MANILA, Philippines – Individuals will have to surrender more personal data as an offshoot of the coronavirus pandemic in the coming year and companies and governments will have to redouble their efforts to protect that information, according to a global cybersecurity firm. In particular, Palo Alto Networks said efforts to improve contact tracing — necessary to rein in the spread of COVID-19 — will take on greater importance in 2021 as the private and public sectors strive to reopen economies and national borders. “Despite the data privacy conversation circulating for several years – with wariness around the use of data by some big tech companies and general data protection regulation compliance continuing to be a challenge for companies – it is contact tracing that has really made individuals sit up and take notice of data privacy,” the company said. Rigorous contact tracing and timely access to accurate and complete data have proven to be a key factor in “flattening the curve” ... » Learn More about Stronger cybersecurity urged to protect personal data
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The COVID-19 pandemic has brought about significant changes when it comes to the role of managers in businesses. Image: Unsplash via AFP Relaxnews. Whether it’s managing workers remotely, rallying teams while lending an attentive ear to each individual, or juggling time spent in the office and time working remotely, COVID-19 has reshuffled the cards when it comes to the role of managers working in businesses worldwide. What if, in the coming year, lessons learned in the pandemic were taken onboard to make way for a more horizontal approach to management, drawing on the idea of permaculture in the workplace? Welcome to Episode 5 of ETX Studio’s “After Calendar” of incoming trends for 2021. “Before, managing was about motivating teams and moving forward together to achieve results. Today, you have to manage fragility. It’s new emotional territory in the workplace. At any time, you know that your troops can crack. And you yourself are shaken up by the context, the uncertainty. So ... » Learn More about 2021: The year of ‘perma-management’?
Telco giant Globe Telecom is looking at satellite internet services to cover remote areas in the country. Globe said in a statement it was working with US-based Curvalux, the company behind the CurvaNet satellite constellation project. CurvaNet will have 240 low earth orbit satellites providing high-speed and affordable broadband around the world. “The CurvaNet satellite constellation will be able to deliver affordable broadband internet to even the most remote areas beyond the reach of any telecom towers, infrastructure or electricity with the use of its proprietary low-cost, solar powered customer terminal,” Globe said. Globe said it was also tapping Curvalux’s broadband wireless technology for its ongoing network upgrade. It said the American company’s patented “phased array multibeam broadband system” provided better coverage, was more cost efficient and can run on solar panels and batteries. “This dramatically reduces operational costs and enables deployment of the ... » Learn More about Globe looking at satellite broadband for remote areas
Property developer DoubleDragon Properties Corp. has priced the initial public offering (IPO) of its real estate investment trust (REIT) right at the maximum of P2.25 per share, finalizing the size at P14.7 billion, or the largest REIT offering in the country so far. At P2.25 a share, the projected dividend yield as stated in the REIT plan is 5.07 percent for 2021 and 5.45 percent for 2022. Gerry Valenciano, president of PNB Capital, one of the underwriters, said the offering had been oversubscribed by 1.78 times the base offer. This robust demand allowed DDMP (DoubleDragon Meridian Park) REIT to price the maiden offering at the top end of the range. “Throughout the book-building period, we received overwhelming demand and interest from high-quality local institutional investors,” he said. DoubleDragon chair Edgar Sia II said the overallotment option had been fully exercised. The base offer consists of 5.94 billion common shares with an overallotment option of up to 594.25 ... » Learn More about DoubleDragon sets REIT right IPO price, size
Dr. Reginald Christian Bernardo in a photo he captioned “Expelliarmus.” Image: courtesy of Dr. Reginald Christian Bernardo After earning the title of being the country’s first homegrown gravitational physicist, Dr. Reginald Christian Bernardo made headlines in recent months, and only rightfully so. Despite this newfound fame, the scientist wants to emphasize to fellow Filipinos that there have been several other Filipino gravitational physicists before him, albeit not being “homegrown.” He points out that the era of gravitational physics in the Philippines started way back in 1970 when Dr. Roger Posadas obtained his Ph.D. under the supervision of renowned theoretical physicist Ezra Newman from the University of Pittsburgh in the United States. Noting that while the 1970s is not only the era that is “darkest in Philippine history,” it is also the time when the most respectable physics programs in the country were “only at their infancy.” Following Posadas, it took around ... » Learn More about ‘Put scientists at decision-making front lines,’ urges PH’s 1st homegrown gravitational physicist Reginald Bernardo