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ZTE Reports Revenue of RMB 90.04 Billion and Net Profit of RMB 7.91 Billion in the First Three Quarters of 2024

ZTE Corporation, a global leading provider of integrated information and communication technology solutions, announced a revenue of RMB 90.04 billion for the first three quarters of 2024, an increase of 0.7% year-on-year. According to ZTE's results announcement, during the period, the net profit attributable to holders of ordinary shares of the listed company amounted to RMB 7.91 billion, representing an increase of 0.8% year-on-year, while the net profit after extraordinary items attributable to holders of ordinary shares reached RMB 6.90 billion. Net cash flows from operating activities totaled RMB 8.05 billion. In the first nine months of 2024, despite a complex and challenging external environment, ZTE maintained precise and pragmatic operations, ensuring stable management. The company actively capitalized on the development trends of the ICT industry, accelerating technological and market-driven innovation, while significantly enhancing its operational efficiency and management

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Sellers in Storm-Hit Bicol to Get Ccashback as Aid From Fast-Rising E-Commerce App Enstack

In response to the devastation caused by Severe Tropical Storm Kristine, e-commerce platform Enstack will provide cashback assistance to its merchants in the Bicol Region to help them recover and rebuild their businesses. Enstack, a rapidly growing all-in-one online store builder, has become a vital platform for nearly 200,000 entrepreneurs since its launch in October 2022, offering tools that enable them to manage their businesses through the app 100%. "Our motivation stems from the profound impact of the storm on our merchants' livelihoods. At Enstack, we see our role as more than just providing tools for business, but as partners who stand by our sellers, especially during difficult times. Offering cashback assistance is our way of directly alleviating some of the financial strain they're facing," Enstack CEO and co-founder Macy Castillo said. The special cashback program is available for orders made in the Enstack app of business owners based in the provinces of Camarines Sur, C

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Fortinet Named a Leader in the 2024 Gartner Magic Quadrant for SD-WAN for the Fifth Year in a Row

Fortinet, the global cybersecurity leader driving the convergence of networking and security, today announced that it has been named a Leader in the 2024 Gartner Magic Quadrant for SD-WAN, marking the fifth consecutive year it has been recognized. Fortinet is also the only Leader positioned highest in Ability to Execute for the fourth year running in the Magic Quadrant for SD-WAN. Fortinet Secure SD-WAN transforms wide area networks (WANs) by enabling resilient architecture and flexible security deployments on-premises and in the cloud with digital experience monitoring powered by advanced machine learning. Fortinet believes its consecutive recognition as a Leader underscores the strength of its SD-WAN offering, which includes: A robust and converged feature set: Backed by the unified FortiOS operating system and proprietary ASIC technology, Fortinet Secure SD-WAN includes next-generation firewall capabilities, universal zero-trust network access application gateway functionality,

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GCash Brings Fun, Prizes, and Financial Access to Barangays

GCash is bringing smiles and prizes to Filipinos as it stages barangay tours in Metro Manila! The barangay roadshows will give more Filipinos access to financial resources to help them thrive everyday and be ready for rainy days. Through its ​​team-up with the noontime TV show It’s Showtime, GCash reaches millions of Filipinos with fair lending solutions that only used to be available to a select few. “Nine out of 10 Filipinos borrow money to cover day-to-day expenses, emergencies and financial or life goals but there is still a significant demand for accessible lending options.” said Baby Aquino, Chief Product and Strategy Officer, Fuse Lending, Inc. “Barangay GCash is our way of introducing lending solutions to Filipinos who need them. We want to let everyone know that help is now just a few taps away, and we hope to do so through inspiring stories and fun activities.” During the Barangay GCash segment of It's Showtime, lucky residents shared their personal experiences and received

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Yondu Launches Knight Wolf, a VAPT Cybersecurity Service for Businesses

In a move to bolster cybersecurity in the Philippines, leading IT solutions firm Yondu Inc. has unveiled Knight Wolf, its flagship Vulnerability Assessment and Penetration Testing (VAPT) service. Knight Wolf enables local enterprises to proactively detect and neutralize digital security vulnerabilities through its state-of-the-art technology and comprehensive suite of VAPT services. Yondu recently showcased Knight Wolf at ROOTCON 18, a prominent hacking conference which brought together over 700 delegates including cybersecurity experts and industry leaders, provided a platform for Yondu representatives to deliver presentations on best practices in cybersecurity and share insights into their experiences with VAPT. Dennis Sanchez, Chief Information Security Officer of Yondu, emphasized that in the race against cyber threats, preemptive defense is crucial. “Knight Wolf offers unparalleled security knowledge for businesses, allowing them to operate without the fear of digital incursio

