Philippines Business News

Google Just Put AI in Space. It Had to Hitch a Ride on Elon Musk’s Rocket.

Google’s first orbital AI test carries four chips and runs on about as much power as a hair dryer. James Altucher points to a much bigger plan: the million-satellite fleet Musk has on file with federal regulators. Washington, D.C., Oct. 16, 2026 (GLOBE NEWSWIRE) -- Google put AI in space on October 1. It needed Elon Musk to get there. Google’s Project Suncatcher test satellite is about the size of a refrigerator. It carries four of Google’s AI chips. And it reached orbit on a SpaceX Falcon 9, sh

Trump says armed bystander who killed US school shooter a 'great hero'

US President Donald Trump on Friday praised the armed bystander who shot dead a teenage gunman at an Oregon elementary school as a "great hero," saying the situation could have been "much worse." The 16-year-old attacker killed three children and a teacher Thursday at Silver Rail Elementary School in the city of Bend. Another child and teacher were critically wounded. "As bad as it was, we had a great hero that went in and did the business," Trump told journalists, adding: "It's a terrible thing

IOC disbands 12 Olympic committees, shifts to smaller expert advisory groups

LAUSANNE, Switzerland — The International Olympic Committee is shutting down 12 permanent committees focusing on issues like human rights and gender issues, saying Friday it will instead create expert panels when needed. The streamlining and cost-cutting move leaves 19 committees in place. IOC President Kirsty Coventry, who is in her second year in the role, has already relied on appointing smaller working groups for key issues. A review in March of “protection of the female category

Brian Kesseler Named CEO of TekniPlex

Veteran industrial leader and former Tenneco CEO to lead global materials science company. Brian Kesseler, CEO, TekniPlex Brian Kesseler, CEO, TekniPlex Wayne, PA, Oct. 16, 2026 (GLOBE NEWSWIRE) -- TekniPlex, a global leader in materials science serving customers in the healthcare and consumer products markets, announced that its Board of Directors has appointed Brian Kesseler as Chief Executive Officer, effective October 13, 2026. Kesseler succeeds Brenda Chamulak, who has stepped down. Kessele

Crypto News: Remittix Confirms Its Four-Product PayFi Ecosystem Ahead of Launch as Dogecoin Price Prediction Targets $0.50 and Shiba Inu Bulls Chase $0.00005

Remittix brings PayFi, Markets, Wallet and Earn together ahead of the November RTX launch as Dogecoin and Shiba Inu traders target major memecoin recoveries. MAJURO, Marshall Islands, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Remittix has confirmed a connected four-product ecosystem built around PayFi, Remittix Markets, its mobile wallet and the forthcoming Remittix Earn service ahead of the November 24, 2026 RTX launch. The ecosystem gives Remittix several routes to attract users and generate recurring

North Korea tests AI-assisted torpedo system — KCNA

SEOUL — North Korea has tested a "new-type" precision-guided torpedo system that uses artificial intelligence for target detection and guidance, state news agency KCNA reported early Saturday. The underwater test-fire of the "super-speed" Zam-2.0 system took place on Thursday "to confirm the successful technical updating" of the weapon, the Korean Central News Agency said. "AI technology was applied to the target detection and the guidance function of the new-type super-speed precisely gui

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Interact Software named a Leader in the 2026 Gartner® Magic Quadrant™ for Intranet Packaged Solutions for the fourth consecutive year

Recognition follows the launch of Cue and Conductor, connecting personalized employee experiences with agentic AI for communications, HR and IT teams Interact named a Leader in 2026 Gartner® Magic Quadrant™ Interact Software named a Leader in the 2026 Gartner® Magic Quadrant™ for Intranet Packaged Solutions for the fourth consecutive year. NEW YORK and MANCHESTER, United Kingdom, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Interact Software, an AI-native employee experience and enterprise intranet platfor

AiMOGA to Launch Home Companion Robot Mobo and Open Global Pre-Orders at 2026 Chery International User Summit

