In a somewhat surprising team up, Jared Kushner and Saudi Arabia’s sovereign wealth fund are joining together to buy video game giant Electronic Arts for a staggering $55 billion.
The Sims and Battlefield maker is selling amid sluggish growth after sales swelled during the pandemic lockdowns. Read more at straitstimes.com. Read more at straitstimes.com.
The new classification approach primarily targets loot boxes. These are features in games which fall under a broader umbrella of "random reward mechanics." These features usually require an in-game ...
Electronic Arts, the maker of EA Sports FC and The Sims, is selling amid sluggish growth for the $178 billion video game industry, after sales swelled during the pandemic lockdowns.
The video-game maker is selling to a consortium that includes Saudi Arabia’s Public Investment Fund, and a fund founded by US President Donald Trump’s son-in-law Read more at The Business Times.
Video game giant Electronic Arts, known for The Sims and FIFA games, announced Monday it would be acquired for $55 billion by a consortium led by Saudi Arabia's Public Investment Fund. FIFA was ...
Gaming giant Electronic Arts (EA) agreed to sell itself to a group of private investors in a deal that values the company at about $55bn (€ 47bn), marking the largest leveraged buyout on record. The ...
Roblox has no trouble attracting players, but profitability is another story. With steep losses and a premium valuation, investors need to watch these three levers closely.
Roblox Corp. is facing criticism from three advocacy groups who say the parental approval required before children can play games involving “sensitive issues” like marriage equality and pay equity in ...
Roblox notified game makers in August that it was introducing a new "content descriptor and parental control [for] experiences that are primarily themed on a sensitive social, political, or religious ...
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