King Digital Entertainment Acquired By Activision Blizzard
King Digital Entertainment launched with an IPO price of $22.50 in March 2014 which later dropped to $11.25 in October 2014. Activision Blizzard Inc (ATVI.O) late Monday night said it will acquire the creator of “Candy Crush Saga”, King Digital Entertainment (KING.N) in a deal worth $5.9 billion strengthening its position in the mobile gaming More...
Deal Between China And EDF May Be Agreed For British Nuclear Plant
Aerial view of proposed Hinkley Point C powerstation With the upcoming visit to Britain from President Xi Jinping this week it’s expected that there is likely to be an announcement of a new deal between EDF (Electricite More...
Global Wealth Falls Whilst Wealth Inequality Rises
The report identified the median individuals wealth in the US at $49,800 (£32.700) whilst the average UK net worth was £83,000. After sharp swings in currency markets overall global wealth has for the first time More...
US Consumer Confidence Up Higher In September Than Expected
Consumer confidence in September was at it’s highest since January. US consumer confidence surprisingly grew in September with many Americans feeling positive about current economic conditions despite recent More...
BlaBlaCar Joins European Billionaire Startup Club
Left to right, Frédéric Mazzella, CEO, Francis Nappez, CTO, Nicolas Brusson, COO. Paris based ride-sharing firm BlaBlaCar has just closed a new round of venture-capital funding valuing the company at $1.5 billion. The More...
Quiksilver Files For US Brankruptcy Whilst Billabong Stakeholder Swoops
The company in June blamed performance in US markets on “poor deliveries and an evolving distribution channel strategy”. poor deliveries and an evolving distribution channel strategy. Quicksilver, the More...