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Raila loses Waiguru lifestyle disclosure bid

Nasa leader Raila Odinga has lost a bid to have Kirinyaga Governor Anne Waiguru directed to provide information on her lifestyle. Mr Odinga wanted an application filed against him by Ms Waiguru, alleging he had defamed her, to be dismissed if she fails to provide information sought in the suit. READ: Raila seeks Waiguru-NYS tie detail High Court judge Joseph Sergon ruled that though Ms Waiguru declined to answer some questions asked by Mr Odinga’s lawyer relating to her lifestyle, she gave reasons for not answering. “I am satisfied that…

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Qualcomm Rejects Broadcom’s Unsolicited $103-Billion Takeover Bid

Mobile chipmaker Qualcomm Inc on Monday rejected rival Broadcom Ltd’s $103-billion takeover bid, saying the offer undervalued the company and would face regulatory hurdles. Shares of Qualcomm were up 1.8 percent at $65.74 in early afternoon trading, while those of Broadcom were down 0.4 percent at $263.95. Broadcom said it would seek to engage with Qualcomm’s board and management, adding that it had received positive feedback from key customers and stockholders. “We continue to believe our proposal represents the most attractive, value-enhancing alternative available to Qualcomm stockholders and we are encouraged by their reaction,”…

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