Dennis Mutua

Microsoft Spending $1 Billion to Build Data Centers in Malaysia

The Prime Minister of Malaysia Muhyiddin Yassin revealed that U.S tech giant Microsoft Corp. (MSFT) will be investing $1 billion to set up data centers across Malaysia in the next five years. Prime Minister Yassing says the project will be as a new partnership between government entities and the private sector. “As part of the […]

Godzilla vs. Kong Still Topping Box Office Third Week After it Was Released

The movie Godzilla vs. Kong still holds the top position in Box Office three weeks after the movie was released. The movie remains available on HBO Max to subscribers, which means individuals who pay for the streaming service can watch it at no additional cost. Warner Bros. said all HBO Max subscribers will be able […]

Ant Group Seeking Ways to Divest Jack Ma’s Stake in the Company

China based financial technology company Ant Group is reportedly seeking ways to divest the investment of Chinese billionaire Jack Ma in the company due to estranged relation between Jack Ma and the Chinese authorities. Ant Group is an affiliate of leading Chinese e-commerce platform Alibaba Inc. (BABA) the company also owns Alipay, China’s biggest online […]

Amazon’s Video Games Wing Cancels Lord of the Rings Game

The video game unit of leading retailer Amazon Inc. (AMZN) announced having canceled an online video game based on the adventure series ‘Lords of the Rings’ which had been announced back in 2019. This game was being developed by at Amazon Game Studios in collaboration with China-based Leyou Technologies Holdings. Leyus was purchased by leading Chinese […]

Goldman Sachs Investing $69 Million in UK Based Starling Bank

United States based financial services provider and investment bank Goldman Sachs Group Inc. (GS) is pumping in an investment of $69 million (50 million pounds) into Britain based digital bank Starling bank. Starling made the announcement on April 19 saying the investment had already been completed. According to the bank, the investment will be an […]

U.S House Committee Gives Green Light to Bill Aimed at Banning Big Tech From Making Acquisitions

The United States House of Representative Judiciary Committee has approved a bill seeking to ban big tech companies from making any further acquisitions or merger deals. This proposal was introduced by Missouri Senator Josh Hawley earlier in the week. According to the proposal big tech companies are defined as tech companies with over a market […]

U.S Set to Inflict New Sanctions to Russia This Week

Sources in the White house have revealed that the United States will be slapping Russia with additional sanctions before the week is over for alleged election interference and malicious cyber activity aimed at certain high profile people and some institutions. According to the sources, 30 institutions will be blacklisted. In addition 10 Russian government official […]

Online Pizza Ordering Platform Slice Raises $40 Million in Latest Financing Round

Online pizza and food ordering platform Slice announced having raised $40 million from its latest financing led by venture capital firm Cross Creek. Two former executives at social network Twitter Inc. (TWTR) also participated in the financing round. The former individuals at Twitter included Dick Costolo who once served as Twitter’s chief executive officer from […]

Entain Launces Employee Share Ownership Plan

International sports betting and gambling company Entain Plc. (LSE: ENT) has unveiled an employee share ownership initiative for the over 22,500 employees it has across the UK and other parts of the world. The company which owns the Coral and Ladbrokes brands said this plan shows that ESG concerns were at the center of its […]

Toshiba Chief Executive Nobuaki Kurumatani Steps Down

The chief executive officer of Japanese multinational conglomerate Toshiba Corp. (TYO: 6502) Nobuaki Kurumatani has resigned from the company after serving in the position for three years. The former CEO rendered his resignation letter on April 13, this announcement comes at a time when the company is considering a $20 billion private takeover bid from […]