The European Commission approved the PIF-led take-private of Electronic Arts under its Foreign Subsidies Regulation, removing one of the last hurdles to the biggest leveraged buyout ever. The European Union has cleared the $55bn takeover of Electronic Arts by a Saudi-led consortium, removing one of the last regulatory hurdles to the largest leveraged buyout in […]<br /> This story continues at The Next Web [...]
A group of GeoGuessr map creators have pulled their contributions from the game to protest its participation in the Esports World Cup 2025, calling the tournament "a sportswashing tool used by th [...]
Electronic Arts is close to reaching a $50 billion deal that will turn it into a privately held company, according to The Wall Street Journal. The video game company filed for an IPO way back in 1990 [...]
EA employees involved with the Communications Workers of America union have issued a sternly-worded statement against the recently-proposed private acquisition of the company by Saudi-backed investors [...]
The esports partnership between the International Olympic Committee (IOC) and Saudi Arabia is no more. On Thursday, the IOC said that it and the Saudi Olympic and Paralympic Committee (SOPC) have &quo [...]
Niantic Labs just announced that it has found a buyer for its game division after putting out feelers back in February. The Saudi Arabia-owned company Scopely has agreed to purchase the division for $ [...]
Billions in AI investments and new export deals for US-made chips are shifting geopolitical power dynamics in the Middle East. Saudi Arabia and the United Arab Emirates are positioning themselves as A [...]
President Donald Trump’s new “Genesis Mission” unveiled Monday is billed as a generational leap in how the United States does science akin to the Manhattan Project that created the atomic bomb d [...]