Month: March 2021

EU approves Microsoft’s $7.5 billion Bethesda acquisition

The European Commission has approved Microsoft’s $7.5 billion deal to acquire ZeniMax Media, the parent company of Doom and Fallout studio Bethesda Softworks. Microsoft’s deal has been approved by the EU without conditions, as it “does not raise serious doubts as to its compatibility with the common market.” The acquisition…

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Deliveroo posted narrowed loss of $309M, with gross transactions surging to $5.7B in 2020, EITF shows

The clock has officially started ticking on Deliveroo’s plans to go public in April. After announcing last week that it planned to list on the London Stock Exchange, today the on-demand food delivery company backed by Amazon and others published selected updated financials for the previous fiscal year, along with its…

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Airtel dials Huawei to setup network infrastructure Cellular tower

While the world is slowly embracing 5G technology, Huawei despite being the global leader in terms of equipment and technology, has not had the greatest of times. The company, thanks to the US sanctions, has not only lost in the smartphone arena but has also suffered heavily on the 5G…

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Hong Kong fintech unicorn WeLab raises $75M led by insurance giant Allianz

One of the few industries that have benefited from the COVID-19 crisis is online finance. Around the world, the pandemic has forced consumers to adopt digital banking. Hong Kong’s WeLab, a fintech company founded in 2013, saw users soar by 20% year-over-year in 2020, bringing its accumulative user base to…

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Now streaming: best new TV shows & movies this week in Australia (March 8-14) Bill and Ted Face the Music

With so many shows and movies to choose from on Australia’s major streaming services, it can often be difficult to find the best new stuff to entertain yourself with each week.  In an effort to make things easier, every Monday we’ll be highlighting the best new shows and movies to…

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OnePlus recruits Hasselblad for three-year smartphone imaging deal

Imaging has long been the primary battlefield on which the smartphone battles are waged. It makes sense. The thing about smartphones in 2021 is that they’re mostly very good. Sure, there are differentiators, but if you spend a decent amount on a device from any major manufacturer, you’re probably going…

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