Virtual reality (VR) technology looks set to gain widespread adoption over the next five years, reaching an installed base of 256 million users worldwide and generating revenues of over $60 billion in 2022.
The Land Transportation Franchising and Regulatory Board (LTFRB) has ordered ride-sharing company Arcade City to cease operations after the Texas-based company announced online that it is now entering the Philippine market to fill up the void left by the suspension of Uber.
BPO firm Sitel Philippines and Virgin Media (UK) recently donated P50,000 to Cribs Foundation, along with basic supplies, such as toiletries, diapers and food items.
After the country?s top cities were downgraded in the latest rankings of the top outsourcing destinations in the world, the government is hoping that a nationwide startup contest will boost the local startup ecosystem.