Dennis Mutua

PUBG Has Been Downloaded Over 1 Billion Times Since its Release in 2018

PUBG mobile, the mobile version of Playerunknown’s Battlegrounds has been downloaded over 1 billion times since it was launched back in 2018. This data was released by Tencent Holdings the parent company of the smartphone action game. The game involves a group of players fighting each other until there is only one fighter left standing. […]

Robinhood Confidentially Files for IPO

Commission free online brokerage company Robinhood Markets Inc. has confidentially filed for an initial public offering with market regulators. The company made this announcement without going into details about the IPO. This IPO filing comes at a time when United States capital markets have been booming due to increased trading activities and companies going public […]

Germany Extending Lockdown Until April 18 to Curtail COVID-19 Spread During Easter

Germany will be extending its lockdown measures until April 18 in efforts to curtail spread of the deadly virus during the Easter holidays which normally lasts for around five days. The European country is currently battling a third wave of the deadly virus and it says lifting movement restrictions during this time might turn out […]

Microsoft Engaging Discord Aiming to Buy the Messaging Platform

Tech giant Microsoft corp. (MSFT) is holding talks with Discord Inc. with an aim of acquiring the instant messaging and digital distribution company in a deal worth over $10 billion. Sources involved in the matter say that Discord reached out for interested buyers and Microsoft has expressed its interest as a potential buyer. The sources […]

ByteDance’s Video Game Unit to Purchase Moonton Technology

The video game unit of ByteDance Nuverse will be purchasing video games studio Moonton Technology. Nuverse says it has already agreed on terms and conditions of this acquisition deal and it will be using the acquisition to expand its influence in the video game industry. “Through cross-team collaboration and drawing on lessons and insights from […]

Tesla to Shut Down if its Cars are Used to Spy Says Musk

Unconfirmed stories have been making rounds across social platforms suggesting cars from leading electric car manufacturer Tesla Inc. (TSLA) have been prohibited by Chinese military from entering complexes in China citing security concerns due to security cameras mounted on the vehicles. Well, during the weekend CEO of the company Elon Musk had a video interview […]

Greece to Roll Out COVID-19 Self-Testing Kits Starting Next Month

Greece says that it will start distributing COVID-19 self-testing kits beginning from next month for individuals to test themselves and determine their status against the deadly virus. The government said it will be giving out the self-testing kits for free. The country has been recording spiking numbers in new infections of the virus, the government […]

Insurer Chubb Seeking to Purchase Hartford Group in a $23.24 Billion Deal

Switzerland based property and casualty insurance company Chubb Ltd (CB) is seeking to purchase United States based investment and insurance company Hartford Financial Service Group Inc. (HIG) for $23.24 billion. According to a statement released by the company, the transaction will be a cash and stock deal. On the other end, Hartford acknowledged having received […]

Nikola’s Investor Hanwha Trimming Its Investment in the EV Manufacturer

Arizona based electric vehicle manufacturer Nikola Corp. (NKLA) announced that its South Korea based investor Hanwha Corp. (KRX: 000880) will be reducing its investment in the EV manufacturer by 50%. Citing a filing with the securities exchange commission, Hanwha holds 5.65% stake in Green Nikola Holdings a subsidiary of Nikola. It’s this stake which Hanwha […]

Leading Chinese Search Engine Baidu Planning a $3.08 Billion Hong Kong IPO

Leading Chinese search engine Baidu Inc. (BIDU) is preparing for a secondary listing in the Hong Kong Stock Exchange with an aim of fetching $3.08 billion from the initial public offering. Sources linked to this matter directly revealed that the company will be pricing its IPO price at HK$252 ($32.45) apiece offering 95 million shares […]