Enterprise

Philippine Internet turns 22 today, but it hasn’t aged a lot

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Today marks the 22nd anniversary of the Philippines’ connection to the World Wide Web, which might set off waves of nostalgia for some of you who may be old enough to remember the infancy of Internet culture in the country. 

I can hardly remember when I first hooked up my computer using a prepaid dial-up service — Internet cards were all the rage back in the early 2000’s — but I’m certain my use of the Internet involved a lot of time spent listening to the now-iconic modem handshake tone and waiting, and then more waiting. Oh, how I wish I could get all those idle hours back. (Insert situational GIF here.)

But enough about me, let’s talk about how where the Philippines is right now in terms of Internet adoption. Spoiler alert: Things don’t look rosy if the latest State of the Internet Report by networking-services company Akamai Technologies is to be believed. In fact, judging by how local Internet service providers have performed the past quarter, you could argue that the Philippines hasn’t matured enough with time. Which is a bit like saying the rest of the world has moved on to HTML5, whereas we’re still collectively living in the Adobe Flash Player era. Or that we’re rooting for Michael Jordan and the 90’s Chicago Bulls to win the NBA championship in 2016.

Akamai State of the Internet Report Q4 2015

PH ranks second-worst in terms of average download speed in the Asia-Pacific region

The Philippines, based on Akamai’s Q4 2015 survey, has the second-worst average broadband connection speed in the Asia-Pacific region, barely besting only India (3.2Mbps vs. 2.8Mbps). The country’s peak download speed of 27Mbps also trails most of its Asian neighbors, with only China and India faring worse. On a slightly positive note, the numbers have improved drastically year-over-year, which might indicate better days are ahead. Or at least I’d like to think so, what with the proliferation of residential fiber-broadband access and increasing competition between service providers. And I don’t mean the kind of competition that’s led to Australian telecom giant Telstra waving the white flag on a joint venture with San Miguel Corporation, as unfortunate as the situation with the local telecom industry is.

Speed is the metric by which consumers judge ISPs — and this holds true even for the nation with the second-slowest Internet speed in all Asia. Thankfully, more and more broadband companies are learning that lesson, as shown by the recent surge in fiber-network rollouts since the previous year. Akamai estimates around 2 percent of broadband subscribers in the Philippines are able to connect to the Internet at speeds higher than 10Mbps, which represents a triple-digit growth (from a low base) compared to the same period a year ago. So what’s the takeaway from all of this? We’re not where we want to be, but the industry is moving somewhat in the right direction, if at a snail’s pace. Which means it could be some time before things get much better.
[irp posts=”7566″ name=”Singapore, S. Korea dominate 4G LTE rankings, Philippines struggles”]
Source: Akamai
Image credit: The Taft Life

Enterprise

TikTok finally gets a buyer in the United States

The deal targets a closing date in late January.

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iKKO Mind One

The year started with a ban. A day before Donald Trump started his second term, TikTok went dark, in anticipation of an impending ban. The platform quickly went back online, leading to an ultimatum that saw TikTok hunt for an American buyer to full stave off a definitive ban in the United States. Now, as the year ends, a buyer is finally here.

Via CNBC, TikTok has reportedly inked a deal to finalize a deal in the United States, as stated in an internal memo from CEO Shou Zi Chew. The memo, which was sent just this week, details a plan that will see the deal close by January 26, 2026.

Fifty percent of TikTok’s newly restructured U.S. arm will be held by a collection of American investors including Oracle, Silver Lake, and MGX. Meanwhile, already existing investors of TikTok will hold 30.1 percent. Finally, ByteDance will retain 19.9 percent.

Additionally, TikTok’s algorithm in the United States will be retrained with American data. The American arm will also handle the country’s “data protection, algorithm security, content moderation, and software assurance.” Oracle will be the “trusted security partner” in charge of making sure the company keeps within regulations in the country.

With a deal pushing through, the long-running TikTok saga in the United States might finally come to a close.

SEE ALSO: US, China have supposedly agreed on a TikTok deal

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Enterprise

AgiBot rolls out 5000th humanoid robot

Robotics company reaches milestone

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AgiBot has reached a milestone after the Shanghai, China-based robotics company rolled out its 5000th humanoid robot.

The milestone represents a step forward in AgiBot’s ongoing efforts to improve the mass production and practical use of embodied robotics.

AgiBot specializes in the development, mass production, and commercial deployment of such robots which have AI integrated onto them.

These robots are deployed across a wide range of commercial scenarios, including production lines, logistics sorting, security, education, and even entertainment purposes.

To date, the full-size embodied robot AgiBot A-Series has achieved mass production with 1,742 units. Meanwhile, the AgiBot X-Series, an agile half-size robot, has reached 1,846 units.

Lastly, the task-optimized AgiBot G-Series, designed for more complex operations, has reached 1,412 units.

Through widespread adoption across multiple industries, AgiBot is demonstrating the potential of embodied AI to drive industrial upgrades, transform service and production processes, and support broader digitization efforts.

Just recently, AgiBot has successfully deployed its Real-World Reinforcement Learning (RW-RL) system on a pilot production line with Longcheer Technology.

AgiBot’s RW-RL system addresses pain points in production lines such as relying on rigid automation systems. The robots learn and adapt directly on the factory floor.

And in just minutes, robots can acquire new skills, achieve stable deployment, and maintain long-term performance without degradation.

In addition, the system also autonomously compensates for common variations such as part position and tolerance shifts.

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Enterprise

Paramount just made a $108-billion counteroffer for Warner Bros.

Netflix’s offer is just for $82 billion.

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Late last week, “Netflix bought Warner Bros.” was a sentence often bandied around. The truth was, as always, far less glamorous. Netflix hasn’t bought the entertainment giant just yet. Rather, it just extended a lucrative offer, which gives other suitors and regulating agencies a chance to respond. And respond, they have. Paramount has just made a sizable counteroffer for Warner Bros. Discovery, totalling US$ 108.4 billion in value.

Much like last week’s report, the wording is crucial here. Netflix made an offer for Warner Bros. Paramount is making an offer for Warner Bros. Discovery.

Netflix’s offer of US$ 82.7 billion (or US$ 27.75 per share) hinges on Warner Bros. Discovery un-merging and forming two separate entities: the Warner Bros. arm and the Discovery arm. Netflix plans to buy the former, while the latter (along with its associated networks) will be free to break off into its own ventures. Should it be approved, the deal will be inked only starting around the latter half of next year.

On the other hand, Paramount wants everything, including the cable networks. It’s willing to pay US$ 30 per share, or US$ 108.4 billion.

The company counters that Netflix’s offer is “based on an illusory prospective valuation of Global Networks that is unsupported by the business fundamentals and encumbered by high levels of financial leverage assigned to the entity.”

The company further says that their previous six bids were never seriously considered by Warner Bros. Discovery, whereas the latter reached a unanimous decision with Netflix.

In terms of value, Paramount promises a combination of Paramount+ and HBO Max, as well as an infusion of sports like the NFL and the Olympics.

Though Paramount’s price is much higher than Netflix, it must also go through an approval process. It will expire on January 8, 2026.

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