Varacco uses IoT technology to boost coffee output
PHILIPPINE COFFEE company Varacco is helping local farmers use technology to boost output amid problems posed by climate change, aging farmers and outdated farming technologies.
Electric-vehicle maker Rivian simplifies output, cuts costs
NORMAL, Illinois — Electric-vehicle maker Rivian’s drive to cut costs and turn its first profit has removed over 100 steps from the battery-making process,...
Multisys is SME of the Year at IT-BPM Awards 2024
SOFTWARE provider Multisys Technologies Corp. won the SME of the Year award at the Solaia: The IT-BPM Awards 2024.
The award is for small-...
Infrastructure and gov’t support key challenges to PHL startups — report
THE PHILIPPINES faces several challenges that could delay its development of fully mature startup ecosystems, according to the Global Startup Ecosystem Index from StartupBlink,...
Crypto startup funding overcomes blow-ups to reach $100 billion
CRYPTO STARTUPS have drawn in roughly $100 billion of venture funding since the industry’s inception, after a recent pick-up in investment that coincided with...
NATO targets AI, robots and space tech in $1.1-B fund
LONDON — A consortium of North Atlantic Treaty Organization (NATO) allies has confirmed the first tranche of companies awarded funding as part of the...
Philippine MSMEs may benefit from AI-fueled cybersecurity automation
FILIPINO micro, small and medium enterprises (MSMEs) should use automated cybersecurity solutions powered by artificial intelligence (AI) amid rising cyber threats, according to Palo...
Tech investors should want more than startup unicorns
IT’S BEEN A DECADE since the term “unicorn” was coined by Silicon Valley venture capitalist Aileen Lee to describe startups that reached a $1-billion valuation. The name quickly became coveted. Yet today, unicorns aren’t so rare.
AI startup Perplexity says news summary tool has ‘rough edges’
PERPLEXITY AI, a startup building a real-time artificial intelligence (AI)-powered search engine to complete with Alphabet, Inc.’s Google, has launched a new feature that...
Manila moves up in ranking at the 2024 Global Startup Ecosystem Report
Manila moves up to 81-90, from 91-100 last year, in the Emerging Startup Ecosystem group ranking of the Global Startup Ecosystem Report 2024 (GSER...
Miguelitos eyes overseas franchise for ice cream, sees strong demand
FILIPINO ice cream maker Miguelitos International Corp. is set to launch franchises in New Zealand and Dubai as it expects strong international demand, according...
Short on curbside chargers, New York EV drivers are improvising
SITTING behind the wheel of her gray Tesla Model Y, Brooklyn resident Stephanie Doba uses her phone to punch the make, model and license...