The Philippines' intellectual property rulebook was written when dial-up internet was still a novelty. Nearly three decades later, regulators say the law is showing its age.
GCash will complete its transition from SMS-based one-time passwords (OTPs) to in-app authentication by June 22, marking a major cybersecurity upgrade aimed at protecting millions of users from phishing attacks and online fraud.
PLDT Inc. has entered into a share purchase agreement with Paragon Vertical Corp. to buy its 65.1 percent stake in Radius Telecoms Inc. This covers over 4.6 million common shares plus related beneficial holdings. Once the transaction closes, following required approvals from the Philippine Competition Commission and the National Telecommunications Commission, PLDT will hold 100 percent of Radius. The company said the move will not negatively impact its existing business, finances, or operations.
The Philippines is expanding its technology-driven emergency response network with the activation of four new Satellite Command Centers (SCCs), strengthening the reach and resilience of the Unified 911 Emergency Response System.
Globe Telecom Inc. is accelerating the expansion of its fiber infrastructure to keep up with rising demand for high-speed internet, a move it sees as key to its long-term growth.