Topic: investment consortium
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Dead Space Reportedly Shelved, Could Be Sold by EA
Electronic Arts has reportedly shelved the Dead Space franchise and is considering selling the intellectual property outright. This strategic review is part of EA's effort to manage a significant debt burden following a massive, debt-financed acquisition deal. The future of the acclaimed horror s...
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Latest Updates on the US TikTok Deal
TikTok, owned by China's ByteDance, has faced years of U.S. scrutiny over data security concerns, leading to political tensions and service disruptions for American users. A proposed deal would transfer control of TikTok's U.S. operations to American investors like Oracle and Silver Lake, valuing...
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Trump Touts TikTok Deal, But China Remains Silent
President Trump announced a deal to prevent TikTok's U.S. ban after a call with Xi Jinping, though specifics remain uncertain and unconfirmed by China. The proposed arrangement involves U.S. investors acquiring an 80% stake in TikTok's U.S. operations, with Oracle managing data and ByteDance lice...
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