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Meta to lay off employees in metaverse silicon unit on Wednesday

Meta is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality Labs division focused on creating custom silicon, two...

Meta floats $14 a month ad-free plan for Instagram, Facebook in EU – WSJ

Meta Platforms is exploring a plan that could make users in the European Union shell out as much as $14 to access ad-free versions of Instagram or Facebook or agree to personalized ads for the free versions, the Wall Street Journal reported on Monday.

Farmers plant more cocoa outside Africa as prices rally

Schmidt Agricola is a large agricultural company producing soybeans, corn and cotton in Bahia, Brazil, one of the country's new-frontier agricultural areas fit for large-scale, high-tech farming. It recently added a new crop to its fields: cocoa.

Japan’s Q3 business mood improves in boost to economic outlook

Japan's business sentiment improved in the three months to September, a central bank survey showed on Monday, suggesting the economy is weathering headwinds from slowing global growth for now.

Apple identifies issues causing overheating in iPhone 15

Apple on Saturday said it has identified a few issues that can cause new iPhones to run warmer than expected, including a bug in the iOS 17 software which will be fixed in an upcoming update.

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DA pushes unified govt action to protect Laguna Lake

The Department of Agriculture (DA) is calling for coordinated efforts across agencies to safeguard Laguna Lake, ensuring it supports livelihoods, food supply, water security, and flood control.

Armscor eyes new Luzon site for expansion

Local firearms and ammunition maker Armscor Global Defense Inc. is scouting locations across Luzon to expand its manufacturing operations, as its 7-hectare facility in Marikina has run out of space.

PLDT eyes REIT listing for data center unit VITRO

PLDT Inc. announced Tuesday its board approved plans to potentially list its data center assets under subsidiary VITRO Inc. as a real estate investment trust (REIT).

BSP releases new book on Philippine current account trends

The Bangko Sentral ng Pilipinas has launched Current Account Dynamics and the Philippine Economy: Developments and Prospects at its Manila headquarters.
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