $1 billion, and Xurpas could may very well be the first Philippine Tech company to be considered as a unicorn. they’re...

Facebook scores big in Q3 earnings: $7.01B revenue and 1.79B users

Josh Constine, writing for TechCrunch; Facebook had a wildly successful Q3, earning $7.01 billion in revenue and $1.09 EPS. That’s off of from 1.79 billion monthly users, up 16%...

PornHub offers to acquire Vine

Eric Mack, writing for Cnet; In a letter from Pornhub VP Corey Price to Twitter CEO Jack Dorsey that was shared with CNET, Price lays out the rationale: “We figure since...

Upstart: The Board Game

Planning to found your own startup or start a business? Then you may want to checkout and also support “Upstart: The Board Game”. Upstart is a board game that...

Facebook tried to buy Asian Snapchat clone Snow

Jon Russell, reporting for TechCrunch; Here’s fuel to the fire for those who believe that Facebook will buy anything that looks, smells or moves like Snapchat. The U.S. social...

Toyota invests in U.S. car-sharing service

Naomi Tajitsu, reporting for Reuters; Toyota Motor Corp on Friday said it has invested in U.S. car-sharing company Getaround, a move that comes as global automakers seek to shore...