Dennis Mutua

Russia Sues Meta and Google for Annual Turnover Fines

Russia’s communications regulator, Roskomnadzor, has files ac court case against U.S based tech companies Alphabet Inc. (GOOGL) and Facebook Inc. (FB) which recently rebranded to Meta. According to the Moscow court which the case was filed, the two companies could possibly end up getting fined for their annual turnover in Russia. Back in October, the […]

Ride-Hailing Firm Ola to go Public in the First Half of 2022

India based ride- hailing company Ola announced that it’s planning to have its initial public offering (IPO) on the first half of next year. During this revelation, the company’s chief executive, Bhavish Aggarwal, said that although Indian start-ups have been developing cold feet of going public due to recent volatility and lackluster, that doesn’t bother […]

Aston Martin CFO to Step Down Citing Personal Reasons

The chief financial officer of manufacturer of luxury sports cars and grand tourers Aston Martin, Kenneth Gregor will be resigning from his position. Gregor who is also an executive director at the company, says that he will be stepping down not later than June 30 2022. The company made this announcement on December 2 citing […]

Google to Ban Political Ads in Philippine Come Presidential Election Time

Leading search engine Google has said that it will be banning political advertisements from its platform in Philippine during the electioneering period next year when the country will be voting for a new President. Come May next year, Philippine will be going to the ballot to choose a new leader, it’s at this time that […]

Blue Prism Agrees to $1.65B Takeover Deal From Fintech Company SS&C

Britain based software company which developing intelligent robotic process automation Blue Prism Group Plc. says that it has agreed to a $1.65 billion takeover deal from United states based financial technology company SS&C Technologies (SSNC). SS&C Technologies is a leading cloud-based provider of financial services technology solutions. By Blue Prism accepting this takeover deal, it […]

HashiCorp Seeking a $13 Billion Valuation Following its United States IPO

Software company providing open-source tools and commercial products to enable developers connect and run cloud-computing infrastructure HashiCorp says that it is aiming a $13 billion market valuation following its upcoming U.S initial public offering (IPO). The company is seeking to capitalize on the high number of investors interested in putting their investments behind software enterprise […]

Samsung to Supply Volkswagen With New Advanced Auto Chip

Leading tech giant and manufacturer of chips and consumer electronics Samsung Electronics Co. (KRX: 005930) will be supplying German automotive manufacturer Volkswagen Group (ETR: VOW3) with new advanced auto chips to be used in cars. These chips will include one which will be mounted on infotainment system developed by electronics company LG Electronics Inc. (KRX: […]

Nissan Sets Aside $17.6 Billion For Vehicle Electrification

Japan based third largest automobile manufacturer Nissan Motor Corp. (TYO: 7201) says that it has set aside $17.6 billion (2 trillion yen) which it will be using on vehicle electrification over the next five years. The company further says that it aims at launching 23 electrified vehicles by 2030. The company will be undertaking this […]

Amazon to Launch Abu Dhabi Fulfillment Center by 2024

Leading United Sates based e-commerce company with investments in cloud computing, artificial intelligence and digital streaming Amazon Inc. (AMZN) will be launching a fulfillment center in Abu Dhabi within the next two years. This development was announced by the Abu Dhabi’s government media office which also revealed that the fulfillment center will be will be […]

Volkswagen Poaches Apple’s Head of Global Battery Development

Leading German automotive manufacturer Volkswagen AG (ETR: VOW3) has poached Apple Inc.’s (AAPL) head of global battery development, Ahn Soonho, to the automotive maker where he will be heading the company’s development of electric vehicle batteries. This switch seems to be a recent pattern taking shape since this marks the second senior executive leaving the […]