current affairs 21 january 2022

Microsoft to acquire video gaming company Activision Blizzard for $68.7 bn.

Microsoft Corp. is set to acquire game maker Activision Blizzard Inc. for $68.7 billion in an all-cash transaction. ($95.00 per share).
The acquisition will boost Microsoft's competitiveness in the mobile gaming business and virtual-reality technology across mobile, PC, console and cloud, and provide the building blocks for the metaverse.
Activision Blizzard is best known as the creator of Candy Crush and Call of Duty, Xbox, among other major video games.
Upon completion of the deal, Microsoft will become the world's third-largest gaming company by revenue, behind Tencent and Sony.
This is the biggest deal Microsoft has ever made and the biggest deal ever in the history of the gaming industry.

Markets regulator Securities and Exchange Board of India (SEBI) on January 19, 2022 launched a mobile app on investor education Saa₹thi in Mumbai.
The new app aims to create awareness among investors about basic concepts of securities market, KYC process, trading and settlement, mutual funds, recent market developments, investor grievance redressal mechanism, etc.
In the app SaaRthi, R is denoted using the Indian Rupee (INR) symbol.

A maritime partnership exercise was conducted between the Indian Navy and the Japan Maritime Self Defense Force (JMSDF) in the Bay of Bengal in a non-contact mode amid COVID-19.
The Indian side was represented by Indian Naval Ships (INS) Shivalik and INS Kadmat while JMSDF ships Urga and Hirado participated from the Japanese side.
To strengthen bilateral relations, promote defense cooperation, enhance mutual understanding and interactivity and share best practices between IN and JMSDF.

Israel has completed a successful flight test of the Arrow-3 which is designed to intercept ballistic missiles outside the Earth's atmosphere.
The test was conducted at a test site in central Israel, and was led by Israel Aerospace Industries (IAI).
It was developed in a joint project between the Missile Defense Organization of the Ministry of Defense and the US Missile Defense Agency.
After months of delays and technical problems, the Arrow 3 was successfully tested for the first time in February 2018.
It is considered one of the most powerful weapons of its kind in the world and has been in development since 2008.

India is all set to host the AFC Women's Football Asian Cup India 2022 in Mumbai, Navi Mumbai and Pune from 20 January 2022.
The tournament will witness 12 teams competing for the trophy.
The AFC Women's Asian Cup India will also be the final stage of Asian qualification for the 2023 FIFA Women's World Cup in Australia and New Zealand.
Five teams will qualify directly for the main event while two of them advance to the Inter-Confederation play-offs.
Japan is the defending champion of the Women's Asian Cup, having won it in 2018.
Hosts India are placed in Group A along with China, Chinese Taipei and Iran. Meanwhile, Australia, Thailand, the Philippines and Indonesia have been placed in Group B.
Defending champion Japan finds itself in Group C along with South Korea, Vietnam and Myanmar.