Category Archives: Business

Senators To Push For 1/2 Renewal Of ABS-CBN’s Franchise?

MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – A small group of Senators identified with both the Administration and Opposition is reportedly considering to push for the renewal of ABS-CBN’s broadcast franchise which expires on March 30 next year.

We spoke with the group on condition of anonymity.

As a compromise to the growing clamor for the non-renewal of the network’s franchise, the group says it will file a bill to renew  1/2 of the broadcast license — just the entertainment portion of it.

What this means is that ABS-CBN will not be allowed to continue its biased news operations.  ABS-CBN is known for its “Teeeeeevey Patrol,” “Nagbabagang balita (smouldering news)” and “Hexclusives.”

The compromise seems to have the support of the majority of the Senators, especially Senator Grace Poe who is closely associated with the forever-running teleserye, “Ang Probinsiyano.”

The government’s communications arm, the Presidential Communications Operations Office (PCOO) is poised to take possession of ABS-CBN’s news facilities if the Senate proposal is approved.

Facebook Launches FB Satire News

SAN JOSE, California (The Adobo Chronicles, San Jose Bureau) – Mark Zuckerberg is sick and tired of mainstream  media masquerading as legitimate news outlets, like Rappler in the Philippines.

Today, he announced the launch of Facebook Satire News, in partnership with some of the most respected satire news sites all over the world.

In  a press statement, Zuckerberg said Facebook users deserve a page dedicated to brilliant and entertaining reporting of worldwide news developments as opposed to the biased and sloppy reporting by so-called legitimate news media.

Ironically, Rappler is a designated Facebook fact-checker, along with Vera Files. Zuckerberg said the contracts with the two fact-checkers will soon be terminated. “It’s just not working,” he said.

By 2025, 97% Of The World’s Population Will Be Out Of A Job

BEIJING, China (The Adobo Chronicles, Hong Kong Bureau) – Call it evolution, but by 2025, 97% of the world’s population will be out of a job, according to Huawei, China’s leading electronics company.

Not only that, all companies will abandon their ground operations to use the cloud which may be good news for cities around the globe that are currently dealing with overcrowding and traffic problems.

Already, developed countries are moving towards the abolition of all educational institutions since there will be no use for human intelligence.

Ah, progress!