July 12 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- Microsoft can close its $75 billion acquisition of Activision Blizzard, a U.S. federal judge ruled Tuesday, delivering a major setback to the Biden administration's attempt to rein in big mergers.
- Disney is exploring strategic options for its Star India business, including a joint venture or a sale, a sign of strain at one of the premier properties it acquired from Fox.
- KPMG plans to invest $2 billion in artificial intelligence and cloud services across its business lines globally over the next five years through an expanded partnership with Microsoft , the latest move by a Big Four accounting firm to double down on the technologies.
- Kim Kardashian is in talks to buy back the minority stake of her beauty company she had sold to beauty and fragrance seller Coty, according to people familiar with the matter.
- Vivendi owned advertising company Havas has acquired 51% of marketing agency Uncommon in an all-cash deal that values the London-based company at more than 100 million British pounds, or around $129 million, the companies said.
- The Washington Post named former CNN and New York Times executive Alex MacCallum its new revenue chief, a step in rebuilding its top ranks in the midst of a shake-up of senior leadership.
(Compiled by Bengaluru newsroom)
