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Game Trailers
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Gaming News
Saudi Arabia’s investment fund reportedly low on cash and limiting investment, following EA acquisition
Saudi Arabia’s Public Investment Fund is reportedly running low on cash, following investments into projects in financial distress. The claim comes from a new report from The New… Continue reading
Gaming News
Ubisoft confirms €1.16bn Tencent investment into Assassin’s Creed maker is “on track”, following last week’s surprise delay to financial report
Ubisoft has stated its transaction with Tencent is “on track to close in the coming days”, as the Chinese conglomerate acquires a minority stake in its new subsidiary… Continue reading
Game Trailers
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Gaming News
EA privately acquired in $55bn deal by group of investors, including Saudi Arabia’s investment fund and Donald Trump’s son-in-law
EA has officially been acquired by a group of investors including Saudi Arabia’s Public Investment Fund in a private transaction worth $55bn. EA chairman and CEO Andrew Wilson… Continue reading
Gaming News
CEO of EA, home to studios like Maxis and Bioware, claims company’s values will “remain unchanged” following sale to Saudi government, investment firms
Electronic Arts CEO Andrew Wilson has stated that the company’s values will remain unchanged following a $50bn buyout from the Saudi Arabian Public Investment Fund, Silver Lake, and… Continue reading
Sep 23, 2025Ravie LakshmananFinancial Crime / Cryptocurrency Law enforcement authorities in Europe have arrested five suspects in connection with an “elaborate” online investment fraud scheme that stole more… Continue reading
Black entertainment and events company Cxmmunity Media has landed a six-figure strategic investment from Live Nation Urban. As a result of the investment, the primarily music and gaming-focused… Continue reading
Xbox has revealed that this year marks its “largest investment” in the Xbox Game Pass subscription service to date, so it’s clear the company isn’t too fazed by… Continue reading
