Dating app Bumble preparing for U.S. IPO, aims for valuation between $6 to $8 billion

According to sources familiar with the matter at hand, Bumble, a dating app, is preparing for an initial public offering (IPO), which could see the company being valued between $6 billion to $8 billion. Bumble’s IPO could come early next year, said a report from Bloomberg citing sources. Sources cautioned that Bumble’s IPO plans have…

UK to start trials to test effectiveness of convalescent plasma treatment on coronavirus patients

Britain is set to start trials to see whether plasma from coronavirus survivors could help in the recovery of those who have been severely affected with the COVID-19 disease. According to a statement on Saturday from British health department, up to 5,000 severely ill patients with COVID-19 could soon be treated each week with plasma…

SpaceX’s Falcon Heavy places Arabsat-6A communications satellite into space

The launch demonstrates SpaceX’s capability as well as Elon Musk’s entrepreneurial acumen. It will go a long way to garner lucrative satellite launch of military satellites, worth billions of dollars. In a significant development, SpaceX’s Falcon Heavy, the most powerful operational rocket in the world, lifted off from Florida in a key demonstration of Elon…