The Manila Times

47 articles in the TruthFoundry index. Each links out to the original.

• FSB publishes final guidance requiring stronger agentic AI oversight · Global financial regulator FSB mandates greater human oversight for agentic AI systems.
• Anthropic reports $16.8B Q3 revenue ahead of planned November IPO · AI firm Anthropic disclosed strong quarterly revenue while preparing for a November public offering.
• Netflix implements 6% workforce layoff, largest cuts since 2022 · Netflix lays off roughly 1000 employees, marking its largest job cuts since 2022.
• Airbus Plans Early Decision on Increased A350 Production Capacity · Airbus CEO Lars Wagner confirms an inevitable decision to increase A350 output is coming soon due to market demand.
• Major US Banks Report Solid Q3 Loan Growth Amid Rate Hikes · JPMorgan, Citigroup, and Wells Fargo report strong loan growth despite rising rates and funding pressures.
• Taiwan President Urges Micron and Union to Avoid Strike · Taiwan's President Lai Ching-te called on Micron Technology and its workers to negotiate sincerely to avert a potential strike.
• Tencent receives 3x investor demand for $4.5 billion AI debt offering · Tencent Holdings secured over 3x investor demand for its $4.5 billion multi-currency debt sale.
• OpenAI Launches Autonomous 'Dots' Agents to Challenge Meta · OpenAI unveiled 'dots' autonomous agents, intensifying competition with Meta in the AI enterprise market.
• Aramco Reorganizes to Create New Gas Division for Future Listings · Saudi Aramco plans to reorganize into three segments and create a new gas unit to raise capital.
• Anthropic and OpenAI Release Cheaper AI Models Amid Safety Concerns · Anthropic and OpenAI launched lower-cost AI models despite recent calls to slow development due to security risks.
• Microsoft agrees to maintain shareholder proposal thresholds for one year · Microsoft will keep existing shareholder proposal rules for a year amid SEC regulatory review.
• Converse removes sneaker ad following accusations of racist imagery · Converse apologizes and pulls a sneaker ad criticized for evoking KKK and lynching imagery.
• Micron Taiwan Workers Reject 68-Month Bonus Offer, Threaten Strike · Micron Taiwan workers threaten strike over 68-month bonus offer, demanding 83 months and profit sharing.
• SK Hynix Union Approves Revised Wage Deal After Rejecting Initial Offer · SK Hynix workers approved a revised wage agreement with management following the rejection of an earlier proposal.
• Meta CEO Mark Zuckerberg rejects calls to slow global AI development · Meta CEO Mark Zuckerberg opposes AI slowdown calls, citing market incentives and liability as safeguards.
• Boeing finalizes Korean Air order, nears Turkish Airlines 737 MAX deal · Boeing completed a 103 aircraft order with Korean Air and advanced Turkish Airlines 737 MAX negotiations.
• Coca-Cola Announces $10 Billion US Infrastructure Investment 2026-2030 · Coca-Cola plans $10 billion US infrastructure investment spanning 2026 through 2030.
• Grab to acquire controlling stake in Atome Financial for $1.49 billion · Grab Holdings announced a $1.49 billion deal to take a 60% stake in Southeast Asian fintech Atome Financial.
• Zuckerberg and Musk Urge More AI Data Centers Amid Power Shortfall Concerns · Meta and Tesla leaders call for expanded AI infrastructure despite US public backlash and regulatory hurdles.
• Taiwan Semiconductor Revenue Soars 40% on AI Demand · Taiwan's chip sector revenue is projected to reach US$300 billion, a 40% increase driven by AI demand.
• TCL Sues Samsung Over False Mini LED TV Advertising Claims · TCL filed a lawsuit in Los Angeles alleging Samsung falsely marketed M Model TVs as Mini LED.
• Honda Urges Suppliers to Slash Costs Amid China EV Competition · Honda instructs suppliers to cut costs by 30% to counter Chinese EV rivals and address internal losses.
• Nestlé Sells Vitamin and Supplements Business for $1 Billion · Nestlé agreed to sell its mainstream vitamin and supplements brands to Yellow Wood Partners for $1 billion.
• Pizza Hut CEO Aaron Powell Resigns Following $2.7 Billion Sale · Pizza Hut CEO Aaron Powell resigned after Yum Brands completed the chain's $2.7 billion sale to LongRange Capital.
• Nvidia denies plans to ship China-specific AI chip by year-end · Nvidia denies reports of a China-specific AI chip launch, stating no such product exists on its roadmap.
• Alibaba Profit Plummets 75% Amid Surging AI Infrastructure Spending · Alibaba's quarterly profit dropped 75% as the company increased AI infrastructure investment by 75%.
• Airbus Targets September for A350F Freighter First Flight · Airbus aims for a September first flight of its A350F freighter to challenge Boeing's cargo dominance.
• AMD launches $4B-$5B debt offering to fund AI expansion · AMD launched a $4B-$5B debt offering to fund general corporate purposes amid AI sector growth.
• Porsche Plans to Discontinue Taycan Electric Car by 2030 · Porsche plans to discontinue its Taycan electric car by 2030 due to declining sales and strategic shifts.
• Boeing Jet Deliveries Drop 17% in July Despite New Orders · Boeing delivered 53 jets in July, a sharp decline from June, while booking 30 net new orders.