Dennis Mutua

Facebook Pushed by Lawmakers to Explain Why it Disbanded NYU Researchers’ Accounts

Giant social media company Facebook Inc. (FB) is being pushed by lawmakers to give answers to why it disbanded accounts of researchers conducting studies on political ads on its various social media platforms. The leading social network said it had brought down some personal accounts and access to a group of New York University researchers […]

Alibaba Suspends Several Employees Mentioned in a Sexual Assault Allegation

Giant Chinese e-commerce company Alibaba Group Holding Ltd. (BABA) has suspended a number of its employees who got mentioned in a sexual assault allegation involving a female employee of the company who claims to have been sexually assaulted by her boss and a client. Details of the ordeal were first published on an 11 paged […]

Unites States Amazon Employees Ordered to Mask Up While at Work

Leading e-commerce giant and technology company Amazon Inc. (AMZN) has issued fresh orders for its United States based employees directing them to mandatory wear masks when at work regardless of whether one is vaccinated or not. The company makes this announcement at the wake of the deadly Delta variant which is proving to be more […]

Nintendo Reports Declined Switch Console Sales in the First Quarter

Japanese consumer electronics and video game company Nintendo Co Ltd (TYO:7974) has released results for its first financial quarter ended June 30 in which the company recorded declined sales for its Switch console. Sales of the console plunged by 22% in the first quarter as demand for its devices generally recorded a decline. This is […]

United States Approves Howitzers Sale to Taiwan

The United States’ State Department has approved a potential sale of short guns for firing shells on high trajectories at low velocities know as howitzers to Taiwan. On Aug 4, Pentagon said the State Department approved a potential sale of 40 155mm M109A6 Medium Self-Propelled Howitzer artillery systems to Taiwan in a deal worth $750 […]

WhatsApp Launches Option For Disappearing Photos and Videos

Online messaging platform WhatsApp has rolled out a new option similar to that of photo messaging app Snapchat of disappearing photos and videos. This move is a strategic one for the Facebook Inc. (FB) owned company which places it in a better position to compete with Snapchat. WhatsApp says that this new feature will start […]

Thales Selling Signalling Business to Hitachi for $2 Billion

France based company designing and building electrical systems providing services to defense, transportation, aerospace and security markets Thales Group (PA: TCFP) said that its engaging in talks which are at advanced stage concerning selling GTS railway signalling business to Japan based Hitachi Group (TYO: 6501). This sale will happen in a deal worth $2 billion […]

Incoming Iran President Pledges to Try Bringing U.S Sanctions to an End

The incoming President of Iran Ebrahim Raisi, has pledged to take steps towards lifting of the ‘tyrannical sanctions’ imposed by the United States on Iran. Raisi made these sentiments after winning the formal endorsement of Iran’s supreme leader. The incoming Iran President is set to ascend into office later in the week. Raisi is under […]

Kredivo to Go Public Through Merger Deal With SPAC

FinAccel, the parent company of leading digital consumer credit platform is Southeast Asia Kredivo says that it has reached an agreement to go public through a merger deal with a special purpose acquisition company (SPAC,) VPC Impact Acquisition Holdings II (VPCB). The company says the deal is a buy-now-pay-later (BNPL) and it’s worth $2.5 billion […]

Zoom Agrees to Pay $85M as Settlement for Violating Users Privacy Rights

Provider of videoconferencing and online chat services provider Zoom Video Communications Inc. (ZM) has reached an agreement to pay $85 million as settlement in a lawsuit which Zoom is being accused of violating users’ privacy rights by sharing personal user data with other entities including Google, LinkedIN and Facebook. The company was also accused of […]