The pact includes a plan for Intel and Nvidia to jointly develop PC and data centre chips that will be faster than regular ones, something highly sought after in the rise of AI. Stake makes Nvidia one of Intel’s biggest shareholders, after U.S. government acquired 10% earlier this year. Nvidia …
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PLDT Global ties up with Japan’s BBIX for customers around the world
CONNECTIVITY. A representation of PLDT Global Corporation’s services. The PLDT Global announced on Wednesday (Sept. 17, 205) its partnership with Japan-based internet exchange provider BBIX Inc. (Photo courtesy of PLDT Global) MANILA – Customers of PLDT Global Corporation may now access services of Japan’s major internet exchange (IX) provider, BBIX Inc., after the …
Read More »Treasury expects over $2 billion from inclusion in JPMorgan bond index
The Bureau of the Treasury expects that the Philippines’ potential inclusion in JPMorgan Chase & Co.’s emerging market government bond index will attract billions in new foreign investment, further integrating the country into global financial markets.National Treasurer Sharon P. Almanza told Manila Bulletin on Tuesday, Sept. 16 that the Philippines …
Read More »Alphabet enters $3 trillion market cap club
GOOGLE parent Alphabet hit a market capitalization of $3 trillion for the first time on Monday, riding on renewed optimism around artificial intelligence (AI) and a favorable antitrust ruling. Class A shares of the company were up 3.8 percent at $250, while Class C shares climbed 3.7 percent to $250.4 …
Read More »Mobile malware infections in Philippines exceed global average
In an interview with The STAR, Appdome mobile app security evangelist Jan Sysmans said the Philippines’ mobile-first economy has made it a prime target for cybercriminals exploiting the rapid shift to online banking and digital wallets. (Pixabay) MANILA, Philippines — Malware infection among Filipino mobile users has reached 16 percent, …
Read More »Air Canada flight attendants’ union asks to cancel mediation process, sending wage issue to arbitration
The union representing Air Canada’s flight attendants requested a cancellation of mediation after members voted against a wage agreement earlier this month, a spokesperson said on Tuesday. Major disruptions last month when airline cancelled flights in anticipation of strike. The union representing Air Canada’s flight attendants requested a cancellation of …
Read More »EU business lobby head says China rare earths snag persists
European Union chief Ursula von der Leyen said in July that leaders had agreed to an improved mechanism for Chinese exports of rare earth minerals to the bloc © THIERRY CHARLIER / AFP/File BEIJING — European firms still face challenges in securing access to crucial rare earths from China, a business lobby …
Read More »Asian stocks swing as traders bide time ahead of US rate decision
All eyes are on the Federal Reserve’s policy decision, with expectations high that it will cut interest rates © Andrew Harnik / GETTY IMAGES NORTH AMERICA/AFP HONG KONG, China — Asian stock markets were mixed as investors bided their time ahead of an expected US interest rate cut on Wednesday. Traders took …
Read More »Joly says Teck, Anglo CEOs will have to convince her merger is in national interest
The deal is subject to review under the Investment Canada Act, which can be used to block deals deemed against the national interest, including Canada’s economic security. CEOs have promised new company would be headquartered in Vancouver. Industry Minister Mélanie Joly says Ottawa would want to see longer-term commitments to …
Read More »Government lays out next steps in probe of unpaid work in airline industry
The federal government has outlined the next steps it will take in its investigation into unpaid work in the airline industry, saying it will consult with both employees and employers and hold two roundtable discussions with stakeholders. Jobs minister hopes to have investigation wrapped up by the end of the …
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