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Alibaba announces surprise departure of ex-CEO
Chinese e-commerce giant Alibaba has announced the surprise departure of former CEO Daniel Zhang, who had been set Monday to take charge of a key subsidiary as the firm undergoes a major restructuring. Hangzhou-based Alibaba is one of China's most prominent technology firms, with business operations spanning cloud computing, e-commerce, logistics, media and entertainment, and artificial intelligence. After years of turbulence in the Chinese tech sector, Alibaba in March announced the biggest restructuring in its history, dividing itself into six entities, with the goal of listing them on the stock exchange separately. CEO Daniel Zhang was due to take charge of the firm's new cloud computing branch, now a separate entity, on Monday. But two months after announcing his appointment, Alibaba said its ex-boss was no longer with the company. "The board of our Company expresses its deepest appreciation to Mr. Zhang for his contributions to Alibaba Group over the past 16 years," the company said in a statement to the Hong Kong Stock Exchange, where it is listed, late on Sunday. It gave no reason for his departure. Plans for a spin-off cloud computing firm would go ahead, Alibaba said, "under a separate management team to be appointed". The company announced in June that Zhang would be replaced by Joseph Tsai as chairman and Eddie Wu as CEO. The executive played a vital role in the company's success in the past decade, spearheading the now hugely popular Singles' Day shopping festival since its first edition in 2009. Shares in the firm sank nearly 3.5 percent Monday -- the first working day of its new reorganization into six distinct branches. In addition to e-commerce and cloud computing, Alibaba's reach stretches into everything from logistics to media, entertainment and artificial intelligence. But its vast size brought it into the crosshairs of Chinese regulators as Beijing sought to crack down on the tech sector. In 2020, Alibaba became the country's first tech giant to bear the brunt of increased oversight, when authorities called off what would have become one of the most valuable public listings in history -- valued at $34 billion -- for its former subsidiary Ant Group. Ant Group is the owner of Alipay, a mobile payment application widely used in China. One month after officials hit the brakes on its IPO, Alibaba was investigated for alleged anti-competitive practices, then issued a $2.8 billion fine. And in July authorities fined Ant Group nearly $1 billion for breaching banking regulations. The post Alibaba announces surprise departure of ex-CEO appeared first on Daily Tribune......»»
‘Art you can carry’
This is what homegrown brand FINO Leatherware calls its first collaborative artist-led project featuring the works of Kara Pangilinan. [gallery columns="2" size="full" ids="172271,172272"] Kara Pangilinan at work. [gallery columns="2" size="full" ids="172270,172273"] FINO Leatherware has always grounded its brand philosophy on Filipino artistry. FINO x KARA is a one-off collection of bags that features the artist’s hand paintings, dated and signed, and accompanied by a certificate of authentication. The 30-piece series is an ode to heritage with Pangilinan expressing the themes of local flora and fauna alongside the Filipina’s evolved identity. Slender palm fronds, gumamela and sampaguita flowers emerge from the bags’ panels, the leather’s varying colors from bright red to pastel hues setting off Pangilinan’s black and white strokes. The artist’s portraits of womenin traditional garb bridge generations, with one in particular revealing the gaze of a strong, modern Filipina. Since its founding back in 1992, FINO Leatherware has always grounded its brand philosophy on Filipino artistry, from the craftsmen to the creatives who’ve conceptualized collections. Its most recent campaigns paid tribute to Filipino culture, to include a wrist purse called Sipa, which is inspired by a local game, the Vinta bags and clutches that evoke the sailing tradition of Mindanao, and the Puso bags which takes its shape from a staple of Cebu’s street food — rice wrapped in banana leaves. Pangilinan was a student of architecture at the University of the Philippines when she began to try her hand at art. After earning her degree, she worked in an architectural firm for a few months before deciding on becoming a full-time artist. Murals and commercial works for brands such as Heineken, Globe and YouTube defined the early phase of Pangilinan’s journey. Simultaneously, she was developing a more personal practice, exploring various thematic concepts and her favored medium at that time, ink on paper. In the years that followed, Pangilinan diversified into acrylic painting to exploit the full color spectrum of the medium. For her collaboration with FINO, however, the artist returns to the palette that has defined the early phase of her career. The collection is introduced by none other than Miss Philippines Universe 2020 first runner-up Bella Ysmael, who epitomizes FINO’s ideal Filipina. She graces the FINO x KARA campaign which announces the release of the collection, available by the end of September in FINO’s flagship store in Rockwell’s Power Plant Mall. [gallery columns="2" size="full" ids="172279,172280"] “Having Bella on board was important for us,” says FINO co-founder Rose Ann Bautista. “We wanted the right woman to represent not just the new collection, but our new direction as well.” The post ‘Art you can carry’ appeared first on Daily Tribune......»»
