MA. LISBET K. ESMAEL

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Growing consumer appetite for smartphones with high-end cameras is not a threat to the camera industry, a top executive of global digital imaging solutions brand Canon said. Kazuhiro Ozawa, president and chief executive officer of Canon Marketing Philippines Inc., told The Manila Times that Canon is not worried with the…

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NASDAQ-LISTED cloud delivery platform Akamai Technologies, Inc. said it has agreed to acquire enterprise security firm Nominum to strengthen its solution portfolio and expand its market reach. Akamai did not disclose the value of the deal, but said the acquisition is expected to close later this quarter. “We believe this…

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AYALA-LED Globe Telecom Inc. said it was in talks with fast food giants Jollibee Foods Corp. (JFC) and McDonald’s on the possible roll out of e-payment services. Ernest Cu, Globe chief executive officer and president, told reporters in a chance interview last week that the company was looking at providing…

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GLOBE Telecom users on Monday morning experienced intermittent interruptions due to emergency operations undertaken by the telecommunications provider. Yoly Crisanto, Globe senior vice president for Corporate Communications, said emergency operations on their data servers interrupted communication services. “[They] may cause our prepaid and postpaid customers to experience intermittent voice, SMS…

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REAL estate digital services provider Bancrea Homes is optimistic of generating P1 billion sales before the end of the year following the launch of an online platform targeted at the mass-housing market, a top executive said on Monday. Roy Buen, founder and chief executive officer of Bancrea Homes, told The…

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BROADCAST firm TV5 Network Inc. is upbeat on turning a profit by 2019 as it continues efforts to control operating expenses and narrow losses. TV5 President Vincent “Chot” Reyes, who is also head coach of the national men’s basketball team, said: “We are looking at 66 percent improvement in our…

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TELECOMMUNICATIONS and digital services provider PLDT urged its Sun customers to upgrade to long term evolution (LTE) SIMs as it announced the availability of the technology for subscribers nationwide. In a statement, PLDT said Sun prepaid customers can switch their SIMs to LTE this October while postpaid users can visit…

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ARTIFICIAL intelligence (AI) is not fully realized yet to be seen as a threat to jobs, the founder of a Manila-based outsourcing company said recently. Itamar Gero, founder and chief executive officer of TrueLogic Online Solutions, told reporters in a chance interview that AI technology was “still not what they…

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A system that will allow lenders to evaluate an individual’s creditworthiness will soon be available in the Philippines, a US-based analytics company said. In a statement issued late on Thursday, FICO announced that it had partnered with Consumer Creditscore Philippines (CCS) for the system which it said would facilitate lending…

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TV5 Network Inc. is taking another stab at raising its market position by partnering with US-based sports media conglomerate ESPN. TV5 President Vincent “Chot” Reyes, who is also head coach of the national men’s basketball team, said the network was rebranding its homegrown Sports 5 channel to ESPN 5. “I…

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