Archives: Business

Facebook to Launch ‘Libra’ Cryptocurrency in next year

June 23, 2019 by onlineph | Comments Off on Facebook to Launch ‘Libra’ Cryptocurrency in next year | Filed in Business, Social Network, Technology

Mark Zuckerberg is planning to launch a cryptocurrency in 2020 hoping to change the global economy. Facebook is currently developing Libra currency with the help of various international organizations. This includes credit card companies, venture capital firms, and other tech giants.

Once launched, Libra will be integrated inside of Facebook Messenger and WhatsApp. Eventually, Zuckerberg hopes to make Libra accepted as a form of payment. This will lead the financial services to be built on top of its blockchain network. Readmore

Google bans Huawei effective immediately

May 27, 2019 by onlineph | Comments Off on Google bans Huawei effective immediately | Filed in Business, Featured, Google, Internet, SmartPhones, Technology
Huawei may no longer have access to Android updates and device certifications. This has been apparent after an executive order and the U.S. Commerce Department blacklist has been set in motion.

Huawei, including other companies, is now facing difficulties to pursue business with U.S. entities. Google has to comply with the new trade blacklist which includes Huawei and 68 of its subsidiaries. The said bar was enacted since last week after the Chinese tech giant was place on the Entity List. This bars the company from purchasing equipment from U.S. companies unless it gets approval from the government. However, Commerce Department is unlikely to give the permission as of the moment. Readmore

SSS new contribution rate and schedule of payment

March 19, 2019 by onlineph | Comments Off on SSS new contribution rate and schedule of payment | Filed in Business, Government, Public Service

The increase in the Social Security System (SSS) contribution rate and the pension fund for workers in the private sector will be implemented by April this year. The said increase is 12% from the recent 1 percentage point.

Concurrently, the minimum and maximum monthly salary credit (MSC) will rise up to P2,000 and P20,000, respectively. The MSC is where the 12 percent contribution rate will depend. Readmore

Bulacan International Airport Starts Construction This Year

January 24, 2019 by onlineph | Comments Off on Bulacan International Airport Starts Construction This Year | Filed in Business, Government, Public Service, Travel

The highly-anticipated New Manila International Airport in Bulacan is now one phase ahead from realization as San Miguel Corporation (SMC) President Ramon Ang announced that the project will break ground this year.

Last December 24, the National Economic Development Authority (NEDA) authorized the negotiation results of the project’s Concession Agreement (CA) between the Department of Transportation (DOTr) and San Miguel Holding Corporation (SMHC). Readmore

Facebook will be rolling in new Dating-service Features

June 19, 2018 by onlineph | Comments Off on Facebook will be rolling in new Dating-service Features | Filed in Business, Featured, Internet, Social Network, Technology

Facebook will be competing against dating apps to help users find long-term relationships. Mark Zuckerberg recently revealed that Facebook will be rolling in new dating-service features.

Though the design is expected to compete with dating apps such as Tinder and Hinge, Zuckerberg emphasizes that Facebook’s features will be different since it aims for people to develop a more meaning relationship rather than just hookups. Furthermore, though it is unclear on how developers will control the new features he had assured the users that safety and privacy have been prototype since the beginning. Readmore

Facebook dislike button now on trial

May 2, 2018 by onlineph | Comments Off on Facebook dislike button now on trial | Filed in Business, Internet, SmartPhones, Social Network, Technology

Facebook rolls out Reddit-style downvote button to its users in New Zealand and Australia. This new tool lets the users to give their feedback about comments and tells Facebook whether the comments are disrespectful or has bad intentions.

The downvotes are far from the upside-down thumb which Facebook used to have to indicate dislike. An information box pops out to explain why there are new arrows below the comments. Readmore

Google URL Shortener also known as goo.gl, is shutting down

April 12, 2018 by onlineph | Comments Off on Google URL Shortener also known as goo.gl, is shutting down | Filed in Blogging, Business, Google, Internet, Technology

The popular URL shortening service, Google URL Shortener also known as goo.gl, is shutting down. Firebase Software Engineer Michael Hermanto announced the closure of one of the most useful tools on the internet which allows users to easily share links, measure traffic online, and shorten URLs. Starting April 13th, new and anonymous users would not be able to create links through the console, but existing users can use the server for at least another year. After which, Google will discontinue the service completely. Readmore

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