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iPhones are For Everyone: Apple’s Premium Device Remains Home Credit’s Top Mobile in 2024

Home Credit Philippines (HCPH), the country’s leading consumer finance company, anticipates a steady increase in its iPhone sales, projecting a total of ₱10 billion worth of sales by the end of the year, a 66% increase from its 2023 sales of ₱6 billion. This makes the iPhone the top mobile sold by the company for two years in a row. The forecasted surge is based on Home Credit’s strong sales from the previous year and the excitement surrounding Apple’s latest iPhone model releases. According to the company’s recent sales report, the steady growth represents an average of 250% year-on-year sales increase since Home Credit started financing iPhones in 2013. Among the factors that drive sales is the growing popularity of iPhones among Filipinos, whether for personal or professional use. Known for its cutting-edge technology and premium quality that solidifies its standing as one of the best smartphones on the market, the demand for iPhones, according to Home Credit’s sales data, has sur

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Charge, Play, and Dominate: Professional Gamers React to The Brand New realme 13 Series 5G

When it comes to gaming, every second counts. From perfectly timed headshots to executing complex moves in the heat of battle, gamers know that all-around performance is key. And it’s not just about one’s skills, the device of choice plays a huge factor in racking up all those victories. The brand new realme 13 Series 5G, launching on October 24, is poised to redefine mobile gaming with its promise of "Limitless Speed to Victory." Already making waves as the Official Gaming Smartphone for this year's international Esports tournament for Honor of Kings, the 2024 Honor of Kings Championship, the realme 13 Series is proving its dominance with unmatched performance and gaming prowess. Featuring the realme 13+ 5G and realme 13 5G, this series is set to impress with its exceptional gaming performance, advanced cooling systems, and unrivaled charging speed. To further win over Filipino consumers, top names in the local gaming scene like Falcons AP Bren and the iconic duo OhmyV33nus and Wise

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PNY: Leading the Way in Graphics and Computing Solutions

Founded in 1985 in New York, PNY Technologies has become a trusted name in the technology industry, providing innovative products and solutions across multiple sectors. As an American company with a strong global presence, PNY—which stands for Paris, New York—has carved out a niche in digital imaging, computer graphics, and data storage. The company's name reflects its origins, as the founder initially conducted business in both Paris and New York before establishing PNY Technologies in 1985. Over the years, PNY has continued to deliver cutting-edge technology, competing with some of the biggest players in the market. PNY's partnership with NVIDIA began in 2006, marking a significant milestone in the company’s growth. Initially focused on the sales and distribution of Quadro professional graphics cards, PNY played a key role in bringing workstations, cloud servers, and data center systems to the U.S. and European markets. This strategic collaboration has been essential in positioning

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Daily Fantasy Partners with MPBL For Fantasy Sports, Bringing Filipino Basketball into A New Era 

An exciting development for basketball fans across the Philippines comes as Daily Fantasy, the country's first fantasy sports platform, and the Maharlika Pilipinas Basketball League (MPBL) announce their partnership, taking Filipino basketball into a new era. Effective for the 2024 season, the partnership is set to add an unprecedented layer of excitement to live matches as it allows fans to build their own fantasy MPBL teams featuring their favorite players. "We aim not only to provide our users with more ways to enjoy local sports but also to elevate the experience for loyal MPBL fans and add a deeper connection to the league," said Carlos Molina, Daily Fantasy Marketing Manager. Already available for sports enthusiasts to use, players can access the games via the website, with an Android app also available for download via APK. What sets Daily Fantasy apart is its commitment to providing an authentic Filipino fantasy basketball experience. Its key features include a 10-minute ad

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Almost Half of Industrial Companies Experience Network Problems Monthly

One in three industrial companies encounter regular network problems, with 45% of businesses experiencing them a few times a month, while only 12% of respondents stated they face such challenges once a year or less. These were the concerning findings highlighted by Kaspersky in its report, which investigating the network and information security challenges faced by geo-distributed companies Industrial companies usually operate using a geographically distributed infrastructure with factories, branch offices and other critical facilities located in different sites. This peculiarity can lead to a series of problems such as logistical issues, communication barriers, difficulties in coordinating operations, maintaining consistent quality standards and ensuring compliance with local regulations. In addition to the challenges mentioned above, industrial enterprises with multiple locations regularly face IT infrastructure and information security issues. According to the Kaspersky report ti

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