Market rebounds but remains cautious amid global uncertainty
The Philippine Stock Exchange index (PSEi) ended May at 6,341, marking a 9 percent rebound from its 7 April low but still registering a 3 percent decline year-to-date, the securities unit of the Bank of the Philippine Islands said in a research note Thursday.
ASEAN+ leads in hybrid AI infrastructure adoption, Lenovo study finds
The ASEAN+ markets are outpacing Asia Pacific (AP) peers in hybrid infrastructure adoption for AI workloads, with 68 percent of organizations favoring on-premise or hybrid setups, according to Lenovo’s latest CIO Playbook 2025: It’s Time for AI-nomics, developed in partnership with IDC. The uptake, the study finds, reflects the region’s drive for secure, low-latency AI operations, particularly in fast-digitizing economies like the Philippines.
Connectivity bill may repeat POGO Law mistakes – PCTO
The Philippine Chamber of Telecommunications Operators (PCTO), representing the country’s top telcos, has urged Malacañang to closely review the recently ratified Konektadong Pinoy Act before presidential approval, citing serious concerns over national security, regulatory imbalance, and long-term industry stability.
Disney, Universal sue AI-powered image generator for copyright infringement
Disney and Universal have filed a joint lawsuit against AI-powered imaged generator Midjourney, accusing it of mass copyright infringement for allowing users to generate images resembling characters from Star Wars, Shrek, The Simpsons, and Minions without authorization.
Alas Pilipinas wins vs New Zealand
Alas Pilipinas, the Philippines’ national women’s volleyball team, took its frustration on New Zealand, dismissing the Volley Fens in three straight sets as competitions resumed Wednesday at the 2025 AVC women’s Volleyball Nations Cup in Hanoi, Vietnam.