WUHU, China, Oct. 16, 2026 (GLOBE NEWSWIRE) -- AiMOGA Robotics, Chery’s robotics brand, will officially showcase Mobo, its first consumer-grade humanoid robot designed for home companionship, and open global pre-orders at the 2026 Chery International User Summit in Wuhu, October 19-23. Under the theme "ECO-TECH FOR OUR FUTURE LIFE” the event will feature AiMOGA’s wider robot portfolio and illustrate how Chery is extending automotive engineering, manufacturing and supply-chain expertise into embo

Christie's International Real Estate New York Welcomes Nicole Palermo

Manhattan townhouse specialist joins the firm with more than $700 million in career sales and a focus on luxury properties above $10 million NEW YORK, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Christie's International Real Estate New York, a New York City-based top-ten residential brokerage, announced that Nicole Palermo has joined the firm from SERHANT. Palermo has closed more than $700 million in Manhattan townhouse, condo, co-op, and new development sales over her more than 13 years in the business.

Monk Named Best AR Automation Software of 2026

The AI-native accounts receivable platform took the top position in a new comparison of the best AR automation software of 2026, which ranked ten platforms on collections automation, cash application accuracy, ERP and CRM integrations, AP portal coverage, implementation time and DSO reporting. New York, NY, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Monk, a leading AR automation software platform, announced today that it has been named the best AR automation software of 2026 by Tech Funding News in its a

Janney Opens Houston Office with Four Financial Advisors as Firm Continues Growth in Texas

The additions establish a significant new presence for Janney in a key market. PHILADELPHIA, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Janney Montgomery Scott LLC has expanded its presence in Texas with the opening of a new office in Houston and the addition of four Financial Advisors collectively managing nearly $3.5 billion in client assets. The additions bring highly experienced wealth management practices to Janney and build on the firm’s continued recruiting momentum in an important growth market.

DKG TranXact Announces Institutional Pilot Readiness Ahead of Hong Kong and Singapore FinTech Events

Company to attend Hong Kong FinTech Week x StartmeupHK 2026 and Singapore FinTech Festival 2026, inviting financial institutions to evaluate its capital markets operations platform. TORONTO, Oct. 16, 2026 /PRNewswire/ -- DKG TranXact today announced that it is ready to begin structured institutional pilots of its capital markets operations platform. The company is inviting banks, asset managers, broker-dealers and other financial institutions to evaluate TranXact against defined operational work

CLASSIC FUSION TRIBUTO: A GOLDEN RETURN TO THE 1980 ORIGIN

MILAN, Oct. 16, 2026 /PRNewswire/ -- Forty-six years later, Hublot pays tribute to the watch that built Hublot with the Classic Fusion Tributo in yellow or white gold. This is not merely a reinterpretation, but a return to the origin crafted with all the expertise the Manufacture has acquired and integrated since its creation in 1980. Gold and rubber, black and contrast: the same defining codes of the original watch are now elevated through 46 years of watchmaking expertise in movements, finishi

2026 World Vocational and Technical Education Development Conference kicks off in Tianjin

TIANJIN, China, Oct. 16, 2026 /PRNewswire/ -- A report from GLOBAL TIMES: The 2026 World Vocational and Technical Education Development Conference opened in North China's Tianjin Municipality on Friday and is being attended by guests from government officials, diplomatic envoys, and personnel from international organizations and educational institutes from all round the world. Under the theme "TVET (Technical and Vocational Education and Training): Co-Embracing Change, Co- Forging Standards, Co-

CELEBRATING EXCELLENCE AT THE 2026 HKMA QUALITY AWARD DINNER

PROF AYESHA MACPHERSON LAU BBS JP, CHAIRMAN OF THE MANDATORY PROVIDENT FUND SCHEMES AUTHORITY AND EMPF PLATFORM COMPANY LIMITED, SERVED AS GUEST OF HONOUR HONG KONG, Oct. 16, 2026 /PRNewswire/ -- Introduced by The Hong Kong Management Association (HKMA) in 1991, the HKMA annual Quality Award aims to give recognition to companies in Hong Kong which have made a lasting commitment to quality management and also to provide an opportunity for companies to share with one another their best practices.

