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EWar Games Joins Hands with Baazi Games to Enter Real-Money Games Space

October 14, 2020

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The partnership enables EWar Games to add PokerBaazi and BalleBaazi on its mobile gaming platform

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October
14, 2020

3 min read

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Bengaluru-based EWar Games on Wednesday announced collaboration with the Delhi-based gaming giant Baazi Games. Following the tie-up, EWar Games will be adding Baazi Games’ flagship products like PokerBaazi and BalleBaazi on its gaming platform.

While on one hand the partnership enables EWar Games to introduce real-money games like online poker and fantasy cricket to its user base, on the other hand, it will help Baazi Games to leverage EWar Games’ platform to attract and acquire new players for its existing games.

“The latest partnership between EWar and Baazi—two popular names in India’s the gaming industry—is indeed quite

Why Devils GM Tom Fitzgerald won’t spend $18M in cap space on Taylor Hall, Mike Hoffman … or any big-money free agents

October 11, 2020

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Sorry, Devils fans. Hate to be the bearer of disappointing news if you’ve been waiting for general manager Tom Fitzgerald to make a big free-agent splash to speed up a franchise rebuild.

Not happening.

Not this year.

And maybe not next year.

Fitzgerald made that crystal clear in a Sunday morning Zoom call.

Sign up for Devils Insider: Get exclusive news, behind-the-scenes observations and the ability to text message directly with beat writers

The Devils have a plan to go for it once young centers Nico Hischier and Jack Hughes reach their prime, but not before even though they still are under $18.35 million under next season’s $81.5 million salary cap following three significant weekend acquisitions – defenseman Ryan Murray (4.6M) and left wing Andreas Johnsson ($3.4M) via trades, and goalie Corey Crawford ($3.9M) in a free agent signing

Those additions strengthen the Devils’ depth chart a lot –Murray is

Space startup Momentus to go public at $1.2 bln valuation via blank-check merger

October 7, 2020

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Oct 7 (Reuters) – Space transportation company Momentus Inc said on Wednesday it will go public through a merger with blank-check firm Stable Road Acquisition Corp SRAC.O in a deal valued at $1.2 billion including debt.

As part of the deal, Momentus will get $172.5 million from Stable Road and $175.0 million from other private equity investors.

The California-based startup sells in-space shuttle services that help move satellites between orbits. The combined company will be listed on Nasdaq under the symbol “MNTS” after the deal closes.

A blank-check firm, also known as a special purpose acquisition company (SPAC), is a shell company which raises cash in an IPO with the goal of buying an unidentified private company, usually within two years, in a deal which would then take the acquired company public.

This year, a number of companies have preferred to go public through the SPAC route, as opposed to

Why the space industry may triple to $1.4 trillion by 2030

October 4, 2020

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SpaceX lands a Falcon 9 rocket booster after launching its Starlink mission

(This story is for CNBC PRO subscribers only.)

Bank of America expects the growing space economy will more than triple in size in the next decade, with the firm this week forecasting space will grow to become a $1.4 trillion market.

“While the COVID-19 pandemic has led to delays in some public and private programs … the outbreak has not appeared detrimental to overall investment. This may largely be due to the fact that most spending in space is business-to-business/government (B2B/G), which generally recovers faster than business-to-consumer (B2C) spending,” Bank of America analyst Ron Epstein wrote in a research note to investors.

The space economy has continued to grow, in large part to a record period of private investment and new investors opportunities in companies involved in spaceflight, satellites, and more. While Bank of America tracks just 14

Amazon to Take Citigroup Office Space in Singapore’s Finance Hub

September 30, 2020

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The Citigroup Inc. logo is displayed atop Tower 1 of Asia Square in Singapore.

Photographer: Munshi Ahmed/Bloomberg

Amazon Inc. is planning to take over some of Citigroup Inc.’s office space in Singapore at a time when a number of the e-commerce giant’s Chinese tech rivals expand in the city state.

The online retail giant will lease three floors covering about 90,000 square feet (8,360 square meters) at Asia Square Tower 1 in the heart of the financial district, according to people with knowledge of the plans. Staff will move into the new offices early next year, the people said, asking not to be identified because the plans aren’t public.

Citigroup, currently the building’s largest tenant with nine floors, is trimming its office space to better use its real estate as its 10-year lease is due to expire soon, the people said.

Investment firm signs lease to stay downtown, but will move to a smaller space

September 29, 2020

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In one of the largest office deals in downtown Boston since the COVID-19 pandemic hit in March, investment firm Columbia Threadneedle said Tuesday that it has signed a new lease for its global headquarters in the Atlantic Wharf office tower on Atlantic Avenue.

The asset management firm, which has about 500 Boston employees, will move there next year from 225 Franklin off Post Office Square, where it leases about 150,000 square feet. Its footprint at Atlantic Wharf will be smaller — two stories, which equates to about 82,000 square feet — part of a shift towards working from home and more flexibility that was in the works even before the pandemic.

“Our new office at 290 Congress Street will provide our employees and our business with the kind of modern, engaging and efficient space that will allow us to develop the optimal work environment for the future,” said Scott Couto,