Julia Morley announces 71st Miss World venue
Just like its 2020 season, the Miss World Organization (MWO) totally scrapped its 2022 pageant. What was supposed to be held in the UAE last May did not materialize as announced, nor was there a specific reason given for cancelling the show......»»
Miss Universe 2020 announces panel of all-female judges
The all-female panel of judges is composed of an eclectic set of empowered and successful women in their different fields of endeavor......»»
ACER announces APAC Predator League 2020/21 on April 6 to 11
Acer announced the Asia Pacific (APAC) Predator League 2020/21 will be held from April 6-11, 2021. .....»»
Shopee continues to nurture tech talent, prepares workforces for future with return of Shopee Code League
Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, announces the return of Shopee Code League, the largest online code league in Southeast Asia and Taiwan. Launched in 2020, Shopee Code League is part of Shopee’s ongoing efforts to nurture tech talents, empower communities, and upskill workforces for the future economy......»»
LG announces highest 4Q sales, operating profit
LG Electronics Inc. announced a strong year with 2020 revenues of KRW 63.26 trillion ($56.45 billion) and record-setting operating profit of KRW 3.20 trillion ($2.85 billion), an increase of 31.1 percent over 2019, driven primarily by higher sales of premium home appliances and OLED TVs as well as strong growth in vehicle component solutions......»»
Netflix announces record audiences for December, Christmas 2020
Netflix said Monday (Jan 4) that viewership reached record highs in December and Christmas Week in 2020, at the end of an epidemic that saw.....»»
vivo announces Picture of the Year, winning creations in vivo VISION+ Mobile Photography Awards 2020
vivo has announced the Picture of the Year and named winning creations in the vivo VISION+ Mobile Photography Awards 2020, with participant photographers worldwide conveying outstanding joy images through their mobile lens......»»
Microsoft Announces 2020 Philippines Partner Awards Winners
Last week, Microsoft Philippines held its 2020 Partner Awards, as part of a global circuit that recognizes Microsoft’s partners for their outstanding, innovative efforts to positively impact customers every year......»»
PIDS announces line-up of webinars for November
QUEZON CITY, Oct. 28 (PIA) - The Philippine Institute for Development Studies (PIDS) released yesterday, October 27 the schedule of its upcoming virtual forums for the month of November 2020......»»
Guerrilla Filmathon announces 'screen life' edition
DAVAO CITY, Oct. 22 (PIA)- One of the most challenging and exciting filmmaking competitions will be holding its newest edition this coming Oct. 31 to Nov. 1, 2020.The Guerrilla Filmathon is.....»»
Centro Escolar University announces virtual Annual Stockholders’ Meeting
Centro Escolar University announced that its 2020 Annual Stockholders’ Meeting shall be held online on October 30, 2020 via remote communication over the Zoom platform. In light of current public health concerns, stockholders may participate only by remote communication, and vote electronically in absentia/proxy. Interested stockholders must first register at www.ceu.edu.ph......»»
Digital Esports Platform KALARO launches in October
The-AsiaGroup.com Inc. officially announces the launch of Kalaro on October 12, 2020. It will be Asia's first fully-integrated end-to-end Esports digital platform made in the Philippines by an internationally-experienced team of Filipino tech-experts......»»
