Dennis Mutua

Most Asked Questions About Professional Negligence Claims

London, UK, December 10, 2021 – McapMediaWire – You want something done, and you want it done professionally. You naturally search for companies or service providers that claim that they can do the job right. You hire one and lo and behold – they aren’t up to par with their claims and worse, your standards. […]

Toyota Suspends Production at 2 Plants in Japan Citing Chip Shortage

Leading Japanese automotive manufacturer Toyota Motor Corp. (TYO: 7203) has suspended production activities at two of its factories in Japan following the continued global chip shortage. This development was announced by the company’s spokesperson on December 9. This news means that the company won’t be able to bounce back to normal operations as it had […]

Amazon Fined 1.13B Euros by Italian Regulator for Abusing Market Dominance

Leading e-commerce company Amazon Inc. (AMZN) has been slapped with a 1.13 billion euros by Italy’s antitrust regulator for allegedly abusing its market dominance. The regulator claims Amazon harmed competing operators in the e-commerce logistics service. “Amazon holds a dominant position in the Italian market for intermediation services on marketplaces, which Amazon leveraged to favor […]

Meta offering Deferral Program for Wokers Not Ready to Return to Office

Leading tech company running various social media platforms Meta Platform Inc. (FB) will be reopening its United States offices come January 31. The recently rebranded company, however, says any employees who will not be ready to return to offices by then will have an opportunity to defer their scheduled return by 3 to 5 months. […]

Ford Invests $900 Million to Upgrade its Plants in Thailand

United States based automotive manufacturer Ford Motor Co. (F) will be making a capital injection of $900 million to modernize its plants in Thailand which build its Everest SUV and Ranger pickup truck. This will go on record as the largest investment by the car manufacturer in the Asian country. This investment will go into […]

Samsung Merging its Mobile and Consumer Electronics Divisions

Leading technology company Samsung Electronics Co Ltd (KRX: 005930) announced that it will be merging its mobile and consumer electronics divisions in efforts to simplify its structure and focus on expanding its logic chip business. This comes as the biggest reshuffle and restructuring by the South Korea based company since 2017 additionally, the company also […]

Intel’s Autonomous Driving Car Unit Mobileye Set to go Public Next Year

World leading chip manufacturer Intel Corp. (INTC) says that its autonomous driving car division Moblileye will be going public come next year. Sources directly involved with the matter says Mobileye will be having its United States initial public offering (IPO) mid-next year, the IPO is set to leave the company with a $50 billion market […]

Alibaba Appoints New CFO in Top Managerial Shake Up

Leading Chinese online retailer Alibaba Group Holding Ltd (BABA) announced that it will be restructuring the top management of its domestic and international e-commerce business, among the changes include naming a new chief financial officer. The company has named Toby Xu, as its new CFO and he will be the office staring April next year. […]

SenseTime Launches Honk Kong IPO Seeking to Raise $767 Million

Honk Kong based artificial intelligence company SenseTime Group has launched its Hong Kong initial public offering (IPO) in which it seeks to raise $767 million from, according to a term sheet revealed on December 6. Citing the term sheet, the company will be selling 1.5 billion primary shares with each shares going for between HK$3.85 […]

Twitter’s Engineering and Design Chiefs Set to Resign Following Managerial Restructuring

Twitter’s head of engineering, Michael Montano and head of design, Dantley Davis, are expected to resign from their respective positions as part of a wider managerial restructuring by the leading social network work. This announcement was made by the company further adding that the two will be stepping down from their roles at the end […]