LONDON: A row between pharmaceutical firms Moderna and Pfizer/BioNTech comes to court in London on Tuesday over patents for Covid vaccine technology that helped save millions of lives during the pandemic. At issue is US firm Moderna's claim that its American competitor Pfizer and its German partner BioNTech breached patent …
Read More »Tesla’s Q1 net income down 55% year over year
Tesla's first-quarter net income plummeted 55 per cent, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate the production of new, more affordable vehicles. Company signals it will start making smaller, cheaper models, earlier than forecast Tesla's first-quarter net income plummeted 55 per …
Read More »Willie Revillame — will he or won’t he run for office?
AT least three TV hosts are believed to be chasing their senatorial dream come the mid-term elections next year. Of the three, confirmed as of January this year is Willie Revillame. The former “Wowowin” host made the announcement himself at the prayer rally on January 28 dubbed as Hakbang sa …
Read More »Elon Musk’s X, Australia government clash over order to take down church stabbing video
Elon Musk lashed out at Australia's prime minister on Tuesday after a court ordered his social media company X to take down footage of an alleged terrorist attack in Sydney, and said the ruling meant any country could control "the entire internet." Musk asks: 'Does the PM think he should …
Read More »Starbucks takes on the federal labor agency before the US Supreme Court
AFTER Starbucks fired seven workers who were trying to unionize their Tennessee store, a US government agency obtained a court order forcing the company to rehire them. Now, Starbucks wants the Supreme Court to curb the government's power in such cases. On Tuesday, justices are scheduled to hear Starbucks' case …
Read More »Dog whistle
“ China claims neutrality in the Ukraine war, yet its support of Russia raises serious questions. China’s hosting of the Western Pacific Naval Symposium presents a scene of bewildering dissonance, with senior officials like Vice Chairman Zhang Youxia serenading the world with soothing melodies of “friendly consultation” and “maritime peace.” …
Read More »Creative industry stakeholders push for online site blocking bill to curb digital piracy
Several stakeholders in the creative industry were unanimous in their position to have the 27-year-old Intellectual Property Code revised to make room for provisions that would address the prevalence of online piracy by blocking unauthorized downloading or streaming of internet contents. During a consultative discussion with Senator Mark Villar over …
Read More »Remove non-tariff barriers
Rep. Joey Sarte Salceda Palace order expected to bring down food prices Food prices will soon be cheaper under Administrative Order 20 (signed by Executive Secretary Lucas Bersamin on April 18), ordering the Department of Agriculture, in coordination with the Departments of Trade and Industry and Finance, to remove non-tariff …
Read More »UP-Diliman renames marine science building
This undated photo shows the Oblation statue in the University of the Philippines campus in Diliman, Quezon City. (The STAR / File) MANILA, Philippines — The University of the Philippines has renamed the UP Diliman Marine Science Institute (MSI)’s building as the Edgardo D. Gomez Hall, after the national scientist …
Read More »DOF: Slow digitalization to result in tax losses amid e-commerce boom
The Department of Finance (DOF) has warned that the government’s slow implementation of digitalization amid the rapid growth of e-commerce could result in significant revenue loss. In a statement, the DOF said that Finance Secretary Ralph G. Recto is now seeking additional funding from the Asian Development Bank (ADB) to …
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