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EA’s Saudi takeover will be “a real waste” if it turns the publishers into a “sequel-and-mega-franchise machine”, Helldivers 2 studio boss says
EA’s $55 billion leveraged buyout by Saudi Arabia’s Public Investment Fund, Silver Lake and Jared Kushner’s Affinity Partners has officially completed after receiving European Commission approval, taking the publisher private. Arrowhead CEO Shams Jorjani, whose studio makes Helldivers 2, has warned that the deal risks being “a real waste” of EA’s diverse catalogue if the…
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Saudi Aramco backs India’s Mitti Labs to make Asia’s rice farming more water-resilient
Mitti Labs, a climate-tech startup based in New York and Bengaluru, has raised $9.5 million in a Series A round led by Aramco Ventures, Saudi Aramco’s venture investment arm, to expand its water- and methane-reduction platform for rice farming across Asia. The investment matters because rice is a staple for more than half the world’s…
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Republicans stand behind Trump on Iran even as unpopularity of conflict grows
Republicans are largely standing behind President Trump’s handling of the Iran conflict, even as the prolonged military campaign threatens to become a political liability for the GOP heading into November’s midterm elections. The conflict has stretched on for nearly six months, and multiple public opinion polls suggest the war is broadly unpopular with Americans, raising…
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EA Is Now Owned By Saudi Arabia’s PIF, Silver Lake, And Affinity Partners
Electronic Arts has completed its acquisition by a consortium comprising Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners, following regulatory approvals in July. The deal, first announced in September 2025, takes EA private and ends its time as a publicly traded company, marking one of the largest buyouts in the games industry…
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EA workforce braces for cuts as Kushner-linked PIF buyout closes
Electronic Arts’ $55bn takeover by a consortium of Silver Lake, Affinity Partners (led by Jared Kushner) and Saudi Arabia’s Public Investment Fund has completed, taking the video game giant private after months of regulatory review. In a joint statement, EA chief executive Andrew Wilson and the consortium’s leaders framed the deal as a springboard for…
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Iran’s regime won’t negotiate in good faith. Trump must break its grip
President Donald Trump has signalled a significant escalation in Washington’s approach to Iran, shifting the focus from merely dismantling Tehran’s nuclear programme to actively undermining the regime’s ability to govern and survive. Speaking at Camp David, Trump indicated the US is prepared to intensify military pressure, marking what the article’s author, a Fox News opinion…
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AMB GORDON SONDLAND: America’s aid to Israel isn’t charity — it’s a bargain for US security
In an opinion piece for Fox News, Gordon Sondland, a former US ambassador, argues that American financial and military aid to Israel should not be viewed as charity but as a strategic investment that yields significant security benefits for the United States. He contends that public debate over the aid typically focuses only on what…
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Deal to reopen Strait of Hormuz ‘could be announced TODAY – but may give Iran greater control over traffic’
A deal to reopen the Strait of Hormuz to shipping traffic could reportedly be announced as soon as today, according to the headline of this report, though the arrangement may hand Iran greater control over vessels passing through the vital waterway. The strait, one of the world’s most important oil transit routes, has been a…
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Asian shares jump on AI trade revival despite SpaceX, AMD setbacks, as oil prices dip – business live
Asian stock markets rose on Wednesday as investor enthusiasm for artificial intelligence stocks returned, even as SpaceX shares fell following its first earnings report since going public and AMD faced its own setbacks. The rally came alongside a dip in oil prices, with Brent crude trading below $80 a barrel amid hopes for an interim…
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Video game maker EA bought by Saudi-led group for $55bn
Electronic Arts, the maker of The Sims, Madden NFL and Battlefield, has been bought by a Saudi-led investor group for $55bn (£41bn), one of the largest buyouts on record. The deal, completed on Tuesday evening after the EU granted final regulatory approval, takes EA private and ends its 36-year run as a publicly listed company.…