Coffee Break | The Manila Times

Tuesday, July 7, 2026
Today's Paper

Coffee Break

epa10817296 People visit the Microsoft's XBox booth at the Gamescom gaming convention in Cologne, Germany, 24 August 2023. The Gamescom gaming convention 2023 takes place from 23 to 27 August. The Gamescom gaming convention is the largest games fair in the world gathering the most important international players. EPA/FRIEDEMANN VOGEL

Sunday Business & It

Microsoft cuts 4,800 jobs as it revamps Xbox

WASHINGTON — Microsoft said Monday it was eliminating about 4,800 jobs -- roughly two percent of its global workforce -- in a cost-cutting move that will deliver a sweeping restructuring of its struggling Xbox gaming division.The cuts include the deepest overhaul in Xbox's history, with approximately 3,200 gaming jobs to be shed over the coming fiscal year, including positions at four studios that are being spun off or sold.The announcement is the latest in a string of mass layoffs by the technology giant as it spends massive amounts of money to stay in the artificial intelligence race,

By Agence France-Presse - July 7, 2026

PNB Holdings preparing for listing by introduction

ACEN unit sells stake in India wind project

Asiabest planning to fold in two firms

Diesel, kerosene prices to increase this week

Foreign Business

Foxconn second-quarter revenue jumps, company cautions on geopolitics

Foreign Business

For one small business, AI was key to a quick start and expansion

Foreign Business

India eyes oil exploration expansion after Middle East war shortages

Foreign Business

Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal, FT reports

PSEi seen tracking June inflation result

PSE eyeing reforms to attract investors

Bitstar Telecom now offering enterprise internet services

Batangas co-op seeks private sector partner

Digital Edition

Today's Front Page

TOAST TO FREEDOM
President Ferdinand Marcos Jr. offers a toast during Vin D' Honneur ( wine of honor) to government officials and diplomatic corps at the Malacañan Palace on June 12, 2025, the 127th anniversary of Philippine Independence. A vin d'honneur is one of two official receptions hosted by the President of the Philippines in Malacanang. The other is on New Year's Day. PHOTO BY YUMMIE DINGDING / PPA POOL

Marcos to international allies: 'We build bridges, not walls'

Blinken calls out China's 'increasingly dangerous' acts in South China Sea

Marcos: PH, Singapore to expand economic collaboration

Sara accepts drug test challenge

Hot Friday as 'habagat' weakens