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Kick start your day, April 29: San Miguel denies issuing P500-M check to Trillanes

Plus, the central bank says the cyber-attacks are limited to its website. And what’s new at Sesame Street?
By Entrepreneur Staff |
Fake check
FAKE. The camp of Senator Antonio Trillanes IV denies that he received check worth P500-million from conglomerate San Miguel Corporation. Photo from Trillanes' Facebook page



"This is nothing more than a fabrication and a blatant disinformation," diversified conglomerate San Miguel Corporation (SMC) said in a statement on Thursday, April 28, denying allegations that it issued a P500-million check to Senator Antonio “Sonny” Trillanes IV as aid to his vice presidential bid.



A certain Antonio Tamarkis posted now a viral Facebook post citing that the check was signed by SMC Treasurer and Chief Finance Officer Ferdinand Constantino.


SMC said that the company does not have an account with BDO in Tandang Sora, Quezon City and that it never issued a check to Trillanes.


The diversified conglomerate said, "As a responsible corporate citizen, we enforce a strict code of ethics that ensures the company does the right thing and that it safeguards the long-term interest of its customers and stakeholders."




BDO certification
NOT TRUE. A certificate from BDO stating that it does not maintain the alleged account by San Miguel Corporation that supposedly issued the P500-million check to Trillanes. Photo from Trillanes' Facebook page



“This is a legitimate document from BDO certifying that the account mentioned in the malicious meme containing a check received by Antonio Trillanes IV DOES NOT EXIST in the bank's system and records. The bank also certifies that it does not have any record of any amount being maintained by San Miguel Corporation with the bank's Tandang Sora branch,” the administrator of Trillanes’ Facebook page posted on Thursday.



BSP foils website hack

Philippine central bank (BSP) Governor Amando Tetangco Jr said attempts to hack its website have been foiled with robust security features in place.


The cyber-attacks had been limited to the BSP website, not its information technology infrastructure and systems, he said. The website does not contain publicly available data.


“… Hacking or attempts, they always happen but what is important is these attempts should not be successful,” Tetangco said on the sidelines of the BPI Foundation’s Financial Inclusion Summit 2016 on Thursday.



“The BSP has issued the advice to BSP-supervised entities to make sure that they have robust security systems and amid the Commission on Elections’ hacked website, apparently by Anonymous Philippines. Another hacking group, LulzSec Pilipinas, said to have built a search engine over the leaked information, citing it would be "fun." The database leaked has a lot of sensitive information like fingerprint data and passport information.


Related: COMELEC says sorry over leaked data



For early childhood education

IBM and Sesame Street
COLLAB. Sesame Workshop and IBM are collaborating to combine IBM Watson's cognitive computing technology and Sesame's early childhood expertise. In this picture, Elmo and Harriet Green, IBM General Manager of Watson Internet of Things, Commerce and Education, enjoy each other’s company. Feature Photo Service for IBM by John O'Boyle


Sesame Workshop, the non-profit educational organization that produces Sesame Street, and IBM announced Thursday a collaboration to use the IT company’s Watson’s cognitive computing technology and Sesame’s early childhood expertise to help advance preschool education around the world.


As part of a 3-year agreement, Sesame Workshop and IBM will collaborate to develop educational platforms and products, designed to adapt to the learning preferences and aptitude levels of individual preschoolers.


“We believe that bringing education together with technology is a key to improving early learning in this country and around the world,” said Jeffrey D. Dunn, CEO of Sesame Workshop.


“Watson is uniquely suited to tackling one of society’s most pressing and important challenges—the ways in which our young children learn,” said Harriet Green, IBM’s general manager for Watson IoT, Commerce and Education. – Lynda C. Corpuz

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