The Manila Times

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

• 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 Chip Revenue Soars 40% Driven by AI Demand · Taiwan's semiconductor sector projects 40% revenue growth to nearly US$300 billion this year due to 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.
• DeepSeek's V4-Flash AI Model Ranks Among Cheapest Globally · DeepSeek's new V4-Flash model is significantly cheaper to run than major competitors like Claude and GPT-5.6.
• Indonesia Resumes Mineral Exports After Rare Earth Inspection Delays · Indonesia resumes exports of minerals containing rare earth byproducts following government clarification on testing guidelines.
• SpaceX Investors Ask About Starship, AI, and Musk's Vision · Retail investors prioritize Starship and AI questions over financials on SpaceX's first earnings call.
• Qualcomm Warns of Weaker Profits as Apple Revenue Slips · Qualcomm forecasts lower Q4 profit and slower Apple revenue growth, pivoting to data centers.
• Vingroup expands globally as Vietnam's property market cools · Vietnam's Vingroup accelerates overseas projects in 15 countries to offset slowing domestic real estate profits.
• Keppel Group Reports 25% Surge in H1 Profit Driven by Infrastructure and Connectivity · Keppel Group's half-year profit jumped 25% to S$530 million, led by strong infrastructure and connectivity segments.
• J&J Lowers 2026 Profit Forecast Due to Firefly Bio Acquisition and Sail Biomedicines Deal · Johnson & Johnson cuts 2026 EPS forecast by $0.64 due to Firefly Bio acquisition and Sail Biomedicines partnership costs.
• Philippine Developer Arthaland Pays SEC Penalty for Cash Flow Errors · Arthaland Corp. paid a P746,616.79 SEC fine for material misstatements in its 2024 cash flow reporting.
• Samsung in Talks to Invest Hundreds of Millions in French AI Startup Mistral · Samsung is negotiating a potential investment in Mistral AI amid a fundraising round valuing the startup at roughly 20 billion euros.
• Shanghai GDP Hits 5.6% Growth in First Half of 2026 Driven by Tech · Shanghai's GDP rose 5.6% in H1 2026, outpacing national averages due to EV and AI expansion.
• Samsung Cuts US Jobs, Offers Relocations Ahead of HQ Move to Texas · Samsung Electronics cuts 739 roles in New Jersey and Texas as it relocates its consumer electronics headquarters to Plano.
• Shein Receives Approval for Hong Kong IPO After US and UK Hurdles · China's market watchdog approved Shein's Hong Kong IPO application, valuing the fast-fashion giant at $40-50 billion.
• Netflix Q2 Earnings Beat but Shares Plunge on Weaker Growth Forecast · Netflix reported strong Q2 profits but shares fell after the company lowered its revenue growth forecast.
• PayPal Board Rejects Stripe-Advent $53B Bid as Undervalued · PayPal board views rival Stripe and Advent's $53 billion offer as inadequate and faces regulatory hurdles.
• China's Top Airlines Warn of Heavy Summer Losses Amid Fuel Costs · China's three major airlines warn of up to 9 billion yuan first-half losses due to weak demand and high fuel costs.
• Csquare Raises $1.05 Billion in US IPO Amid AI Boom · Data center provider Csquare raised $1.05 billion in its US IPO, valuing the firm at $3.25 billion.
• JPMorgan CEO Dimon Warns Anthropic's Mythos AI Poses 'Real Issue' Risks · JPMorgan CEO Jamie Dimon warns that Anthropic's Mythos AI model poses significant security risks comparable to ballistic missiles.
• SpaceX Shares Drop Below IPO Price Amid Debt Concerns · SpaceX stock fell below its $135 IPO price for the first time due to debt concerns and profit-taking.
• Burberry Investors Approve CEO Pay Boost Amid Shareholder Pushback · Burberry shareholders approved a significant pay raise for CEO Joshua Schulman despite opposition from proxy advisers.
• Nvidia and Kawasaki Heavy Industries to Co-Develop AI Shipbuilding Robots · Nvidia and Kawasaki Heavy Industries will co-develop AI robots for shipbuilding to address labor shortages and boost productivity.
• Japanese Ice Cream Giant Glico Faces Shipment Delays After Cyberattack · Ezaki Glico reports shipment delays after logistics partner Nichirei suffers a cyberattack.
• SK Hynix Shares Surge 13% on AI Memory Demand Hopes · SK Hynix shares jumped 13% as analysts predict severe AI memory shortages through 2030.
• Taco Bell Removes Select Items Amid Unconfirmed Cyclosporiasis Outbreak · Taco Bell removed limited items as a precaution while health officials found no link to the cyclosporiasis outbreak.
• ASML Beats Q2 Estimates Driven by AI Chip Demand and Intel Deal · ASML reported record Q2 revenue and profit, boosted by AI chip demand and a new Intel partnership.