Swedish digital entertainment company- MTG has reportedly announced that it has initiated the acquisition of Hutch Games, a London-headquartered game studio behind popular mobile racing games like Top Drives, F1 Manager, and Rebel Racing.   As per reports, MTG has paid $275 million and has set aside an additional $100 million for performance-based payments. In the past, the company has added a few more names under its brand, namely DreamHack and ESL to become an esports leader. Along similar lines, the company had also acquired Kongr
The aerospace industry has been witnessing an outburst of activity from various startups, which is helping them gain a big name in the overall market and worldwide. In one such latest development, a Munich-based startup aimed at space tech development, has announced raising the largest round to date in the European space industry. Isar Aerospace, a company which is currently looking towards building a micro-satellite launcher considerably smaller and relatively lower in price, has recently announced raising funds of USD 91 million or 75 million euros for the research, develo
American tech giant, Apple Inc. is reportedly planning to launch its subscription fitness offering- Apple Fitness+ from December 14, 2020, which has been designed to complement the Apple Watch. Available at a cost price of $9.99 per month or $79.99 annually, the Apple Fitness+ service forms a part of the company’s new Apple One Premier service along with other services. For the record, the Apple Fitness+ concept was first announced in September this year and is expected to offer guided workouts on Apple platforms like Apple TV, iPads, and iPhones, along with live perso
India-based digital wallet platform and online payment company- PhonePe has reportedly announced its partnership with Hyderabad Metro (L&T Metro Rail) to offer contactless, safe and frictionless payment solutions to commuters across the city. In addition to the above, this transaction will also help the authorities to handle the operations in a smooth and organized manner. Notably, commuters can now book their QR-based tickets through the PhonePe Switch platform. Following this, users can scan the e-ticket on their smartphones at the
In a bid to achieve zero carbon emission levels by 2050, Japan is working towards increasing its power generation capacities using hydrogen, aiming to burn nearly 10 million tons yearly by 2030, equivalent to the output of over 30 nuclear reactors. Reportedly, the country is aiming at using wind and solar energy to control the carbon footprint, however, the output highly depends on the weather. To combat this challenge, non-carbon emitting hydrogen may be used as fuel to support the target. In addition to the above, when the weather condi
Indian banking and financial services company- ICICI Bank, has recently launched the ‘iMobile Pay’ application that provides payments and banking services to customers of any bank. For the record, the mobile app extends a combination of payment application features, like allowing customers to pay to any Unified Payment Interface (UPI) ID or merchants, recharge online, pay bills, among various others, along with instant banking services like savings accounts, credit cards, gift cards, loans, travel cards, investments, to name a few.
The social media platform has launched a new host of interesting features. WhatsApp is currently testing the voice and video call feature on the beta version of its web application. One of the leading messaging and social media giants- WhatsApp, has reportedly announced launch of a new host of interesting features for its web app recently. The messaging app is now testing features to enhance its web app by introducing the possibility of making voice as well as video calls.
The Japan Aerospace Exploration Agency has reportedly announced the retrieval of an asteroid dust capsule from the remote frontiers of Australia, following a six-year long mission that might assist in unveiling more about the origin of water and the planets. As stated by the Head of the Australian Space Agency, Megan Clark, the sample would begin to tell its stories once it is safely delivered to Japan, uncovering some wonderful insights regarding the origin of water on Earth and the way living organisms, such as the organics, plants, carbon-based animals, and humans might h
The flowers & gifts delivery company marks its first expansion outside of the Middle East with its recent debut in London With e-commerce representing 40% of all retail revenue in the UK, and the flowers industry marking an astonishing $2.8 billion valuation, Kuwait-based online flowers & gifts delivery platform, Floward reckons the region to be an extremely lucrative market. Speculating expansive growth opportunities, the company has recently announced its launch in London, evidently marking its first expansion a