Dennis Mutua

Uber Technologies Inc (NYSE:UBER) Agrees To Settle A Sexism Probe With $4.4 Million

Uber Technologies Inc (NYSE:UBER) has reached an agreement with the US Equal Employment Opportunity Commission (EEOC) today. It is a settlement that has seen Uber pay up to $4.4 million after allegations of sexual harassment in its business. Turn of events Problems started when fingers started pointing to the company over several scandals. Investigations into […]

Micron Technology, Inc (NASDAQ:MU) Looks Forward To A Major Positive Shift

The cyclical nature of Micron Technology, Inc (NASDAQ:MU) business happens to be a unique attribute globally. This company focuses on the production of NAND and DRAM. These products happen to have been produced in significant volumes over the previous quarters. This ended up impacting pricing a great deal, with analysts describing it as soft. The […]

Amazon.com, Inc (NASDAQ:AMZN) Announces The Expansion Of Its Free Return Program

Amazon.com, Inc (NASDAQ:AMZN) has some exciting news for its customers as the holiday season approaches. This is the expansion of its free return program. How the program runs This undertaking will have customers return millions of items to the business, and it will be for free. These will be items bought between November 1 and […]

FedEx Corporation (NYSE:FDX) Lowers Guidance For 2020: Seven Day Deliver Will Help FedEx To Lap Amazon.com, Inc. (NASDAQ:AMZN)

FedEx Corporation (NYSE:FDX) has reported disappointing results in Q2 2020. Its revenues have declined to $17.3 billion in Q2 2020, a marginal decline from $17.8 billion from the same period last year. Chief Finance Officer and Executive Vice President of FedEx Corp, Alan Graf, said he is frustrated with the results. He expects the same […]

BeyondProd Is A New Approach Of Alphabet Inc (NASDAQ:GOOGL)’s Google To Cloud Native Security

Alphabet Inc (NASDAQ:GOOGL)’s Google is rolling out a new approach to Cloud native security called BeyondProd. This is an extension of its earlier BeyondCorp Zero Trust, which Google introduced a few years ago. BeyondCorp Zero Trust system focuses on securing the devices and users moving the security away from firewalls and VPNs. However, if a […]

Wave Life Sciences (NASDAQ:WVE) Pronounces Its Disappointment Over A Trial Flop

Monday morning was a dull one at Wave Life Sciences (NASDAQ:WVE). This was because the company’s shares declined by 50%. About the flop Analysts attribute this major drop to the recent discontinuation of the company’s suvodirsen. It was a product under development to help patients struggling with a condition known as Duchenne muscular dystrophy. DMD […]

Private Equity Firms Buy LogMeIn Inc (NASDAQ:LOGM) For $4.3 Billion

LogMeIn Inc (NASDAQ:LOGM), which happens to be a unified communications provider, has announced its exit from the public market. It made the announcement on Tuesday saying that it was selling rights to some two private equity firms. The two buyers are the Evergreen Coast Capital Corporation and Francisco Partners. They have given out $4.3 billion […]

FDA passes enzalutamide (Xtandi®) For Treatment Of An Advanced Cancer

The US Food and Drug Administration (FDA) has approved a product known as enzalutamide (Xtandi®) to be used in a new way. The body, after an in-depth review says that it is ideal for handling a condition called prostate cancer (mHSPC). A close outlook Sometime back, the company gave its approval to the product for […]

Coca-Cola (NYSE:KO) Unveils A New Subscription Service

Coca-Cola (NYSE:KO) is one of the few companies that have their products known almost everywhere around the globe. There are millions, if not billions of people globally, who would recognize the company’s brand at a glance. This might serve as an explanation as to why people flocked to subscribe to the company’s latest subscription service. […]

Netflix Inc (NASDAQ:NFLX) Commands 67.1 Million Subscribers In The US And Canada: Records A Growth Of 40% In EMEA And Strongest In Asia-Pacific

Netflix Inc (NASDAQ:NFLX) has finally disclosed the subscriber count region by region worldwide. It commands a subscriber base of 67.1 million in the US and Canada. The popular streaming service has around 47.4 million subscribers in Europe, Middle East, and Africa. The third-largest market in Latin America Netflix holds a subscriber base of 29.4 million […]

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