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‘You can’t pause AI,’ says Leonen as he tells law schools to cope with change

Supreme Court (SC) senior associate justice Marvic Leonen warned law schools in the country to cope with emerging technologies, particularly AI or artificial intelligence, or risk falling behind.

Marcos Jr. signs Internet transactions bill into law

The passage of the Internet Transactions Act of 2023, signed as Republic Act No. 11967, is expected to provide the public with the mechanisms to confidently embrace the digital economy.

Pinoys remain positive on e-wallets despite issues encountered: study

A new report from Nomura Research Institute (NRI) has shown the remarkable preference for e-wallets among Filipinos, undeterred by the issues they have encountered in the ever-evolving digital payment landscape.

SEC mulls blocking access to Binance’s platforms in PH

In line with the issuance of its advisory, the Securities and Exchange Commission (SEC) said it will request assistance from the National Telecommunication Commission (NTC) and the Department of Information and Communications Technology (DICT) to block access to Binance in the Philippines.

Binance halts marketing activities in PH after SEC issues advisory

Embattled online cryptocurrency exchange Binance has ceased its marketing efforts in the Philippines after the Securities and Exchange Commission (SEC) issued a public advisory against the company for operating without a license in the country.  

Survey: Pinoys inseparable from their smartphones, spend 86% of day on mobile device

A new study from telecom firm Telenor Asia has revealed that Filipinos are most likely to have their mobile on them at all times, with 24% saying they are never without it, compared to the regional average of 14%.

US venture firm inks pact with DICT to create collaboration platform for PH startups

The “Horizon Philippines” initiative seeks to catalyze the creation of new intellectual property assets through a collaboration platform for startups in three vital Philippine industries -- BPO, overseas Filipino workers (OFWs), and electronics assembly.

At 36%, shopping scam rate in PH highest in 11 Asian countries

The 2023 Asia Scam Report released at the 1st Anti-Scam Asia Summit in Taipei revealed that the shopping scam rate in the Philippines reached 35.9 percent -- the highest among 11 Asian countries surveyed.

Senate expunges DICT’s P300-M confidential fund but allows P280-M ‘line item budget’

Sen. Grace Poe, the budget sponsor of the DICT, said instead of granting the agency a P300-million confidential fund, the amount of P280 million was put in a line item budget “so that it’s easier for us to be able to monitor it.”

PH taps US firm for AI-powered weather forecasting system

US-based meteorology company Atmo has signed a memorandum of agreement with the Department of Science and Technology (DOST) to build a high-resolution weather forecasting system for the Philippines using artificial intelligence (AI) technology.

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