News

Google will promote original reporting with algorithm change

Original reporting will be highlighted in Google’s search results, the company said as it announced changes to its algorithm. The world’s largest search engine has come under increasing criticism from media outlets, mainly because of its algorithms—a set of instructions followed by computers—that newspapers have often blamed for plummeting online traffic and the industry...

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A balanced lifestyle awaits at the metro’s greenest urban estate

Clusters of towering modern structures featuring the latest trends and technologies afforded urbanites an unparalleled level of comfort, convenience, and luxury, but living in this dense concrete jungle can also deprive one of lush greenery, wide-open spaces, and fresh air. Healthy living becomes more elusive with the lack of ample spaces for activities, unless more efforts are thrown towards bala...

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BSP seen to cut rate soon

A benign inflation environment —with prices last month having risen at their slowest pace in almost three years, thanks to a large degree to the Rice Tariffication Law—may prompt the central bank to implement another round of monetary easing as soon as this month. Speaking to reporters Friday morning, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said the 25-basis-point reduc...

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SSS targets increased digital transactions

STATE-RUN Social Security System (SSS) is targeting a threefold increase in online transactions by next year to streamline services and save on operating expenses. SSS President and CEO Aurora C. Ignacio said the pension fund wants digital transactions to reach 32.3 million by 2020 from the current 10.54 million done via its six electronic channels. “We’re looking to turn the tab...

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Creative entrepreneurs told to tap local market

CEBU creative entrepreneurs are encouraged to take advantage of the strong buying power of the domestic market as the industry aims to boost its economic potential. The Cebu Design Week (CDW), happening on Sept. 13 to 15, 2019, is gathering creative players to enable them to connect with local consumers and potentially collaborate with suppliers, said Laurie Boquiren, CDW marketing chairperson....

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Google agrees 945-million-euro tax settlement with France

PARIS - US internet giant Google has agreed a settlement totaling 945 million euros ($1.0 billion) to end a tax dispute in France under an agreement announced in court on Thursday. The company will pay a 500-million-euro fine for tax evasion, as well as a further 465 million euros to settle claims with French tax authorities. In a statement, Google confirmed the settlement and hailed the fac...

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