Meta’s AI splurge lays bare its compute conundrum
Meta says renting out AI computing power is an option, but insists bigger profits lie in selling AI services
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ABS-CBN is now 84% content — and still losing money. Can P6 billion fix it?
Six years after losing its franchise, ABS-CBN still hasn’t found its way back to profit. Now, a P6-billion infusion of fresh capital could help change its fortunes.
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ABS-CBN talks up its ‘new’ future, but its new owners weren’t in the room
(1st UPDATE) Hours after Wednesday’s stockholders’ meeting, ABS-CBN discloses that its board had approved the corporate changes needed to accommodate the P6 billion in fresh equity that could substantially alter who owns the company
