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Disney CEO Bob Iger announced price hikes for Disney+ and layoffs to reassure investors about the company's streaming business. The price hikes come as Disney faces increasing competition from rivals like Netflix and Amazon. The layoffs are part of a $1 billion cost-cutting initiative. Iger said the moves were necessary to make Disney more efficient and to position the company for long-term growth. Investors welcomed the moves, sending Disney shares up more than 5% in after-hours trading.

President Biden signed an executive order that will restrict US investments in Chinese companies that are involved in sensitive technologies, such as artificial intelligence, quantum computing, and semiconductors. The order is part of Biden's broader efforts to counter China's growing technological prowess. The order is expected to have a significant impact on US-China relations and is a significant escalation of the US-China technology war.

The BSE's net profit jumped 11x to Rs 440 crore in Q1 FY24, driven by the sale of its stake in CDSL for Rs 340 crore and growth in core businesses.