Speaking to CNBC-TV18 at the Cannes Lion festival, Raja Rajamannar, the Global CMO & President of Healthcare Business at Mastercard emphasised that AI should be seen as augmented intelligence rather than artificial intelligence. He highlighted how it can boost productivity and elevate work to new heights.

Microsoft's victory in court on Tuesday, and a subsequent climbdown by Britain's competition authority, brought the tech giant two steps closer to finalising its tie-up with Activision, Microsoft's biggest deal ever. Still, any outstanding regulatory hurdle makes it more likely that the agreement between Microsoft and Activision will expire on July 18 without the deal having been completed.

Meta CEO Mark Zuckerberg was seen having intense training sessions with 2 UFC (Ultimate Fighting Championship) champions at a gym in Nevada even as post the Threads launch, his rivalry with Twitter boss Elon Musk reaches another level.

"From a Nazara perspective, it is a bit early for us to define a clear-cut strategy. Obviously, we will have to pause and review our RMG strategy. But if you will appreciate, Nazara has grown in the last many years across several categories of business very rapidly, and therefore, while RMG of course was a prospective area that we were getting quite interested in, you will also appreciate that since the time of our IPO, we have always said that we are waiting for regulatory clarity to take a larger move in this particular segment," the Nazara Tech CEO said.