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On September 29, 2025, Electronic Arts (EA) agreed to be acquired in a $55 billion leveraged buyout by Saudi Arabia's Public Investment Fund (PIF), Silver Lake Partners, and Jared Kushner's Affinity Partners. The deal offers EA shareholders $210 per share, a 25% premium, and will take EA private by early fiscal 2027, ending its 36-year public trading history.
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SXSW Sydney's third edition highlights the resilience of indie game developers amid industry downturns. Despite high costs and limited support from major studios, solo and small teams showcase innovative projects like Mixtape and Hyper Primate. Meanwhile, industry acquisitions and upcoming immersive events signal ongoing shifts in entertainment and tech sectors.
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President Trump is engaging in high-level talks with Saudi Crown Prince Mohammed bin Salman, amid reports of a potential real estate deal involving the Trump family in Diriyah. The negotiations highlight ongoing blending of Trump’s diplomatic role and personal business interests, with several Saudi projects linked to the Trump Organization since his return to office.
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Multiple bidders, including Paramount Skydance, Netflix, and Comcast, are competing to acquire Warner Bros. Discovery. Paramount Skydance is seen as the front-runner due to political ties and financial backing, but regulatory hurdles and political considerations could influence the outcome. The story is current as of Thu, 04 Dec 2025.