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PAGASA announces start of Amihan season
Filipinos can expect to experience cooler days ahead as the PAGASA announces the start of the Amihan season......»»
Sony Announces PlayStation 5 Slim Ahead of the Holiday Season
Sony announced the new PlayStation 5, a more slim and modular iteration of their flagship gaming console that is set to release in November. SIE Content Communications Senior Director Sid Shuman made the announcement on the PlayStation Blog, which highlighted the new features to be expected of the new PlayStation 5 iteration. “The same technology […].....»»
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......»»
Bayer announces 2.5-billion-euro writedown over herbicide glyphosate
German chemicals giant Bayer said Monday it would take a huge 2.5-billion-euro ($2.8 billion) writedown on the potentially carcinogenic herbicide glyphosate. It warned that the writedown would push it into a 2.0-billion-euro net loss for the second quarter, and lowered its annual outlook. In a statement ahead of its formal results statement to be released next month, Bayer said the past few months had seen further price declines and destocking, especially for glyphosate-based products, plus adverse weather conditions. "Based on the anticipated market development, in particular with respect to the glyphosate business, Bayer also expects to record a goodwill impairment of approximately 2.5 billion euros," it said. A goodwill impairment is a reduction in what the company values its assets at and it impacts the company's current earnings. "This will result in negative Group net income of approximately 2 billion euros for the second quarter of 2023," it said. The European Food Safety Authority said earlier this month it had not found "any critical areas of concern" preventing the controversial and widely used herbicide glyphosate from being reauthorized for use in the EU. Environmental groups lashed out at the announcement, saying there was scientific evidence that glyphosate may cause cancer, poison aquatic life, and can be fatal to key pollinators like bees. The substance has been deemed a "probable" carcinogen by the International Agency for Research on Cancer. Bayer also said it expects second-quarter operating earnings to drop by a quarter to 2.5 billion euros, with sales dropping by 14 percent to 12.8 billion. Bayer will release its detailed results for the second quarter on August 8. For the entire year, Bayer now anticipates sales to decline to between 48.5 billion and 49.5 billion euros on a currency-adjusted basis. Previously it had expected modest sales growth to between 51 billion to 52 billion euros from 50.7 billion in 2022 sales. It now sees operating profits falling to between 11.3 billion and 11.8 billion euros in 2023. This is down from its previous forecast of 12.5 billion to 13.0 billion euros, and the 13.5 billion euros in operating profits posted last year. The post Bayer announces 2.5-billion-euro writedown over herbicide glyphosate appeared first on Daily Tribune......»»
Comelec announces dates for voter registration, plebiscite, special polls
The Commission on Elections said it will reopen its voter registration services beginning December 12, ahead of the Barangay and Sangguniang Kabataan elections to be held in October 2023, on top of other dates for the Bulacan plebiscite and Cavite special elections......»»
PLDT& rsquo;s aviation unit announces rebranding amid recovery hopes
Pacific Global One Aviation, the aviation arm of PLDT Inc., is embarking on a major rebranding ahead of the anticipated global air charter business take-off in the next three years......»»
It s Showtime hosts to play in Family Feud
The hosts of the Kapamilya noontime show "It's Showtime" will make a guest appearance on the Kapuso game show "Family Feud," hosted by Dingdong Dantes......»»
Philippines announces decisive measures amid tensions with China
Manila [Philippines], March 28 (ANI): Amid the escalating tensions in the South China Sea, Philippine President Ferdinand R Marcos Jr has announced decisive measures to protect his country's sovereignty and maritime rights while ensuring peace and stability in the Indo-Pacific. Marcos, known as Bongbong, said that the measures, aimed at addressing what he said is the "open, unabating, and illegal" actions by China's Coast.....»»
Survey shows Cha-cha still unpopular with Filipinos — Senate leaders
Senate President Juan Miguel Zubiri said that the findings of the survey by private pollster Pulse Asia, which was released on Wednesday, show that Charter change is an "unpopular move.".....»»
Marian Rivera takes on projects that her children can watch
With her upcoming primetime show, “My Guardian Alien,” Marian Rivera has added sci-fi to the growing array of genres — from drama, fantasy, romance, and action to historical and comedy — that the Kapuso actress has successfully ventured into thus far......»»
Phl at the crossroads
As we all take a break this Holy Week, some of us will pause and ponder on our own individual journeys and think about what lies ahead......»»
UAAP volleyball enters break amid wide-open semis race
It’s the calm before the storm as teams embark on a much-needed pause ahead of an expected all-out race to the UAAP Season 86 volleyball tournaments Final Four......»»
Paolo Contis happy for It s Showtime, open to guest in new GMA noontime show
Kapuso actor Paolo Contis is glad that ABS-CBN noontime show "It's Showtime" found a new home in GMA. .....»»
Will Smith, Vanessa Hudgens back in Bad Boys 4, trailer drops
Will Smith and Martin Lawrence are back for another round as Mike Lowrey and Marcus Burnett following the dropped trailer for a fourth "Bad Boys" movie, officially titled "Bad Boys: Ride or Die.".....»»
K-pop group Unis releases debut mini-album, Superwoman MV
After surviving the reality show "Universe Ticket," the eight-member K-pop group Unis, with Filipino members Gehlee and Elisia and Filipino-Korean Jin Hyeonju, launched its mini-album......»»
Sheryl na-starstruck kay Ate Guy; Martin may pa-Tortang Talong!
HINDI napigilan ng Kapuso actress at singer na si Sheryl Cruz ang magpaka-fan girl nang makita up close and personal ang Superstar na si Nora Aunor. Inamin ng seasoned actress na na-starstruck siya nang makasama ang National Artist sa taping ng GMA afternoon series na “Lilet Matias, Attorney-At-Law.” Baka Bet Mo: Ellen hinamon ng netizens.....»»
Direk Zig Dulay continues to explore Fantasy Worlds
After helming the hit show “Maria Clara at Ibarra” and film “Firefly,” Zig Dulay is in charge of the mise-en-scéne of the GMA teleserye “My Guardian Angel.”.....»»
EAM Jaishankar, Singapore PM exchange views on deepening engagement in fintech, digitalization, green economy
New Delhi [India], March 26 (ANI): External Affairs Minister S Jaishankar and Singapore Prime Minister Lee Hsien Loong exchanged views on deepening engagement in fintech, digitalization, the green economy, skills development and food security. EAM Jaishankar concluded his visit to Singapore on March 25. He was on an official visit to Singapore from March 23-25, the first leg of his visit to Singapore, Philippines and Mala.....»»
Filinvest Invests P16B in Ciudad BTO Project
The development of Ciudad will finally be realized after the Province of Cebu turned over Friday a parcel of the property to homegrown developer Filinvest Land, Inc. (FLI) through a build-transfer-operate (BTO) engagement. Cebu Gov. Gwendolyn Garcia and Tristan Las Marias, FLI president and CEO, formally kicked off the project in simple ceremonies onsite on […].....»»
Team Vice, Team Anne bardagulan sa Family Feud; bakit wala si Karylle?
TULOY na tuloy na ang bakbakan ng mga “It’s Showtime” hosts sa Kapuso game show na “Family Feud” hosted by Dingdong Dantes. Nakapag-taping na last Saturday ang mga taga-“Showtime” sa naturang programa kung saan hinati sila sa dalawang grupo — ang Team Vice Ganda at Team Anne Curtis. Ka-join sa Team Vice sina Jhong Hilario,.....»»