Category Archives: Business

APPLE TO SUE LG FOR INFRINGEMENT OF INTELLECTUAL PROPERTY

March 20, 2015 Pol Pinoy Leave a comment

CUPERTINO, California (The Adobo Chronicles) – When Apple’s iPhone 6 and 6 Plus first hit the market last year, there were complaints that the new smartphone was easily bent because of its thin, aluminum casing. Instead of going back to the drawing board, Apple applied for and received a patent on the defective phone.

Now, Apple is suing smartphone manufacture LG for the latter’s latest product, the LG G Flex 2, accusing LG of infringement of intellectual property.

Contoured to fit the curve of your hand and angle of your face, the LG G Flex 2 is sleek, stylish and comfortable to use. With a flexible body that seamlessly moves from curved to straight and back again, the G Flex2 features a 5.5-inch full HD P-OLED screen, a 64-bit octa-core processor, 13-megapixel camera with laser auto focus, and a 3,000 mAH battery for fast charging and long-lasting performance. Plus, with its self-healing coating, the curved phone can recover beautifully from minor scratches – so it always looks like new.

“LG basically copied the bending mechanism of our iPhone 6 and 6 Plus,” a spokesperson for Apple said.

Apple is suing for an undisclosed amount.

Business, Food

AFTER 36 YEARS, A SAN FRANCISCO MCDONALD’S SHUTS DOWN, JOLLIBEE IS TO BLAME!

March 14, 2015 Pol Pinoy Leave a comment

Now closed: McDonald's on Van Ness Street in San Francisco — Closed after 36 years: McDonald’s on Van Ness Street in San Francisco

SAN FRANCISCO, California (The Adobo Chronicles) – Once again, the fat stupid happy bee has defeated the clown. And if you think this only happens in the Philippines, think again. (McDonald’s has acknowledged that they’re the world’s No. 1 burger place, except in the Philippines where they can’t compete with Jollibee.)

In San Francisco, one of the oldest McDonald’s restaurants located on Van Ness Street, has closed down, and boarded up. After 36 years!

It is rumored that in that location will rise a new Jollibee restaurant.

Jollibee, of course, is the Filipino fast food chain that serves burgers with rice, chicken joy, sweet spaghetti and Filipino breakfast favorites like beef, pork sausage or boneless fish with egg and garlic fried rice.

Is this the beginning of the end of the McDonald’s empire in the U.S.?

Business, The Media

ADOBO CHRONICLES TO CEASE PUBLICATION, IS BOUGHT OUT BY FILIPINO BILLIONAIRE HENRY SY

March 14, 2015 Pol Pinoy Leave a comment

Henry Sy Photo credit: www.garfsblog.uso99.com — Henry Sy
Photo credit: http://www.garfsblog.uso99.com

SILICON VALLEY, California (The Adobo Chronicles) – Starting April 1, 2015, the close to 15 Million followers of The Adobo Chronicles will see a blank screen when they log on to this Internet news site. The site, headquartered in the Silicon Valley in California, will cease publication as of March 31.

The reason? The site was bought out by the Philippines’ richest man, Henry Sy.

Henry Sy remains the Philippines’ top billionnaire, according to Forbes. His net worth has increased by ten digits plus, thanks to the continued growth of his SM Investments Corp, the largest retailer in the Philippines with over 200 individual outlets around the country. The firm is one of the country’s largest conglomerates with interests in real estate development, shopping malls and banking. One of his more recent ventures: the City of Dreams Manila resort and casino, which opened in December 2014. The resort cost $1.3 billion to develop and consists of 950 rooms, 365 tables and 1,700 slot machines.

Sy is purchasing the Chronicles for an undisclosed amount.

In announcing the purchase, Sy said he can no longer stand the gullibility of his fellow Filipinos who, time and again, fail to recognize that all the stories in the Chronicles are true. “It is best to close the site down, so I decided to buy them out,” the billionnaire added.

Sy also hinted that he is in negotiations to also buy out five other Filipino news sites, namely, The Professional Heckler, So, What’s News, Eritas Times, Mosquito News, and The Philippine Chronicle.