Tag: AI

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Seagate shares soar after debt deal

Shares of Seagate Technology climbed 10 percent on Wednesday after the data storage company announced a USD500 million debt exchange agreement, a move seen by investors as easing its near-term financing pressure.

AI powers Amazon profit growth

Amazon.com Inc. posted a surge in third-quarter profit, lifted by accelerating cloud demand and investment gains, even as hefty legal and restructuring costs weighed on operations.

Oracle soars on AI, multi-Cloud boom

Oracle Corp., the internationally-recognized information technology company, delivered strong fiscal first-quarter results and a bullish outlook, driven by accelerating demand for its multi-cloud infrastructure amid a global artificial intelligence (AI) boom.

Google parent Alphabet Q2 results shine amid AI and Cloud surge

Alphabet Inc., the parent company of Google, exceeded expectations with its second-quarter earnings, driven by strong performance in search, cloud, and AI.

Cisco study: AI driving urgent network overhaul globally

A global shift in enterprise network architecture is underway as artificial intelligence (AI), automation, and real-time data reshape the demands placed on corporate IT infrastructure, according to a new study released Thursday by networking giant Cisco.

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Nearly 99% back MerryMart delisting plan

MerryMart founder and chairman Injap Sia said nearly 99 percent of the retailer’s shareholders have tendered their shares under DoubleDragon Corp.’s acquisition offer, paving the way for the company’s voluntary delisting and deeper integration into the DoubleDragon Group.

Satellite internet service launched at Pasig Mega Market to boost Paleng-QR Ph Plus

A new satellite-based internet service had been launched at the Pasig Mega Market to support the expansion of Paleng-QR Ph Plus, the national digital payment initiative of the Bangko Sentral ng Pilipinas (BSP) and the Department of Information and Communications Technology (DICT).

DA testing on rice samples raise mislabeling red flag 

A Bureau of Plant Industry (BPI) monitoring exercise has...

Aboitiz brands earn spots in Brand Finance Philippines 50 2026

The Aboitiz Group has strengthened its position across key Philippine economic sectors after two of its flagship companies received recognition in the Brand Finance Philippines 50 2026 report.

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