Dennis Mutua

Hong Kong Citizens Turn Out to Vote Against Controversial Security Bill

Less than a week after China’s parliament passed the controversial Hong Kong security bill, more than 500,000 Hong Kong citizens queued over the past weekend to vote against what they termed as a harsh bill directly being imposed on them by China. This unofficial election will decide the best suited pro-democracy candidates to contest in […]

Analogue Devices Set to Acquire Maxim Integrated

U.S bases multinational semiconductor Analog Devices Inc. (ADI) is set to acquire its fellow integrated circuit manufacturer Maxim Integrated Products Inc. (MXIM). Sources involved in this matter disclosed that talks of the same are in advanced stages thus anytime a deal might be stricken. Analog devices is looking forward for the deal to help it […]

Bilibili Eyeing a Secondary Listing in Hong Kong

China based video website Bilibili Inc. (BILI) has said that it is considering having a secondary listing in Hong Kong. Internal sources with direct knowledge on the matter made the revelation further saying renewed tensions between China and the United States is among the top reasons prompting the company make the move. Bilibili makes the […]

Amazon Injects $308 Million in Its India’s Unit

Online retailer Amazon Inc. (AMZN) has injected a total of 23.10 billion rupees ($308.02 million) in its India based unit known as Amazon Seller Services. The company says the cash is set to help attract more people into online shopping in the word’s second most populated country in this time when crowding is highly discouraged. […]

Tesla Nearing Level Five Autonomous Driving Technology

Leading electrical vehicle manufacturer Tesla Inc. (TSLA) is very close to achieving level five autonomous driving technology. The company’s founder and CEO Elon Musk made the sentiments giving reference to the ability of their cars being able to navigate roads without any assistance from a driver. “I’m extremely confident that level 5 or essentially complete […]

Chip Demand Propels Samsung to Beat Analysts’ Estimates in Q2 Results

Giant tech company Samsung Electronics Co Ltd (005930) has reported its results for the second quarter of the year recording a 23% increase in operating profit in the quarter ending June 30. The company attributes this good performance to an increased demand of solid chips caused by global staying and working at home directives due […]

Allstate to Acquire National General in a Deal Worth $4 Billion

U.S based insurance company Allstate Corp (ALL) has announced its intention to acquire National General Holdings Corp (NGHC) with an aim of expanding its insurance business even though the insurance sector has been greatly affected by the pandemic due to reduced claims emanating from reduced road traffic. National General declares automobile insurance as its core […]

U.S Considering Banning Chinese Social Apps Says Pompeo

United States secretary of State Mike Pompeo confirmed that Trump’s administration is considering banning Chinese social media apps in the U.S at top of the list, is the controversial Chinese short video sharing app TikTok. “I don’t want to get out in front of the President Donald Trump, but it’s something we’re certainly looking at,” […]

Berkshire to Acquire Dominion Energy’s Gas Assets for $4 Billion

Berkshire Hathaway Inc. (BRK) made it public that it will be purchasing the natural gas transmission and storage network of Dominion Energy Inc. (D) in a deal worth $4 billion. Dominion says it resulted to selling the gas assets so as to concentrate on utilities operations. On the other side, Berkshire says this deal will […]