Today, Netflix announced our acquisition of Warner Bros. Together, we’ll define the next century of storytelling, creating an extraordinary entertainment offering for audiences everywhere. https://t.co/rXPFMNIs1A pic.twitter.com/0pdsMUEob8 — Netflix (@netflix) December 5, 2025 Netflix and Warner Bros. announced that the streaming giant will will acquire Warner Bros., including its film and television studios, HBO, and HBO Max. The cash and stock transaction is valued at a total enterprise value of approximately $82.7 billion (equity value of…
Posts tagged as “business”
Trump administration is planning to impose a $100,000 per year for H-1B worker visas. In the official statement of the White House, the H-1B nonimmigrant visa program, intended to bring in high-skilled temporary workers, has been widely misused by companies, particularly in the IT sector, to replace American employees with lower-paid foreign labor. This abuse has artificially suppressed wages and negatively impacted the U.S. labor market, especially for recent college graduates in STEM fields who…
Riyadh Air announces Major Fleet Expansion at the 55th Edition of Paris Airshow with up to 50 Airbus A350-1000 aircraft
Saudi Arabia’s Riyadh Air just announced an order for up to 50 Airbus A350-1000 aircraft (25 firm orders with options for 25 more) at the 55th Edition of Paris Airshow. This strategic acquisition of long-range aircraft, capable of flying over 16,000 km, will allow Riyadh Air to connect the Saudi capital to over 100 global destinations by 2030, aligning with major upcoming events like Riyadh Expo 2030 and the FIFA World Cup 2034. This agreement…
Netflix Philippines has informed its subscribers that the streaming giant will increase its prices to accommodate the 12% value-added tax (VAT) on digital services provided by foreign companies. In the email that Netflix Philippines sent to its subscribers, it stated: “As required by Republic Act No. 12023, which imposes a 12% Value-Added Tax (VAT) on digital services, Netflix will raise its subscription costs in the Philippines as of June 1, 2025.” The new monthly prices…
READ: ABS-CBN’s statement on House bills seeking to grant the media company a broadcast franchise. pic.twitter.com/Fxw80OyDZP — ABS-CBN News (@ABSCBNNews) January 7, 2025 Here’s the full text below; While we were not aware of Rep. Joey Salceda’s filing of a bill to grant a broadcast franchise to ABS-CBN today, we are deeply grateful for his support and belief in ABS-CBN’s contributions and mission to serve the Filipino public. We would also like to express our…
Albay Rep. Joey Salceda has filed House Bill 11252, which seek to renew the franchise of ABS-CBN, almost 5 years since the House of Representatives under the Duterte administration revoked the media giant’s bid to renew its franchise. Congressman Joey Salceda files a House bill seeking the renewal of the franchise of ABS-CBN, nearly five years since the House of Representatives under the Duterte administration denied the media giant's bid for a new license. |…
Apple announced plans to expand in Saudi Arabia, starting with the launch of an online store in summer 2025 and opening physical stores in 2026, including a flagship location in Diriyah, a UNESCO World Heritage site. The expansion includes existing investments in the country, including the Apple Developer Academy in Riyadh, which opened in Riyadh in 2021 in partnership with the Government of the Kingdom of Saudi Arabia, Tuwaiq Academy, and Princess Nourah bint Abdulrahman…
Jollibee Foods Corp. (JFC) to acquire full ownership and control of Tim Ho Wan, a Hong Kong-based dim sum restaurant. In an article on BusinessWorld, the deal to acquire Tim Ho Wan is worth S$20.2 million or around ₱892.29 million, which is only for the remaining 8% participating interest held by the other investors in Tim Ho Wan (Titan Dining LP). Before this transaction, Jollibee Worldwide Pte. Ltd. (JWPL), already owns 92% participating interest in…
Converge, one of Philippines leading ISP, announced “the new Converge Netflix Bundle, where new and existing FiberX customers will be able to have both an internet and Netflix plan, all in one. The new offering aims to provide countless entertainment options and a better streaming experience for FiberX users.” The new Converge Netflix Bundle will include a FiberX plan that offers 325 Mbps speeds, a Netflix subscription with a lock-in period of 36 months, a…
Lauren Thomas, Laura Cooper and Asa Fitch, reporting for WSJ; Chip giant Qualcomm made a takeover approach to rival Intel in recent days, according to people familiar with the matter, in what would be one of the largest and most consequential deals in recent years. A deal for Intel, which has a market value of roughly $90 billion, would come as the chip maker has been suffering through one of the most significant crises in…
Rappler; Tupperware Brands Corp. and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, September 17, giving in to dwindling demand for its once-iconic food storage containers and mounting financial losses. The company’s struggles resumed after a short-lived pandemic boost, when increased home cooking briefly drove demand for its colorful, airtight plastic containers. A post-pandemic jump in costs of raw materials such as plastic resin, as well as labor and freight, further…
Benise Balaoing, writing for ABS-CBN News; Maya is partnering with Grab to give users of the ride-hailing and food delivery app access to loans up to P30,000. …. Aside from this, Grab users can now use Maya Easy Credit to top up their Maya Wallet and easily pay for Grab rides or food deliveries. It’s interesting that Grab is partnering with Maya to offer loans to its users, even though Grab a offers similar finance…
San Miguel Corp; The New NAIA Infra Corp. (NNIC) has officially taken over management and operation of the Ninoy Aquino International Airport (NAIA) and with it, the task of modernizing the 76-year-old gateway. NNIC, the consortium that includes San Miguel Corporation (SMC) and Incheon International Airport Corporation, has committed to spend P170 billion to execute its phased but ambitious plan to elevate NAIA to world-class standards. This includes plans to increase passenger capacity from 43…
Foodpanda on the selling block?!
Increase in subscription is coming!
Apple Online Store now available in Vietnam.
Google will start verifying users for free!
Apple has announced that it will be opening two new retail store in India. The Apple BKC in Mumbai will start operating this 18th April, then Apple Saket in Delhi on the 20th April.
Pepsi has unveil a new logo for its iconic global brand.
Project Kuiper is Amazon's answer to SpaceX's Starlink Internet.
After it failed to reach an agreement with China’s Netease Games, US gaming giant, Blizzard Entertainment will suspend most, if not all of its services in China starting this January 2023. Both Netease Games and Blizzard Entertainment where not able to extend their 14-year licensing agreement, since started 2008. It’s unclear how failed extension will affect both companies and but all is not lost, since Blizzard’s mobile game Diablo Immortal will continue operating under a…