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ABS-CBN and TV5 joint venture (FILE PHOTO) MANILA, Philippines — Three resolutions seeking an investigation on the merger between media giants ABS-CBN and TV5, along with allegations that TV5 is foreign-owned, have been forwarded to the House of Representatives’ committee on legislative franchises on Wednesday. During the plenary session, House Resolutions (HR) No. 280, 281, and 282 were transmitted to the said committee for possible action. HR No. 280 authored by Zamboanga Sibugay 1st District Rep. Wilter Palma wants the said committee to look at the alleged foreign ownership issues about TV5, hinged on accusations that MediaQuest which is part of the PLDT Beneficial Trust Fund, supposedly owned by businessman Manny Pangilinan, actual belongs to a foreign national. It echoes allegations made by Sagip party-list Rep. Rodante Marcoleta, who said in his privilege speech last Monday that TV5 is owned by an Indonesian national. “There were published reports alleging that ABC … [Read more...] about Solons file resolutions seeking probe on ABS-CBN, TV5 merger

Red-hot inflation, slowing rural consumption, goods and services (GST) complications and the general decline of the unorganised sector are making it hard for small and medium enterprises (SMEs) to drive sales and growth. As is with major business initiatives, an investment in adopting sales enablers requires making a business case. But, unlike other functions, sales and marketing processes are matured and there are enough performance metrics to evaluate investment effectiveness. SMEs can learn from these to measure sales efficiency as well as investment effectiveness. Start by outlining the impact on the execution of sales as a process. Every enterprise has hundreds of sales factors that can be measured, however, not more than five such metrics are needed for execution to succeed. Five metrics impact revenue attainment the most—number of opportunities or leads in the pipeline, average deal size, success rate, length of the sales cycle and the number of “active” sales staff. … [Read more...] about 5 sales metrics to fast-track business growth

(CTN News) – Elon Musk argued on Friday that Twitter’s September trial date is “unjustifiable” in the $44 billion merger case. After Elon Musk announced he was walking away from the deal, sued Elon Musk on Twitter to force him to complete the purchase. In September, Twitter sought a four-day trial, arguing that the deal must close by the end of October. By filing its lawsuit, Plaintiff has rendered its supposed need for a September trial moot,” Elon Musk’s attorney, Alex Spiro, wrote in a Friday court filing. “Twitter’s bid for extreme expedition depends on the false premise that the Termination Date in the merger agreement is October 24, glossing over that this date automatically stays if either party files litigation.” The Delaware Chancery Court will determine whether Musk is still obligated to purchase Twitter or whether he can walk away because he wasn’t provided with the requested data.. Twitter’s sudden request for warp speed after two months … [Read more...] about Elon Musk Responds To Twitter’s Lawsuit Over $44 Billion Deal

Internet speed (STOCK IMAGE) MANILA, Philippines — The Philippines saw an increase in internet download speeds anew in both fixed broadband and mobile, according to network speed analyst Ookla. In its Speedtest Global Index July 2022 report, Ookla said the Philippines’ fixed broadband median speed increased to 75.62 megabits per second (mbps) from the 68.94 mbps recorded in June. Average download speed for fixed broadband, meanwhile, clocked in at 102.93 mbps. Mobile median speed also increased as the Philippines yielded a download speed of 22.56 mbps in July from 21.41 mbps in June as the average download speed for mobile speed clocked in at 52.33 mbps, Ookla said. These increases improved the Philippines’ global rank in fixed broadband by seven notches and four notches in mobile. The country now ranks 46th out of 182 countries for fixed broadband and 84th out of 140 countries for mobile, according to Ookla’s report. The National Telecommunications Commission (NTC) … [Read more...] about PH internet speeds improved in July 2022 —Ookla

Share to Twitter Share to Linkedin One of the unexpected stars of Russia’s Army-22 trade show was a robot dog dressed as a ninja and carrying an RPG-26 rocket launcher . However, the Twittersphere quickly spotted that the outfit looked like an attempt to conceal a Go-1 robot made by Chinese company Unitree, and the killer robodog was quickly labeled as a fake. But there is more going on here than you might think. Firstly, the Russian makers of the “M-81 robot” seem to be open about the fact that they use Chinese hardware, though they say they hope to produce a Russian version. The company, Machine Intellect, is based in St. Petersburg, and says their robot dogs could transport supplies, act as scouts, and carry out attack missions. On the face of it then, we have a company adapting commercially available robotic hardware to take on a new role, with no reason not to believe that far from being a fake, it is a viable combat platform. … [Read more...] about Russia’s ‘Fake’ Robot Gun Dog — And The Real Armed Robots

Paul Moller stands in the back corner of a large garage in Davis, California, clean-shaven and wearing a large pair of golden aviator glasses. The 52-year-old engineer is a professor down the road at the University of California, Davis, but he’s not the type to sit back with a book and highlighter. In his white polo shirt and glossy brown bomber jacket, he looks ready to tinker with the shiny invention behind him at knee-level at a moment’s notice. advertisement advertisement The dark blue saucer behind Moller features eight propellers encircling a small, one-person cockpit. Behold Moller’s new M200X—a vehicle reminiscent of the Jetson family’s green flying car that Moller says is almost ready for manned test flights. Cut to: Moller stands outside with the M200X in an open grassy field. The vehicle, tethered to a rope, powers up, whirring loudly. The saucer lifts slowly into the air, rocking back and forth unsteadily, before Moller and his team signal … [Read more...] about Paul Moller’s 50-year dream to build a flying car won’t die