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Bitcoin reaches record high at nearly $50,000

Bitcoin (BTC) hit its highest level for the first time since December 2021 as the cryptocurrency’s value surged to $48,750 on Feb. 12.

SEC issues advisory against firm asking public to do online tasks

The Securities and Exchange Commission (SEC) has released a public advisory against online entity Tonik-Shop for enticing the public to invest their money with a promise of high monetary rewards or profits.

PH gov’t hopes digital transformation will halt widespread corruption

The Philippines ranked 115th among 180 countries in the 2023 Corruption Perceptions Index (CPI) of global anti-graft watchdog Transparency International, improving from its 116th ranking in 2022.

NEDA calls for early passage of Open Access in Data Transmission bill

NEDA said the bill promotes more competition in the telecommunications sector by removing the requirement of a legislative franchise for players seeking to build their networks.

Google rebrands its AI tool Bard into Gemini

With the field of artificial intelligence (AI) now becoming a major battleground among tech companies, Internet giant Google revealed on Thursday, Feb. 8, that Bard, its AI solution, will now become known as Gemini.

IBM teams up with NCS to prepare Asean for ‘quantum’ threats

Tech titan IBM and multinational IT company NCS held a virtual media briefing on Wednesday, Jan. 31, to announce the signing of an agreement formalizing their collaboration to prepare the Asean region for the growing threat posed by advancing quantum computing.

Coins.ph eyes OFW remittances, bares global expansion

Homegrown crypto platform Coins.ph is aiming to capture a pie of the multi-billion remittance market from Overseas Filipino Workers (OFWs) as it announced a bold leap onto the global stage with an ambitious expansion plan into Australia, Europe, Africa, and Latin America.

NEDA vows to accelerate connectivity, digital transformation in gov’t

The National Economic and Development Authority (NEDA) said the goals of the government's Philippine Development Plan (PDP) could be achieved by faithfully carrying out the plan’s transformation agenda in 2024 and in the coming years.

Online sites urged to stop selling hazardous skin whitening products

On the eve of the “2.”2 online shopping sales, the toxics watchdog group EcoWaste Coalition reprimanded online shopping sites for their failure to rid their platforms of products containing hazardous substances such as mercury.

Accenture opens generative AI studio in PH

Accenture said it sees widespread adoption in the workplace of key technologies such as AI, immersive artificial environments, and human-machine interfaces with more “human-like” and “human-centric” qualities.

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