California-based company Astranis—which is set to offer satellite-based internet connectivity in the Philippines next year—is currently preparing the
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MANILA, Philippines – Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, on Thursday said it is set to launch its new economic estate in the province of Tarlac next month, bringing the number of its industrial zones to four. The company said the establishment of the TARI Estate, which spans 200 hectares, was fueled by Central Luzon’s exceptional accessibility, ample skilled workforce, and rapidly expanding economy. “Our expansion into Tarlac reflects our confidence in Central Luzon’s potential as a premier investme ...
SAN FRANCISCO, United States -Google has agreed to settle a consumer privacy lawsuit seeking at least $5 billion in damages over allegations it tracked the data of users who thought they were browsing the internet privately. The object of the lawsuit was the “incognito” mode on Google’s Chrome browser that the plaintiffs said gave users a false sense that what they were surfing online was not being tracked by the Silicon Valley tech firm. But internal Google emails brought forward in the lawsuit demonstrated that users using incognito mod ...
MANILA -Converge ICT Solutions Inc. is spending at least $60 million to put up three data centers given the increasing demand for data storage in the advent of accelerated digitalization. Dennis Uy, the CEO and founder of the internet service provider, told reporters in Manila last week their goal of building data hubs in Pampanga, Quezon City and Cebu in the next 18 to 24 months. These will accompany existing facilities in Clark and Pasig. Each data center will be built with 600 racks, which can be expanded to 1,000. A rack houses servers, net ...
MANILA -Tycoon Manuel Pangilinan-led PLDT Inc. raised P2.8 billion from the sale of telco towers to third-party operator Frontier Tower Associates Philippines Inc., completing the first phase of a deal valued at around P12.1 billion. PLDT said in a stock exchange filing on Friday that it completed the transfer of 230 cell towers to Frontier, which is backed by US investment company KKR. A separate agreement to leaseback the towers from Frontier also became effective on Thursday. “The sale and leaseback of towers are in line with the PLDT Grou ...
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