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IT News

World’s leading banks set to create new digital currency: report

Four of the world's largest banks, namely UBS, Deutsche Bank, Santander, and BNY Mellon, have begun working on a new digital currency with the UK-based brokerage company ICAP.

Danish robotics firm introduces ‘co-bots’ in PH workplace

Universal Robots (UR) has tapped Elixir Industrial Equipment as its local distributor to introduce the former's collaborative robots, or ?co-bots?, to local industries.

Homegrown tech firm Redfox rebrands to go after millennials

From being a PC manufacturer, Redfox has widen its product portfolio, which now includes premium selection of smartphones, laptops, gaming PCs, and other peripherals.

Makati to pursue e-payment for taxes, online bidding for gov’t projects

Makati City mayor Abigail Binay also promised residents a high-speed Internet connection by setting up free Wi-Fi hotspots in the city's barangay halls.

AMD seeks to bring VR computing to the mainstream

For tech giant AMD, the first step in lowering the pricepoint of a computer that can handle VR is to offer competitive pricing to computer components including the motherboard and graphics card.

PH opens world’s first private sector-led emergency ops center

A total of 79 local companies got together to establish the EOC under the Philippine Disaster Resilience Foundation (PDRF).

Starmobile expands into network market after signing pact with TP-Link

According to Star Inc. chief operating officer Jerry Manus, the company will soon provide network devices such as routers, APs, and switches in partnership with systems integrators (SIs) nationwide.

Pimentel hits SEC?s ?inefficient service? after IT system breakdown

Senate President Aquilino "Koko" Pimentel III on Saturday, Aug 6, slammed the ?inefficient service? of the Securities and Exchange Commission (SEC) after its major computer system bogged down that virtually halted the operations and services at the agency.

Deal sealed to sell Emerson Network Power for $4B to equity firm

Tech titan Emerson has announced an agreement to sell Network Power to investment firm Platinum Equity and a group of co-investors.

DSWD opens online facility for disaster management and response

The Department of Social Welfare and Development (DSWD) formally opened on Thursday, Aug. 4, its Virtual Operations Center (VOC) to enhance its disaster management and response capabilities.

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