The most important stories from the week impacting your portfolio.

Rogers revenue beats expectations. Love 'em or hate 'em, big telcos make money. Rogers beat analysts' estimates, earning $1.09 per share for Q1, 14 cents higher than expected. The company attributes its increased revenue to almost 100,000 new customers, and a boost in roaming revenue as Canadians go abroad.

Microsoft given the cold shoulder by UK regulator. The Competition and Markets Authority has blocked Microsoft's US$69 billion takeover of video game giant Activision Blizzard citing competition concerns in cloud gaming should the acquisition go through. The deal has faced scrutiny by agencies in the US and Europe, but Microsoft and Activision both say they want to deal to proceed. 

Netflix rides the "Korean Wave." The streaming giant announced a US$2.5 billion investment over four years to create more South Korean content after the success of shows like Squid Game—the platform's most-watched series of all time. The move is mutually beneficial as Netflix can stay a strong presence in the Asian market, and its bottom line can benefit from "cost-effective Korean content."