French farmers stage new Paris protest against EU-Mercosur trade deal
French farmers have driven hundreds of tractors into Paris in a renewed protest against an EU-Mercosur trade agreement they say threatens domestic agr...
Video game giant Electronic Arts (EA), the studio behind titles like Madden NFL, Battlefield and The Sims, is set to be acquired for $52.5 billion in what would be the largest-ever private equity buyout.
The deal is being led by Silver Lake Partners, Saudi Arabia’s Public Investment Fund (PIF), and Affinity Partners, the investment firm headed by Jared Kushner, Donald Trump’s son-in-law. Shareholders will receive $210 per share. Including debt, the transaction is valued at about $55 billion—well above the previous record set by the $32 billion takeover of Texas utility TXU in 2007.
PIF, already EA’s biggest insider shareholder with a 9.9% stake, will roll its investment into the deal. Analysts note the move aligns with PIF’s strategy to expand its gaming arm, Savvy Gaming Group, which has already bought companies such as ESL, FACEIT and Scopely.
If approved, the deal will end EA’s 36 years as a publicly traded company. Founded in 1982 by former Apple employee William “Trip” Hawkins, EA went public in 1989 with its stock debuting at a split-adjusted 52 cents.
EA CEO Andrew Wilson, who has led the company since 2013, will stay in his role. Headquarters will remain in Redwood City, California.
The buyout comes as global competition in gaming intensifies. Microsoft acquired rival Activision Blizzard for nearly $69 billion in 2023, while mobile game makers such as Epic Games continue to challenge traditional publishers.
For now, the deal cements EA as the centrepiece of Saudi Arabia’s biggest gaming bet yet—and the largest private equity buyout in history.
Real Madrid have parted ways with coach Xabi Alonso, appointing former defender Álvaro Arbeloa as his replacement.
Timothée Chalamet won the Golden Globe for best male actor in a musical or comedy on Sunday for his role in Marty Supreme, beating strong competition in one of the night’s most closely watched categories.
Hawaii’s Kīlauea volcano is showing increased activity, with lava flowing from two summit craters and flames, smoke and ash rising from the caldera.
Israel has sharply escalated its warnings to Lebanon amid rising regional tensions linked to Iran, according to a report by the Lebanese newspaper Nida Al Watan.
Iranian authorities have taken steps to disrupt access to Starlink satellite internet, according to users and digital-rights groups, in what appears to be the latest effort to tighten control over people’s access to the internet inside the country.
French farmers have driven hundreds of tractors into Paris in a renewed protest against an EU-Mercosur trade agreement they say threatens domestic agriculture by allowing cheaper South American imports.
The Afghan embassy in New Delhi says Afghanistan and India have agreed to strengthen political and economic cooperation as Pakistan expresses concern over both countries' growing ties.
The foreign ministers of Denmark and Greenland will meet U.S. Vice President JD Vance and Secretary of State Marco Rubio at the White House on Wednesday, after President Donald Trump revived calls for the United States to take control of Greenland.
Canada’s Prime Minister Mark Carney is departing for China (13 January) for the first time since 2017, after years of strained diplomatic relations between the two countries that began in the late 2010s with disputes over trade, national security and human rights significantly weakened their ties.
The U.S. will invest $115 million in counter-drone measures to bolster security around the FIFA World Cup and America’s 250th Anniversary celebrations, the Department of Homeland Security said on Monday.
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