Topic: silver lake

  • Saudi Arabia, Jared Kushner Join $55B EA Buyout, Acquire Madden

    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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  • Trump Admin Reportedly Set to Collect $10 Billion in TikTok Deal

    Trump Admin Reportedly Set to Collect $10 Billion in TikTok Deal

    The Trump administration is set to receive a $10 billion fee from the TikTok ownership restructuring, with an initial $2.5 billion paid to the U.S. Treasury, following its involvement in brokering the deal. This arrangement is part of a pattern of unprecedented government intervention in private ...

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  • TikTok Ban: Latest Updates on the US Shutdown and Return

    TikTok Ban: Latest Updates on the US Shutdown and Return

    TikTok has resolved a U.S. legal challenge by creating a new joint venture, TikTok USDS Joint Venture LLC, set to launch in January 2026, with partners including Oracle. This new U.S.-based entity will take full control over American user data, algorithm security, content moderation, and platform...

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