Phoenix boosts playoffs hopes with come-from-behind win over Meralco

MANILA, Philippines — New import Marcellus Earlington overcome a foul-plagued PBA debut, delivering 14 of his 20 points in the final period to lift Phoenix Super LPG to a pulse-pounding 105-101 comeback win against Meralco to boost its Season 50 Governors’ Cup playoffs bid on Friday at the Ynares Center in Antipolo. The 26-year-old Earlington, taking the spot of BJ Johnson, who left the team during the conference break, made all six of his attempts from the field in the final period,

Lyca Mobile US Upgrades Its Unlimited Plans with Canada Roaming Data

Canada, October 16, 2026 /MarketersMEDIA/ -- Lyca Mobile users no longer have to buy travel eSIMs or local SIM cards when they visit Canada. One of the largest MVNOs (Mobile Virtual Network Operators) in the world, Lyca Mobile, has updated its two unlimited plans, the Unlimited Plus and the Unlimited Pro. The plans now include roaming benefits for Canada. Like other Lyca Mobile prepaid plans in the USA, these plans offer unlimited talk and text to 100 countries. Now, the list has been updated wi

NeoSoul's DNA Token to List on Binance and OKX on October 16

Singapore, October 16, 2026 -- NeoSoul, an AI economy infrastructure project across the BSC and 0G ecosystems, today announced that its DNA token will list on Binance Alpha, OKX, KuCoin, Bitget, Gate and MEXC on October 16, 2026, the day of its token generation event (TGE). Binance Wallet has announced that Binance Alpha will be the first platform to feature DNA; once trading opens, eligible users can claim a DNA airdrop using Binance Alpha Points on the Alpha Events page. The DNA airdrop checke

SMISEACOW Takes Aim at the One-Screen Workday With Portable Extenders Built for Real Life

From triple-screen travel kits to posture-friendly vertical displays, the lineup helps hybrid workers stop juggling tabs—and start getting more done Shenzhen, Guangdong Province, China, October 16, 2026 -- It’s 9 a.m. You’re on a video call, a spreadsheet is open, and your inbox won’t stop pinging. On a single laptop screen, something always gets buried. SMISEACOW’s portable screen extenders are designed for that exact moment: more screen, less scrambling, wherever work happens—home office, hote

Verified caller names now appear on most Indian phones as CNAP goes live, but scam gaps remain

New Delhi, October 16, 2026 -- Indian mobile users are now seeing a verified name on calls from unknown numbers, with no app installed. The feature, Calling Name Presentation (CNAP), is widely live on Jio, Airtel and Vi, roughly 7 months after the government's March 31, 2026 deadline for nationwide coverage. The rollout isn't finished. BSNL's integration with the private networks was still being reported as ongoing in May, calls that cross from one operator to another are the least reliable, and

Range-Extended & BEV Models Make Dual Debut - ET FL Takes Its Inaugural Track Test Drive at 2026 EXEED International User Summit

Wuhu, Anhui, China, October 16, 2026 -- From October 18 to 23, the 2026 EXEED International User Summit will be held under the theme "The Pulse Lives on". The ET FL will be on static display at the brand launch on October 18, and undergo its inaugural track test drive during the Track Experience Day on October 19 and 20. From design details and cutting-edge technology to performance experience, the ET FL will showcase EXEED’s vision of Future Luxury mobility for global users. The ET FL adopts a

Hong Kong Electronics Fair's Surprise Hit: migo one pro Captivates Visitors with Interactive Experience

HongKong, China, October 16, 2026 -- The 2026 Hong Kong Electronics Fair (Autumn Edition) is in full swing at the Hong Kong Convention and Exhibition Centre. Hangzhou Miguo Intelligent Robot Co., Ltd., one of China's few brands combining embodied AI with emotional companionship, is showcasing its AI-powered robotic companion, migo one pro, bringing a human touch to this global technology event. The migo booth has drawn enthusiastic crowds, including Hong Kong celebrities Yuen King-tan, Lam Tze-c

Over 500,000 MSMES targeted for gov’t support in 2027

FROM getting advice on how to start or expand a business, to gaining access to machinery, financing, and bigger markets, more than half a million Filipino micro, small, and medium enterprises (MSMEs) are targeted to receive government support under the proposed Fiscal Year (FY) 2027 National Budget. The Department of Budget and Management (DBM) said P2.412 billion is proposed for the Department of Trade and Industry’s (DTI) MSME Development Program to help 501,253 MSMEs nationwide improve