Sweden joins 'Nato lake' on Moscow's doorstep
Sweden finally joined Nato on Thursday, meaning the western defence alliance has nearly ringed the entire Baltic Sea, a significant oil trading route for Russia and home to one of its fleets.
Digital latest news
US lawmakers tune out TikTok lobbying to advance bill to ban app
A powerful US congressional committee has passed a bill that would remove TikTok from app stores unless its Chinese owner divests the video-sharing platform, brushing off a lobbying campaign that had enlisted thousands of its users.
“We’re Up And Up:” Asian Streamer Bosses On How Creative & Financial “Discipline” Has Promoted Local Growth — Filmart
“We don’t need a lot of content, we just need lots of really good content,” Kelvin Yau, President of Asia Pacific and Marketing iQIYI, concluded when quizzed on his company’s editorial strategy during a keynote session on streaming this morning at Filmart in Hong Kong.
GCash builds digital ecosystem where women can thrive
MANILA, Philippines — In its mission to boost financial inclusion in the Philippines, leading finance app GCash is paving the way to create a digital ecosystem where women can thrive along with their businesses and families.
In bitcoin's shadow, another cryptocurrency, Ether, stages its own rally
NEW YORK, United States — Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major cryptocurrency, Ether, has been enjoying its own meteoric rise.
FilMart: ‘The Bagman’ Series Now Shooting for The Philippines’ ABS-CBN
Patrick Frater Asia Bureau Chief A year after announcing the ambitious project, The Philippines ABS-CBN is now in production on new series “The Bagman.” Filming began in Manila on Feb. 25. “The Bagman” is a spin-off from the original, locally-produced digital series “Bagman” that was aimed at the Filipino audience. The new series is intended as an international co-production.
Nikon to buy US cinema camera maker RED
TOKYO, Japan — Japanese camera giant Nikon said Thursday it has agreed to wholly acquire high-end US movie camera manufacturer RED Digital Cinema, a favorite in Hollywood productions for its image quality.
PLDT forms shared digital services company called Digico
PLDT [TEL 1278.00 ?0.9%] [link] said yesterday that it has created “a new digital entity” called Digico that will act as a “platform for a serious [MVP Group]-wide digitalization effort”. Digico will be co-owned by TEL, Smart, Meralco [MER 365.20 ?0.5%], and Metro Pacific Investments (MPI), which the disclosure referred to as the “MVP Group of Companies”. According to TEL, Digico is expected to facilitate “payments and rewards systems” for users and “be ‘the app’ for all Filipinos”. Referring to the Filipino people, Manny Pangilinan (MVP) said that “your growth is a priority for us”, and followed this up by saying that Digico “will serve as a catalyst that could unlock new revenue streams and drive incremental value.”MB BOTTOM-LINE: Lots of big companies have shared services teams like this, especially for IT assets and services. Why make each company spend the time and money to roll its own payment processing system when those efforts could be concentrated on delivering one system capable of handling the entire group’s needs? Makes sense on paper. Building this digital infrastructure also makes it easier for the MVP Group of Companies (is it just me, or is it kind of wild to refer to these companies in this way?) to grow new subsidiaries or pursue new customer-facing opportunities knowing that they’ve already got this part of the challenge solved: just plug the new company into the existing digital platform and away you go.