Friday, June 14, 2013
Thursday, February 16, 2012
After aggressively expanding its Internet café network through acquisitions (Netopia and CyBr cafes) and franchising, IP E-Game Ventures Inc. (E-Games) was seen to be aiming for the domination of the online gaming business in the Philippines. However, E-Games pulled a surprise on Feb. 14 when it revealed that it has agreed to sell its game publishing business to main rival Level-Up Inc. (LUI), the country's pioneer online gaming company. The company said the merger would result in future operational synergies and savings.
In a press release, E-Games announced it would transfer to LUI most of its titles and assets relating to its game publishing business. In the deal, it will receive equity in LUI, a
Saturday, February 11, 2012
Anti-Cybercrime Bill (Senate Bill 2796) last January 30, 2012. The bill, among the items in its Section 3 - Definition of Terms refers to "Service Provider" as:
1) any public or private entity that provides to users of its service the ability to communicate by means of a computer system; and
2) any other entity that processes or stores computer data on behalf of such communication service or users of such service.