Dennis Mutua

Zoom Under Siege Over Data Privacy and Security Issues

Remote conferencing services firm Zoom Video Communications Inc. (ZM) is facing a backlash over its video conferencing app Zoom video which is alleged to having been breached hence putting private user data at a great risk. Earlier in the week, the company’s founder and Chief executive officer, Eric Yuan, indeed confirmed the data privacy concerns […]

Mexico Temporarily Halts Production of Corona Beer In the Country

Beer producing firm in Mexico Grupo Modelo has announced temporary suspension from production of Corona beer among other brands as well. This means the company will be temporary cutting out supply of beer to the 180 countries it supplies beer to. As many would be fast to conclude that the company ceased production due to […]

Amazon Employees Stage Demonstrations Citing Fear of Contracting Coronavirus While Working

Global breakout of deadly coronona virus is indeed chewing into each economy without fear or favor. With the United States recording highest numbers of infections worldwide, workers at e-commerce giant Amazon Inc. (AMZN) are afraid of being infected with this virus as they continue with their day to day activities at their workplace. On the […]

Disney+ Set to Premiere in North Africa and in the Middle East

Mass media and entertainment company Walt Disney Co. (DIS) has announced that they’ll be launching their Disney+ services in North Africa and the Middle East come April 9. The Disney+ content will be made available on regional pay television and online streaming service provider OSN which is based in the Middle East having its headquarters […]

New York Governor Confirms His Brother is Infected With Coronavirus

The Governor of New York, Andrew Cuomo, has confirmed that his brother, Chris Cuomo, has tested positive for the coronavirus disease. The Governor revealed this information on Tuesday and on this day, New York State recorded more than 9,000 new infections. With these new infections, total number of coronavirus cases in New York now stands […]

Xerox Walks Away From $35 Billion Bid for HP

U.S based printer manufacturer Xerox Holdings Corp (XRX) has confirmed abandoning its cash and stock $35 billion bid for PC and printing equipment maker HP Inc. (HPQ). The company made the announcement on this decision on Tuesday further adding rapid spreading of coronavirus across United States affected its decision. In the beginning of March, Xerox […]

GE Partners With Ford to Produce 50,000 Ventilators in 3 Months

U.S based car manufacturer Ford Motor Co. (F) has announced its partnership with health care unit of General Electric (GE) to produce 50,000 ventilators in 100 days so as to combat break out of deadly coronavirus in the United States. In what stated as a non-alarming situation in the United States, Coronavirus has now emerged […]

Alibaba Set to Acquire 10% Stake in Yunda

Citing information from direct involved sources, China based e-commerce giant Alibaba Group Holding Ltd (BABA) is planning to acquire stake of up to 10% in Yunda Holding Co Ltd (002120). Following this deal, Alibaba will become the fifth largest investor in Yunda. Alibaba is aiming at buying this additional stake from Yunda’s founding partners and […]

Amazon Wooing Employees with Higher Pay to Pick and Pack Whole Food Groceries

World’s largest e-commerce company Amazon Inc. (AMZN) is wooing its employees who work in the warehouses with higher salaries to pick and pack whole food groceries amid coronavirus pandemic. Without a doubt, many employees have lost their jobs following this pandemic, others have been forced to go on a mandatory less paid leave or an […]

Rosneft Pulls Out of Venezuela Following U.S Sanctions

U.S sanctions against Venezuela seem to be hitting hard and harder on the nation situated on the northern coast of South America. The latest casualty of these sanctions is Russian integrated energy company Rosneft Oil Company (ROSN). The largest Russia based oil company has announce that it will be ceasing operations in Venezuela with immediate […]