Topic: funding sources
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Saudi Arabia, Jared Kushner Join $55B EA Buyout, Acquire Madden
Electronic Arts (EA) will become a privately held company following a $55 billion acquisition by a consortium led by Saudi Arabia's Public Investment Fund, alongside Silver Lake and Affinity Partners. The deal, approved by EA's Board of Directors, is expected to finalize in the first quarter of f...
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New Lord of the Rings Game Reportedly Rivals Hogwarts Legacy
A new third-person action game set in The Lord of the Rings universe is in development, aiming to compete with the success of Hogwarts Legacy. The project is backed by $100 million in funding from the Abu Dhabi Investment Office and involves Embracer Group and developer Revenge. This initiative i...
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Assassin's Creed: Shadows Shifts to "Chunkier Updates" Over Second Expansion
Assassin's Creed: Shadows is shifting from multiple large expansions to "chunkier updates," abandoning the two-expansion model used since Assassin's Creed Origins. The new strategy focuses on being "small and reactive," using community feedback to guide more substantial but less frequent content ...
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Oldest Wooden Tools Unearthed in Greece
Two wooden artifacts discovered in Greece, dating back approximately 430,000 years, are the oldest known wooden tools, revealing early human technological capabilities. The tools, including a possible digging stick and a smaller handheld piece, were preserved in waterlogged sediments at the Megal...
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