Category Archives: Business

Rappler To Be Sold At eBay To Highest Bidder

5CBF365F-BBD8-4173-B5AB-035B64942E4CMANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Maria Ressa is finally throwing in the towel, realizing her crusade to keep her online news source, Rappler, up and running is all but a lost cause.

The Court of Appeals recently denied Rappler’s petition for a reversal of the Securities and Exchange Commision’s (SEC) decision to revoke its media license for violating the Constitutional provision on 100% Filipino owership of media companies.

Today, Ressa told The Adobo Chronicles that she is tired of defending Rappler’s integrity and credibility as a legitimate news company.

“So, I might as well sell Rappler to the highest bidder on eBay.  After all, My senior managers and I have already benefited from the donation of the $1.5 Million investment of our once foreign-owned institution, Omidyar. “

Ressa added that the proceeds from the eBay sale of Rappler will be divided equally among all Rappler employees.

“You see, we like to take care of our employees,’ Ressa said.

What Court Of Appeals Meant By Giving Rappler “Corrective Period”

611AD227-6779-4E08-8B5C-7149F1F0994CMANILA, Philippines (The Adobo Chronicles, Manila Bureau) –  While almost all news media were reporting that the Court of Appeals has denied Rappler’s petition for a reconsideration of the Securities and Exchange Commission (SEC) ruling revoking its media license, the online news source is focused on a different headline — that of the Court’s admonition that SEC should give Rappler a “corrective period,.”

So just how exactly can Rappler correct something that was illegal in the first place, violating the Constitutional provision that Philippine media should be owned 100% by Filipinos?

So, The Adobo Chronicles  sought clarification from the Court of Appeals.  Here’s its response:

”We were using ‘corrective period’ as a figure of speech.  What we really meant was that Rappler should be given the chance to correct its vision — since it obviously sees things through a Yellow lens.  Perhaps Maria Ressa and her team should schedule a visit with an opthalmologist or optometrist.”

That’s crystal clear.

 

 

Makati Business Club To Sue VP Leni Robredo For Plagiarism

92701856-B091-4655-A840-344ADECEF119MAKATI CITY, Philippines (The Adobo Chronicles, Makati Bureau) – What you say in public or to the press might come back to haunt you.  This is exactly what’s happening now to Vice President Leni Robredo.

Late last year, Robredo said: “If Federalism is the answer, then what is the question?”

This quote from the VP has resurfaced amid ongoing heated discussion on whether the shift to Federalism is best for the Philippines.

Now, it turns out that Leni’s quote wasn’t original.  It seems to have been copied, word for word, from the Makati Business Club.

Now, the Club is suing Robredo for plagiarism.

Moral of the story:  Think twice before you ask a question. The answer might come in the form of a lawsuit!