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US supply of long-range missiles, THAAD interceptors nearly exhausted: Reports
The U.S. military’s supply of its premier long-range missiles and interceptors for a key missile defense system are nearly exhausted after over five months of airstrikes against Iran, underscoring worries about U.S. preparedness to fight other conflicts that may emerge around the world, news outlets reported on Tuesday. The Army has expended “virtually all” of…
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The Saudi-led $55 billion takeover of EA has closed
Electronic Arts has completed its $55 billion takeover by a consortium led by Saudi Arabia’s Public Investment Fund, marking one of the biggest changes in ownership in the video game industry’s history. The deal, which closed on Tuesday, returns EA to private ownership and is the largest leveraged buyout ever recorded, though it leaves the…
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EA Acquisition by Saudi Arabia’s PIF, Silver Lake, and Jared Kushner’s Affinity Partners Is Now Complete
Electronic Arts has completed its $55 billion acquisition by a private investor consortium comprising Saudi Arabia’s Public Investment Fund, Silver Lake, and Jared Kushner’s Affinity Partners, closing a deal first announced in September 2025 and approved in December that year. It stands as the largest deal of its kind in gaming history, marking a major…
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PIF-led consortium completes $55bn take-private of Electronic Arts
Electronic Arts has officially completed its move to private ownership, with the $55 billion all-cash takeover by Saudi Arabia’s Public Investment Fund (PIF), Jared Kushner’s Affinity Partners and Silver Lake closing at the end of trading on 4 August 2026. The deal followed EA’s confirmation via a US Securities and Exchange Commission filing that all…
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EA Has Officially Been Sold, And What Comes Next Could Be Painful
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EA is now a private company
Electronic Arts has officially become a private company after an investor group led by Saudi Arabia’s Public Investment Fund (PIF), Silver Lake and Affinity Partners completed its $55 billion (£43 billion) acquisition of the games publisher. The deal, first announced last September, closed on Tuesday and marks the largest leveraged buyout in history, raising questions…
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Stock market ROARS and oil prices plunge after Trump team signals Iran deal could be finalized ‘today or tomorrow’
Global stock markets rallied and oil prices fell sharply after members of Donald Trump’s administration indicated that a nuclear deal with Iran could be finalised within a day or two. The suggestion, reportedly made by Trump officials including Treasury Secretary Scott Bessent, eased fears of a prolonged Middle East conflict and boosted investor confidence, sending…
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Alarming missile report draws forceful response from Trump as Iran war tests America’s arsenal
The Trump administration has pushed back against concerns that the conflict with Iran has significantly depleted America’s stockpile of advanced long-range missiles, after a Reuters report claimed the US Army had used up “virtually all” of its supplies of two key precision weapons systems. The report, citing sources familiar with internal military data, raises questions…
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Iran’s unseen supreme leader becomes weapon in escalating power struggle, experts say
Iran’s political factions are increasingly invoking the name of Supreme Leader Mojtaba Khamenei to attack rivals and shore up their own standing, even as doubts remain about whether he is genuinely exercising governing authority, according to Iran experts. The dispute matters because it exposes deepening rifts at the top of Iran’s leadership at a time…
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Netanyahu Refuses To Withdraw From Gaza Until Hamas Completely Disarms
The Israeli prime minister suggested there were differences with the Trump administration over a recent deal announced to disarm the militants.