Subrat Patnaik
Stories by Subrat Patnaik
Microsoft to buy ‘Call of Duty’ maker Activision Blizzard for $68.7b in gaming push
The mega-deal would help the Xbox maker become the third-largest gaming company by revenue.
China’s Alibaba warns of slowest revenue growth since 2014 debut
The company last week recorded its slowest sales growth during its annual Singles' Day fest.
Airbnb’s Chesky says travel never going back to the way it was before pandemic
The startup was hit by the COVID-19 pandemic in early 2020 and its business dropped by 80% in a little over eight weeks.
Tencent-backed Chinese live game streaming firms Huya, DouYu to merge
Tencent is Huya's biggest shareholder and also owns over a third of DouYu.
Apple becomes first US firm to reach $2t market cap
Its shares briefly rose to as high as $468.65 on Wednesday, equivalent to a market cap of $2.004 trillion.
Google to buy stake in home security company ADT for $450m
The investment gives ADT the backing of a high-profile technology partner and broadens its services business.
US chipmaker Analog Devices to buy Maxim Integrated for $20.91b
The offer values Maxim at $78.43 per share, a premium of about 22% to its Friday close.
Uber scoops up Postmates for $2.65b in food delivery push
The move is just weeks after Uber walked away from a deal to buy US-based GrubHub.
Fortis takeover battle intensifies with unsolicited bid from KKR-backed Radiant Life Care
Radiant, the fifth suitor, proposed a demerger of the hospital from Fortis Healthcare (FHL) into a new company
India: Bajaj Finance picks up stake in mobile payments firm MobiKwik for $35m
Digital payments in India will jump nearly 10 times by 2020 to $500 billion.
