In today’s MC Tech3 from Moneycontrol, we bring you the biggest stories shaping tech, startups and markets. Netflix has struck a massive $72 billion deal to acquire Warner Bros Discovery’s studios, marking one of the largest media consolidations ever. IPO momentum remains red-hot as Meesho’s public issue sees a blockbuster 79X subscription, alongside strong interest in Aequs. Binance CEO Richard Teng says India is critical to the company’s ambition of onboarding a billion crypto users globally. Meanwhile, the shakeout in hyperlocal commerce continues as PhonePe’s Pincode shuts its consumer-facing ONDC operations, following Ola’s exit. Plus, nationwide travel disruptions after IndiGo cancels hundreds of flights.
