U.S. sanctions worsen Cuba fuel shortage, affect tourism and transport
Cuban aviation authorities have warned airlines of jet fuel shortages at nine airports, including Havana’s José Martí International Airport, from ...
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.
U.S. President Donald Trump has criticised American freestyle skier Hunter Hess after the athlete said he felt conflicted about representing the United States at the Winter Olympics in Italy, sparking a public clash that highlights growing political tensions surrounding the Games.
U.S. skiing great Lindsey Vonn underwent surgery in an Italian hospital on Sunday after her attempt to win Olympic downhill gold ended in a violent crash just seconds into the race at the Milano Cortina Winter Games.
JD Vance arrived in Armenia on Monday (9 February), becoming the first sitting U.S. Vice President to visit the country, as Yerevan and Washington agreed to cooperate in the civil nuclear sector in a bid to deepen engagement in the South Caucasus.
The death toll from the collapse of two residential buildings in the northern Lebanese city of Tripoli has risen to 15, state media said on Monday, as rescue teams wrapped up search operations and officials warned that more people could still be missing.
António José Seguro’s decisive victory over far-right challenger André Ventura marks an historic moment in Portuguese politics, but analysts caution that the result does not amount to a rejection of populism.
Cuban aviation authorities have warned airlines of jet fuel shortages at nine airports, including Havana’s José Martí International Airport, from 10 February to 11 March, as a worsening energy crisis, intensified by U.S. sanctions, hits the country.
The European Union has proposed extending its sanctions against Russia to include ports in Georgia and Indonesia that handle Russian oil, the first time the bloc would target ports in third countries, a proposal document showed on Monday.
China will offer firm support for "patriotic pro-reunification forces" in Taiwan and strike hard against "separatists", the top Chinese official in charge of policy towards the democratically-governed island said on Tuesday (10 February).
Buckingham Palace said it is ready to support any police investigation into allegations that Prince Andrew shared confidential British trade documents with late sex offender Jeffrey Epstein, as King Charles expressed “profound concern” over the latest revelations.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 10th of February, covering the latest developments you need to know.
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