Dennis Mutua

Theranos Founder Elizabeth Holmes Defends Herself Against Charges of Defrauding Investors

Elizabeth Holmes, the founder of privately held health technology company Theranos was arraigned last Friday in court to face charges of defrauding investors and patients leveled against her. According to the lawsuit, Holmes is being accused of making false claims about Theranos including that its technology could run a number of diagnostic tests more quickly […]

Bayer’s Chief Executive Rules Out Splitting the Company

Werner Baumann, the chief executive officer of German based pharmaceutical and life sciences company manufacturing biotechnology products, agricultural chemicals and seeds Bayer AG (ETR: BAYN) says that the company is in no way considering splitting its three main business into separate publicly traded companies. “We are going to continue the course, which is developing our […]

WeRide Set to Launch Robotaxis on Ontime Ride-Hailing App

China based leading autonomous driving company Weride Corp. announced that it will be launching robotaxis available for public booking on the Ontime ride-hailing app come next year. Ontime ride-hailing is owned by Chinese automobile manufacturer Guangzhou Automobile Group. (HKG: 2238). In a public statement, WeRide says it’s putting measures into place to begin offering test […]

Twitter Expands Access of Free Data for Developers

Widely used social media network Twitter Inc. (TWTR) says that it will be expanding free access of its social networking website data to help software developers to come up with tools and products which can promote safer conversations and interactions across the online space. This move will come as part of the company’s wider plans […]

Honda Requests Parts Suppliers to Cut Down Carbon Emissions

Japan based automobile manufacturer Honda Motor Co. (TYO: 7267) is asking suppliers of its main parts to annually reduce carbon emissions by 4%. The company which also produces power equipment made this plea on November 16 according to Nikkei. Honda further says that it aiming to begin implementing 2025 fiscal year targets which is set […]

Amazon and IBM Partners to Increase Reach of Data Tools for Oil Companies

Leading e-commerce company Amazon Inc. (AMZN) and computer hardware company international Business Machines Corp. (IBM) have entered into a partnership which will help companies in the oil sector have an extended reach to a set of tools which the companies use to manage disparate types of data. This partnership will be suing IBM’s technology dubbed […]

Snap Hires First Managing Director of Global Carrier Partnerships

Social media company Snap Inc. (SNAP) announced having hired its first head of telecom carrier partnerships as it seeks to increase its growth outside the United States. The company has been constantly improving its android app in its wider plans of increasing its international reach. The company has appointed Anne Laurenson to serve as its […]

Toyota Set to Develop Alternative Fuels in Partnership With Other Automakers

Japan based automotive manufacturer Toyota Motor Corp. (TYO: 7203) is set to develop alternative green fuels for internal combustion engine cars including hydrogen and synthetic fuels extracted from biomass. The company made this announcement during the past weekend further adding that it will be conducting this initiative in partnership with other four Japanese vehicle manufacturers […]

A Group of U.S States Files Updated Antitrust Complaint Against Google

A number of U.S states have filed an updated antitrust complaint against Alphabetic Inc. (GOOGL) the parent company of leading search engine Google. In the lawsuit, the states are accusing the company of breaking antitrust law and using forceful tactics to boost its already dominant ad business. The company has been facing a string of […]

Subaru Launches All-Electric Vehicle in Partnership With Toyota

Japan based automobile manufacturer Subaru Corp. (TYO: 7270) has launched its first ever all electric car named the Solterra in partnership with fellow Japan based car manufacturer Toyota Motor Corp. (TYO: 7203). Subaru says it has been working on this project for two years together with Toyota Motor which is also the biggest shareholder in […]