Posted inBusiness, Tech News

Meralco’s MGen to acquire majority stake in SPNEC for Php15.9 billion

Meralco is poised to become the majority owner of SP New Energy Corp. (SPNEC). MGen Renewable Energy Inc. (MGreen), a subsidiary of the company’s power generation arm Meralco Powergen. Corp (MGen), will invest Php15.9 billion in SPNEC, comprising 15.7 billion common shares plus 19.4 billion redeemable preferred voting shares. This gives MGreen a 50.5-percent voting […]

Posted inGovernment, Tech News

DTI launches CARe System to combat trade malpractice

The Department of Trade and Industry (DTI) in the Philippines has unveiled the web-based Consumer Complaint Assistance and Resolution (CARe) System to address increasing number of consumer complaints. Trade Secretary Alfredo Pascual has stressed the importance of safeguarding consumer rights, especially amidst the rising demand in e-commerce. He has called on e-commerce platforms to minimize […]

Posted inAppliances

XTREME Appliances released its new Cordless Vacuum, Microwave Oven

XTREME Appliances, with its ever-expanding portfolio of home appliances, is bringing the notion of comfort at home through ease of use as it introduces the Cordless Vacuum and Microwave Oven. Cordless Vacuum With its commitment to bringing cutting-edge technology with its products, the household brand, under the XTREME Home banner, inaugurates the XTREME Cordless Vacuum […]

Posted inGaming

Sony PlayStation Access Controller aims to improve gaming experience of people with disabilities

Sony has announced a new groundbreaking controller designed to improve gaming accessibility for people with disabilities. The Access Controller, created in collaboration with accessibility consultants, aims to address the unique needs of disabled gamers and make gaming experiences more inclusive. This effort aligns with the gaming industry’s ongoing commitment to enhancing accessibility in gaming. Over […]

Posted inBusiness, Tech News

Netflix plans to open shows and movies-inspired retail destinations in 2025

Netflix is reportedly planning to enter the physical retail space by launching retail destinations called Netflix House. These locations will offer a unique combination of a shop, a restaurant, and immersive entertainment experiences, all themed around the hottest shows and movies on Netflix. While detailed information such as the actual locations of these spaces have […]