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Meta to lay off employees in metaverse silicon unit on Wednesday

Corporate Reuters Reuters -
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

Transport & Logistics Reuters Reuters -
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

Agriculture Reuters Reuters -
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

Banking & Insurance Reuters Reuters -
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

Communications & Technology Reuters Reuters -
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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Lazada deepens MSME drive via digital skills partnership

Markets 0
Lazada Philippines is stepping up its support for micro, small and medium enterprises (MSMEs), expanding partnerships with government agencies and relaunching its LazGrow Together program to help more Filipino entrepreneurs compete in the country's fast-growing digital economy.

EvoEnergi signs first residential aggregation groups in QC, San Juan; also supplies McDonald’s Luzon stores

Energy & Mining 0
Local retail electricity provider EvoEnergi has become the supplier for the Philippines’ first two residential groups under the Energy Regulatory Commission’s (ERC) Retail Competition and Open Access (RCOA) program.

Philippine-built vessel strengthens shipbuilding, registry push Heavy Industries

Transport & Logistics 0
The delivery of the locally built M/V Serene Grace is expected to bolster confidence in the Philippines' shipbuilding industry and encourage more vessel owners to register under the Philippine flag, supporting the government's drive to expand the country's maritime industry.

ERC extends pause on GEA-All collection until August

Energy & Mining 0
The Energy Regulatory Commission (ERC) has approved extending the temporary suspension of the Green Energy Auction Allowance (GEA-All) collection for billing months July and August 2026, to help lower electricity expenses amid current economic conditions.
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