Category Archives: Business

Rappler, Adobo Chronicles Compete To Buy Pinoy Big Brother House!

MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Right around the corner from the main building of the ABS-CBN Broadcast Center in Quezon City stands the Victorian-like, colorful Pinoy Big Brother House, home to many seasons of the popular PBB TV show.

It’s now on sale, an announcement from ABS-CBN said, for P2 Billion! Proceeds from the sale is presumed to help reduce the former television network’s debt which as of July last year, stood at P18.4 Billion.

Maria Ressa’s Rappler Holdings Corporation has reportedly put in a bid for P1.6 Billion, in anticipation of a possible Supreme Court ruling affirming the Nobel Laureate’s conviction for Cyber Libel. If it wins the bid, Rappler is expected to move its main headquarters from Mandaluyong to Quezon City which is considered more friendly to businesses and sympathetic to the political opposition. A possible new CEO has been identified and is waiting on the sidelines for the SC decision.

On the other hand, The Adobo Chronicles is contemplating to bid for the PBB House for P1.8 Billion, as it continues to expand its worldwide reach and to accommodate its increasing staff. AC is on the list of the world’s Top 100 Satire Sites, placing 34th — up from last month’s 38th spot.

May the best bidder win!

Rappler To Charge P500 A Month For Verified Blue Checkmark For Its Followers

MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – First, it was Elon Musk who announced that Twitter will be charging $8 a month or for those who want the verified blue check mark on their accounts. Then Mark Zuckerberg said Facebook will be doing the same for $11.99.

Now, Maria Ressa’s Rappler — not to be left behind — has just announced it will start charging P500 a month (roughly $10) for its fans, followers and subscribers who want the blue mark on their FB accounts and be identified as authentic and verified.

In a zoom call with The Adobo Chronicles, Ressa said this is one way for Rappler to recover its investments for her online news source which has been declining in trust and popularity.

So what are you waiting for? Support Rappler and fork out your hard-earned P500 per month!

PAL Named Most Punctual Among The Least Punctual Airlines!

MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Air passengers can no longer refer to PAL (Philippine Air Lines) as “Plane Always Late,” thanks to the country’s flag carrier being honored in Cirium’s On-Time Review Performance for 2022.

PAL was named fourth most punctual among the least punctual airlines in the Asia Pacific region, next only to All Nippon Airways, Japan Air Lines and Malaysia Air Lines.

So on your next overseas travel, go PAL. Your flight could still be late, but not too late!