China’s Ministry Of Commerce Decides on Enabling Integration Of Substantial Portions Of HGST And WD Subsidiaries

Wazzup Pilipinas!

Western Digital Corporation announced a decision from China's Ministry of Commerce ("MOFCOM"), which enables the company to integrate substantial portions of its HGST and WD subsidiaries under Western Digital Corporation ("Western Digital"). As a unified entity, Western Digital's extensive technology capability, deepened patent and product portfolios, and talented global team will further drive its ability to innovate and lead in the changing data storage industry.

The agency's decision is the result of an ongoing dialogue regarding the "hold separate" restriction associated with Western Digital's acquisition of HGST in March 2012. As part of the agreement with MOFCOM, and in order to leverage the rich storage industry heritage of each long-standing brand, Western Digital will continue to offer both HGST and WD product brands in the market and maintain separate sales teams for two years from the date of the decision.

"The decision announced today positions us for continued growth and long-term value creation," said Steve Milligan, chief executive officer of Western Digital. "HGST and WD are an exceptional combination, and together, we will set the pace for innovation in this dynamic and evolving industry."

Integration activities will begin immediately and are expected to continue over the next 24 months. Western Digital expects the integration of corporate and other key functions, including research and development, heads and media operations, engineering and manufacturing, will result in significant opportunities for growth, synergies and cost savings consistent with the levels previously outlined by the company.

Independent Web Series "QC" to Hold Screening of Episode 1 "Krus Na Ligas"

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In 2014, they produced the first episode of an independent web series entitled Q.C., created by Carlo Pacolor Garcia.

Set during the early 2000s, Q.C. is about a gang of misfits who’s always getting themselves into trouble. Until one day, they come across Sito, a rather pensive young man who doesn't seem to know what to do with his life. Fascinated by the group's anarchic streak and outlandish bravado, he tags along their merry and oftentimes destructive bouts of misadventures – only to find out that what enthralled him in the first place, the jolt he’s been searching for, is the very thing what will confound and ultimately break him.

They are holding a series of screenings in different bars, cafes, & spaces in Quezon City starting at UP Diliman Videotheque on October 30 at 5PM & 7PM. The first episode, Krus Na Ligas, will be screened during these events.

Their series of screenings aim to promote not only Q.C., but also the the Philippine independent film, music, and arts industry. It is a celebration of all the independent artists who struggle to be able to create and share works of art without compromising the creativity and honesty of their content.

Globe Supports Mondato Forum on Mobile Finance & Commerce

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As the country’s leader in providing innovative digital services, Globe Telecom is supporting the Mondato Summit, an exclusive thought leadership forum on mobile finance and commerce.

On October 20th and 21st, the Mondato Summit Asia will be held at the Makati Shangri-la where leading experts and their peers come together in an intimate setting to undertake substantive dialogue to uncover actionable insights and advance common objectives. The event will gather decision-makers and influencers focused on the mobile finance & commerce (MFC) ecosystem in Emerging Asia. This is the first Mondato Summit Asia to be held in the Philippines. Last year, the forum was held in Singapore.

“Globe believes that innovation can be applied across a range of various platforms not only in technology but also in mobile finance and commerce. In supporting the Mondato Summit, we hope to bring in the innovative spirit of stakeholders in mobile finance and commerce. To help our nation move forward, there is a need to promote greater social inclusion and faster adoption to ICT to support our ability to transform society,” said John Rubio, President & CEO of Globe Fintech Innovations Inc.

Mondato Summit is expected to deliver indispensable knowledge, practical solutions, stimulating engagement, and invaluable contacts in a quest to help stakeholders navigate the fast growing, but highly fluid and complex, MFC space. The Summit format is designed to encourage interaction and create opportunities for department heads from banks, telcos, retailers, investors, development finance institutions/donors, policy makers/regulators, innovative start‐ups, media and others, to discuss real problems in the MFC space, and propose actionable, collaborative solutions.