What’s Happening in the Philippines, Local News and Philippine People
TLDRs; Amazon’s stock dropped 1.4% after an AWS Bahrain disruption sparked worries about heavy AI spending. Investors are assessing Amazon’s $200 billion 2026 capital expenditure as cloud risks loom over shares. Middle East drone activity disrupted AWS operations, underscoring vulnerabilities
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TLDR Q4 revenue declined 14% to $1.10 billion from $1.28 billion a year earlier. Sales of hardware and accessories decreased to $535.6 million from $725.8 million. Collectibles now account for approximately one-third of total sales, rising from 21% the previous
MoreTLDR Epic Games is reducing its workforce by 1,000 positions because of declining Fortnite player engagement that began in 2025. According to CEO Tim Sweeney, the company is “spending considerably more than it earns.” The company has pinpointed $500 million
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(AsiaGameHub) – Alberta appears to have provided the first clear timeline for launching its regulated iGaming market in the Canadian province. The province’s regulator, Alberta Gaming, Liquor & Cannabis (AGLC), has released a guidance document for the iGaming transition
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(AsiaGameHub) – The Care Quality Commission (CQC) has called on the UK’s new gambling harm treatment commissioners to maintain continuity during the shift to a statutory levy. Charities part of the National Gambling Support Network were commended for delivering
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(AsiaGameHub) – Louis Theroux’s in-depth investigation into the ‘manosphere’ and contemporary media consumption habits has highlighted a troubling strategy used by unregulated operators to attract a fresh audience to their sites. While the bulk of his new Netflix documentary
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(AsiaGameHub) – Grupo Codere has allegedly hired Jefferies and Macquarie Capital to provide advisory services for the company’s planned $2.3 billion sale. Spanish business publication Expansion, through Reuters, reported on Wednesday that though the sale remains in its early
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(AsiaGameHub) – As AI continues to transform the software landscape, some voices in the tech industry are now questioning whether SaaS platforms are growing increasingly interchangeable. The common reasoning goes: if code can be generated extremely quickly, platforms are
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(AsiaGameHub) – Allwyn AG has finalized the business merger of Allwyn International AG and OPAP to establish the second-largest listed lottery and gaming operator, a transaction it believes can shape the future of the iGaming industry. The deal was
More(AsiaGameHub) – WEMADE is set to roll out the global edition of Legend of YMIR on Steam at 10:00 AM KST on April 7, 2026. This launch expands the company’s PC distribution reach as it aims to grow the
More(AsiaGameHub) – STS has become a member of the International Betting Integrity Association, bringing one of Central Europe’s largest regulated sportsbook brands into the broader integrity network. The agreement connects STS to IBIA’s Global Monitoring and Alert Platform and
More(AsiaGameHub) – Sportradar Group AG has introduced Playradar, a fresh iGaming brand designed for operators seeking to integrate sports content and casino offerings into a unified platform. This launch marks a significant expansion of Sportradar’s iGaming strategy, with a
More(AsiaGameHub) – On Tuesday, a jury based in Santa Fe ordered Meta to pay $375 million in civil penalties following a six-week trial examining child safety practices on Facebook and Instagram. The ruling secured a win for New Mexico
More(AsiaGameHub) – New Jersey is edging closer to prohibiting micro bets, one of the speediest types of in-game wagering. On March 23, a Senate committee approved SB 2160, sending the bill to the Senate floor for a second reading.
MoreTLDR GME stock declines even with robust earnings and increasing cash holdings Earnings surpass predictions, while annual revenue sees a significant drop Margin improvements are driven by cost reductions despite falling sales Growth in collectibles balances out declines in hardware
More(AsiaGameHub) – Financial institutions are divided on prediction markets. While certain companies are expanding into the space, others are prohibiting staff participation due to increasing regulatory worries. Good to Know Trading in prediction markets has been prohibited for employees
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(SeaPRwire) – Stripe has just introduced a product that transforms the way money flows across the internet. For those keeping a close eye, this development directly accounts for the rising investor interest in DeepSnitch AI as the presale enters
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(AsiaGameHub) – A recent Australian study has examined the influence of gambling marketing on the attitudes of women in Victoria. According to researchers, contemporary advertising, influencer material, sports affiliations, and brand initiatives are normalizing betting and downplaying its associated
More(AsiaGameHub) – California lawsuits are applying new pressure to Whatnot regarding how sports card breaks are sold on its platform. Plaintiffs argue the format amounts to illegal gambling, but the company disputes this and states gambling is prohibited on
MoreTLDR Meta’s stock drops 1.86% to $593.11 following news of its AI CPU partnership Meta collaborates with Arm to create CPUs for large-scale AI workloads The new Arm AGI CPU handles AI training, inference, and general computing tasks The chip’s
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