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$55 billion EA buyout hands Madden over to investors including Saudi Arabia and Jared Kushner

theverge.com Emma Roth 2025-10-03 16:51:27

The transaction was approved by EA’s Board of Directors, is expected to close in Q1 FY27 and is subject to customary closing conditions, including receipt of required regulatory approvals and approval by EA stockholders. Following the close of the transaction, EA’s common stock will no longer be listed on any public market. The transaction will be funded by a combination of cash from each of PIF, Silver Lake, and Affinity Partners as well as roll-over of PIF’s existing stake in EA, constituting

Topics: billion close ea pif transaction
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EA reportedly plans to go private with help from Silver Lake and Saudi Arabia

engadget.com Unknown 2025-10-03 13:30:11

Electronic Arts is close to reaching a $50 billion deal that will turn it into a privately held company, according to The Wall Street Journal. The video game company filed for an IPO way back in 1990 and has been public ever since, but now a group of investors are in talks with the company to take it private. Those investors reportedly include private equity firm Silver Lake, Saudi Arabia's Public Investment Fund (PIF) and Jared Kushner's Affinity Partners, whose largest source of funding is als

Topics: company ea gaming pif saudi
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Sunken World War II Debris Has Become Surprisingly Useful for Sea Creatures

gizmodo.com Ellyn Lapointe 2025-10-07 12:00:22

During World War II, unused explosive munitions were frequently dumped at sea. Today, the waters off the coast of Germany contain 1.6 million tons of sunken weapons laden with chemicals that are highly toxic to marine life. Surprisingly, researchers behind a new study in Nature Communications Earth & Environment observed more sea creatures clinging to debris than living on the ocean floor around it. The findings suggest some marine organisms can tolerate high levels of toxic compounds as long a

Topics: epifauna hard researchers toxic warheads
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Opendoor taps new CEO and names Keith Rabois chairman, boosting stock 30%

cnbc.com Annie Palmer 2025-10-31 04:02:53

Keith Rabois of Khosla Ventures attends Day 3 of TechCrunch Disrupt SF 2013 at San Francisco Design Center on September 11, 2013 in San Francisco, California. Opendoor , the online real estate platform that's seen a surge of retail investor interest in recent months, said Wednesday that it's tapped former Shopify executive Kaz Nejatian as CEO and named co-founder Keith Rabois as chairman. The stock popped 30% in extended trading, and is now up more than fifteenfold since hitting its record low

Topics: ceo company opendoor rabois shopify
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Shopify stock soars 21% on rosy guidance as CFO says tariff hit 'did not materialize'

cnbc.com Annie Palmer 2026-01-06 21:02:51

The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, on Sept. 28, 2018. Shopify shares soared 21% on Wednesday after the company topped analysts' estimates for the second quarter, and gave rosy guidance for the third quarter. Here's how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: 35 cents adjusted vs. 29 cents 35 cents adjusted vs. 29 cents Revenue: $2.68 billion vs. $2.55 billion Second-quarter sales surged 31% year over ye

Topics: company guidance quarter shopify year
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Shopify stock soars 20% on rosy guidance as CFO says tariff hit 'did not materialize'

cnbc.com Annie Palmer 2026-01-08 06:37:36

The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, on Sept. 28, 2018. Shopify shares soared 20% Wednesday after the company topped analysts' estimates for the second quarter, and gave rosy guidance for the third quarter. Here's how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: 35 cents adj. vs. 29 cents 35 cents adj. vs. 29 cents Revenue: $2.68 billion vs. $2.55 billion Second-quarter sales surged 31% year over year to $2.68

Topics: company guidance quarter shopify year
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Is the doc bot docs, or not?

news.ycombinator.com Unknown 2026-03-04 03:38:29

July 8, 2025 Upgrading my Shopify email noti­fi­ca­tion templates this morning, I asked Shopify’s LLM-powered devel­oper doc­u­men­ta­tion bot this ques­tion: What’s the syntax, in Liquid, to detect whether an order in an email noti­fi­ca­tion con­tains items that will be ful­filled through Shopify Collective? I’d done a few tra­di­tional searches, but couldn’t find an answer, so I thought, okay, let’s try the doc bot! The reply came, quick and clean: {% if order.tags contains 'Shopify Coll

Topics: bot doc order shopify tion
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After Shopify bought his last startup, Birk Jernström wants to help developers build one-person unicorns

techcrunch.com Anna Heim 2026-04-07 23:00:00

Sam Altman and “his tech CEO friends” have a betting pool on the year we will see the first one-person billion-dollar company. The idea of a single person reaching a billion-dollar valuation for a startup would have been unthinkable without AI. But single-person, AI-first businesses have been sprouting all over the tech industry and Birk Jernström, CEO of Polar, a “monetization platform to empower one-person unicorns,” is standing by to help them get there. Polar hopes to stand out from other

Topics: build jernström polar shopify tictail
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