Macay Holdings Inc Announces Stockholders’ Meeting
To all stockholders: NOTICE IS HEREBY GIVEN that the 2020 Annual Stockholders’Meeting (“ASM”) of MACAY HOLDINGS, INC. (“Macay” or the “Company”) will be held on Wednesday, September 30, 2020, 2:00 p.m. to be conducted virtually from Makati City due to the Covid-19 pandemic situation to discuss the following agenda: AGENDA (1) Call to Order (2) […].....»»
iDenfy & TalentClouds Are Collaborating to Make The On-boarding Process Straightforward for Employers
iDenfy and TalentClouds are working together to provide employers and employees with a smooth experience when onboarding. iDenfy will offer TalentClouds an advanced identity verification solution to help their clients verify job seekers remotely. Kaunas, Lithuania (August 20, 2020) – iDenfy, a well-known identity verification company based in Lithuania announces partnership with TalentClouds, a […] The post iDenfy & TalentClouds Are Collaborating to Make The On-boarding Process Straightforward for Employers appeared first on Kagay An......»»
Vulcan Industrial & Mining Corporation Announces Stockholders’ Meeting
TO ALL VIMC STOCKHOLDERS: The Annual Stockholders’ Meeting of Vulcan Industrial & Mining Corporation will be held on Wednesday, September 30, 2020, at 3:00 in the afternoon via remote communication, with the following agenda: 1. Call to Order 2. Proof of Notice and Certification of Quorum 3. Approval of the Previous Minutes of the Annual […].....»»
TaskUS Announces WFH Until End of 2020
Tech-enabled BPO Company TaskUs announced that they are the first BPO to let their employees work-from-home (WFH) until the end of the year due to the coronavirus disease 2019 (COVID-19) pandemic scare. The move shows TaskUs that the safety of their people is the utmost priority. In today’s new normal, a lot of companies, especially […].....»»
Fil-Am MMA fighter Mark Striegl officially announces UFC signing
It's official. The Philippines will once again be represented inside the UFC Octagon after the signing of Filipino-American MMA fighter Mark "Mugen" Streigl. A day after reports surfaced that Striegl was UFC-bound, he himself confirmed the news on his Instagram account. View this post on Instagram Today I signed with the @ufc! A dream come true. I will be fighting on August 22nd in Las Vegas. Thank you @rubyse! Let’s go! ?????????????? A post shared by Mark "Mugen" Striegl (@markmugen) on Aug 12, 2020 at 11:36pm PDT "Today I signed with the UFC! A dream come true. I will be fighting on August 22nd in Las Vegas," Striegl announced. The 32-year old Baguio-born Striegl, who had stints with PXC, ONE Championship, and was the URCC's Featherweight Champion, is reportedly set to face fellow newcomer Timur Valiev of Russia on the undercard of UFC Fight Night: Munhoz vs. Edgar at the UFC Apex in Las Vegas, Nevada on August 22nd (August 23rd in Manila). .....»»
Conor McGregor announces engagement to long-time partner Dee Devlin
Irish mixed martial arts superstar "The Notorious" Conor McGregor is in the news once again after revealing his engagement to long-time partner Dee Devlin. View this post on Instagram What a birthday, my future wife ! A post shared by Conor McGregor Official (@thenotoriousmma) on Aug 8, 2020 at 7:43am PDT McGregor posted a photo of Dee showing off a massive engagement ring on his Instagram account, with the caption "What a birthday, my future wife!" McGregor, who turned 32 earlier this year, and Devlin, 33, have been together sinc 2008, and have two kids together. 2020 has been quite the year for McGregor, who made his return to the Octagon in January, blasting veteran Donald Cerrone in just 40 seconds. Later in the year, amid the COVID-19 pandemic, McGregor surprised everyone by annoucing his retirement from competition. He doesn't appear to be closing the door on possible boxing superfights however, as he's been teasing a bout with eight-division boxing world champion and Filipino icon Manny Pacquiao over the past few weeks. .....»»