The Microsoft- Activision Blizzard acquisition has attracted scrutiny from several antitrust enforcers, including Britain's Competition and Markets Authority, over concerns it would hinder competition in the nascent cloud gaming market.

Fidelity trimmed its valuation estimate for Ant to about $63.8 billion as of the end of November. The fintech giant recorded a 56 percent slump in quarterly profit in the three months ended Dec. 31., a May regulatory filing shows.

From drop in hiring at startups and IT sector to Tata Group set to becoming the first Indian iPhone maker, here's a rundown of 11 significant news stories to keep you in the know.

As per the report, Hotstar is estimated to lose between 8 million and 10 million subscribers in its fiscal third quarter. These developments highlight the challenges faced by Star India, which was rebranded as Disney Star the previous year. Disney's India business encompasses a wide range of television channels and holds a stake in a prominent movie production company.