Electronic Arts Inc. has agreed to the largest leveraged buyout in history, valued at approximately $55 billion, in a landmark transaction that signals Saudi Arabia’s aggressive push into global entertainment. A consortium including Saudi Arabia’s sovereign wealth fund and Jared Kushner’s Affinity Partners will acquire the gaming giant at a 25% premium, with JPMorgan Chase providing $20 billion in debt financing for the record-setting deal.
about Saudi-Led $55B Buyout of Electronic Arts Sets RecordElectronic Arts Inc.
0 in Finance and 0 in Crypto last weekEA Releases Command and Conquer Source Code with Steam Workshop Support
EA has released the source code for classic Command & Conquer titles, including Tiberian Dawn and Red Alert, along with Steam Workshop support. This initiative, part of the 2024 Command & Conquer Ultimate Collection launch, aims to enhance modding capabilities, featuring updated tools and a Modding Support Pack for users. The open-sourced code also includes humorous developer comments.
about EA Releases Command and Conquer Source Code with Steam Workshop SupportSims 4 Update Causes Children to Appear Pregnant Due to Bug
A recent update to Sims 4 has unintentionally caused children in the game to appear pregnant due to a mix-up in character presets. While players have reported this bug on Reddit, the birthing feature remains exclusive to adults and young adults. Players will have to wait until their characters age to resolve the disproportionate appearances, as modifications for children are locked.
about Sims 4 Update Causes Children to Appear Pregnant Due to BugPlayStation Plus March 2025 Lineup Features Dragon Age and More
In March 2025, PlayStation Plus will introduce three new titles: “Dragon Age: The Veilguard” for PS5, a single-player RPG where players lead the Veilguard against ancient gods; “Sonic Colors: Ultimate” for PS4, featuring enhanced visuals and new modes; and “Teenage Mutant Ninja Turtles: The Cowabunga Collection” for both PS4 and PS5, offering 13 classic games with modern features.
about PlayStation Plus March 2025 Lineup Features Dragon Age and MoreThe Sims 4 Welcomes Back The Burglar with New Gameplay Features
The Sims 4 has welcomed back the iconic NPC, The Burglar, after a decade-long absence. Players can now utilize various methods to deal with the character, including using a Burglar Alarm, dogs, werewolves, spellcasters, and more. This update is included in the base game, requiring no additional purchase.
about The Sims 4 Welcomes Back The Burglar with New Gameplay FeaturesNetEase lays off Marvel Rivals team despite game’s success
NetEase Games has laid off the entire team of Thaddeus Sasser, the director of the successful Marvel Rivals, despite the game’s strong launch and peak of 644,269 concurrent players on Steam. Sasser, a veteran developer, expressed frustration over the unpredictability of success in the industry and is now focused on helping his former colleagues find new roles. NetEase has not commented on the layoffs or the future of Marvel Rivals.
about NetEase lays off Marvel Rivals team despite game's successXbox Game Pass February Updates Featuring Avowed and New Game Releases
Xbox Game Pass introduces several new titles this February, including the day-one launch of Obsidian Entertainment’s action RPG, Avowed, on February 18. EA Sports F1 24 and Warhammer 40,000: Rogue Trader will also join the lineup on February 20, followed by Watch Dogs: Legion on February 25. Additionally, various DLCs and game updates are set to enhance the gaming experience, while several titles will leave the service on February 28.
about Xbox Game Pass February Updates Featuring Avowed and New Game ReleasesUS stocks edge closer to record highs amid mixed market signals
U.S. stocks are inching toward record highs, with the S&P 500 up 0.3% and the Dow Jones gaining 349 points. GE Aerospace surged 6.8% after strong earnings, while Netflix rose 2.2% following a positive profit report. In contrast, American Airlines fell 7.9% despite reporting better-than-expected profits, and Electronic Arts dropped 16.5% due to revenue concerns.
about US stocks edge closer to record highs amid mixed market signalsUS stock market trends upward as S&P 500 nears record high
U.S. stocks are inching toward record highs, with the S&P 500 up 0.1% and the Dow Jones gaining 257 points. Treasury yields rose slightly amid mixed economic signals, while GE Aerospace and Netflix saw significant gains. In contrast, American Airlines and Electronic Arts faced declines due to disappointing forecasts.
about US stock market trends upward as S&P 500 nears record highU S Stocks Edge Higher as S P 500 Approaches Record High
U.S. stocks are inching toward record highs, with the S&P 500 up 0.2% and the Dow Jones gaining 236 points. Mixed Treasury yields reflect a stable economic outlook, despite a slight increase in unemployment claims. Notable market movements include GE Aerospace rising 6.8% and Electronic Arts plummeting 18.2% due to revenue warnings.
about U S Stocks Edge Higher as S P 500 Approaches Record HighWall Street Rally Slows as S&P 500 Nears Record High
U.S. stocks are experiencing a slowdown as the S&P 500 drifts near its record high, down 0.1% in early trading, while the Dow Jones rises 0.2%. Electronic Arts shares fell 15% due to disappointing revenue forecasts, whereas GE Aerospace surged 8.5% after exceeding profit expectations. Treasury yields remain steady, with the 10-year yield at 4.64%.
about Wall Street Rally Slows as S&P 500 Nears Record HighMixed Stock Futures as Netflix Surges and EA Faces Demand Decline
U.S. stock futures are mixed following a tech-driven rally, with Netflix shares surging nearly 10% after strong earnings. The U.K. has launched an antitrust investigation into Apple and Google, while GE Aerospace’s stock jumps 7% on better-than-expected quarterly results. Conversely, Electronic Arts faces a 16% drop in shares due to declining demand for its games.
about Mixed Stock Futures as Netflix Surges and EA Faces Demand Decline