BlendJet is recalling millions of portable blenders, including about 117,000 sold in Canada, over laceration and fire hazards after receiving dozens of reports of injuries, U.S. regulators said Thursday. There have been 329 reports of blades breaking during use BlendJet is recalling millions of portable blenders over laceration and fire …
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New York Times sues OpenAI, Microsoft for copyright infringement
The New York Times is suing OpenAI and Microsoft, accusing them of using millions of the newspaper's articles without permission to help train artificial intelligence technologies. Several generative AI companies facing similar suits by writers, visual artists The New York Times is suing OpenAI and Microsoft, accusing them of using …
Read More »PLDT gains advanced cybersecurity service status
As it continues to develop its cybersecurity infrastructure, PLDT Enterprise has earned the status of an Advanced Managed Security Services Provider (MSSP) partner with its specialization in Fortinet’s cloud-based, secure software-defined wide area network (SD-WAN). According to the firm, PLDT Inc. is the first telecommunication company in the Philippines to …
Read More »Business leaders adopt cautious optimism for 2024
Local business leaders are cautiously optimistic about the country’s economic growth in the coming year as continuing challenges in the areas of geopolitics, ease of doing business, and overall global economic slowdown are weighing down on investors’ confidence, but remained positive that the domestic economy will continue to outperform its …
Read More »After years of turbulence, small clothing designers struggle for a sustainable model
Small clothing designers in Nova Scotia say the turbulence of the pandemic followed by rising interest rates, supply-chain disruptions and declining demand have forced changes in how they operate. N.S. designers have had to adjust to changes in consumer behaviour, supply chain disruptions, inflation Amid high inflation, rising operating costs …
Read More »KonsultaMD taps pharma, Singaporean firm for improved healthcare
Telehealth platform KonsultaMD, a joint venture of Globe Group, AC Health, and Salud Interactiva, is collaborating with a drugstore company and a Singaporean health firm to improve its healthcare services and access for customers. KonsultaMD has partnered with Singapore Diagnostics (SGD), a leading medical diagnostics firm in Southeast Asia, to …
Read More »BSP: Domestic banking system reliable, stable
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. is once again calling on all Philippine banks to get the message across that the banking system is reliable and there is financial stability. Promoting the banking sector and nurturing the public’s trust and confidence in the BSP and the …
Read More »Residential condo market recovers in 2023
The Philippine residential condominium market marked its recovery in 2023, notably in Metro Manila, which saw a record of 40,555 units sold, according to Leechiu Property Consultants (LPC). LPC Director for Research and Consultancy Roy Amado Golez Jr. said, “the sector had reached its peak performance two years before the …
Read More »Some mortgage rates are dropping, but renewed loans could keep economy slow
As markets anticipate lower interest rates from the Bank of Canada, some types of five-year fixed mortgage rates are seeing the lowest rates in months, including offerings below five per cent interest. But as many Canadians face loan renewals in the new year, economic activity overall may still face slowdowns …
Read More »Meet Oscar, the Canadian-built, AI-driven recycling system helping governments go green
As the federal government begins to embrace artificial intelligence, the Oscar Sort recycling station is one of the more unconventional ways the government is using AI. The system is popping up in federal government buildings and changing how people talk about trash. Technology developed in Canada is improving recycling in …
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