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'FIFA' Game Maker Electronic Arts To Be Taken Private In Record $55 Billion Deal
Video game giant Electronic Arts, known for The Sims and FIFA games, announced Monday it would be acquired for $55 billion by a consortium led by Saudi Arabia's Public Investment Fund.
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Zoho's Sridhar Vembu Reveals Why Company Won't Go Public: 'The Reality...'
Zoho co-founder Sridhar Vembu revealed that projects like Arattai would not exist if the company had gone public.
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Is OpenAI About to Go Public? New Non-Binding Microsoft Deal Signals IPO Plans
OpenAI’s path towards acquiring more investors or going public has been cleared by Microsoft. The two entities signed a non-binding memorandum of understanding (MoU) on Thursday and called it the next phase of their partnership. This MoU also gives the San Francisco-based AI firm to now formalise the conversion of its for-profit arm into a PBC.
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Norway's $1.9 Trillion Wealth Fund Sells Off Israeli Assets
Norway's $1.9 trillion sovereign wealth fund has divested from 11 Israeli companies and is terminating all contracts with external managers in Israel following public outcry over its investments linked to the war in Gaza.
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Saudi Arabia's Tourism Shift From Skyscrapers To Mountain Villages
Saudi Arabia's sovereign wealth fund, called the Public Investment Fund (PIF), and private investors are working on master plans costing billions of dollars for projects that can be enjoyed year-round.
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"Ready For Gaganyaan": Shubhanshu Shukla To NDTV After Historic Space Mission
In his first public interaction since returning from a landmark 20-day space mission, India's astronaut Group Captain Shubhanshu Shukla spoke to NDTV, offering a deeply personal and inspiring account of his journey beyond Earth.
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Cabinet Eases Investment Rules For NLC India To Fast-Track Green Energy Drive
The Cabinet Committee on Economic Affairs, chaired by PM Modi, on Wednesday approved a special exemption for NLC India Limited from the prevailing investment guidelines applicable to Navratna Central Public Sector Enterprises.
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Donald Trump Jr, Omeed Malik Still 'Long On Elon' After Feud
Donald Trump Jr., a partner at 1789 Capital, said the investment firm still supports Elon Musk's companies financially and is looking past the billionaire's public falling-out with his father, the US president.
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$100 Million Crypto Tokens, Missing Footprint And The Trump Connection
A venture calling itself Aqua 1 Foundation and saying it is based in the United Arab Emirates announced in late June it had bought $100 million worth of World Liberty's crypto tokens, becoming the largest publicly known investor in the business.
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OpenAI Executives Said to Be Weighing Antitrust Accusation Against Microsoft
OpenAI executives have reportedly considered accusing Microsoft of anticompetitive behavior in their partnership. OpenAI's effort could involve seeking a federal regulatory review of the terms of its contract with Microsoft for potential violations of antitrust law, as well as a public campaign.
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Explained: How Bitcoin Strategies Will Impact Market Dynamics
Certain public companies, including one founded by President Donald Trump, have been going on a cryptocurrency buying spree, capitalizing on higher token prices and a softening regulatory environment to load up on the attention-grabbing investment.
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Stablecoin Giant Circle Targets $6.7 Billion Valuation in US IPO
New York-based Circle and some existing investors are looking to raise up to $624 million (roughly Rs. 5,339 crore) by offering 24 million shares priced between $24 (roughly Rs. 2,053) and $26 (roughly Rs. 2,225) a piece. Circle is offering 9.6 million shares in the offering.
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Trump Media to Raise $2.5 Billion to Invest in Bitcoin
Trump Media plans to raise about $2.5 billion (roughly Rs. 21,417 crore) to invest in Bitcoin. The move is part of a recent trend of public companies adding Bitcoin and other cryptocurrencies to their balance sheets to capitalise on rising token prices as the Trump administration embraces digital assets.
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'Carnage' Of India's Public Education System Must End: Sonia Gandhi
Congress leader Sonia Gandhi slammed the Modi government's education policy, charging its core agenda is centralisation of power, commercialisation and outsourcing of investments to the private sector, and communalisation of textbooks.
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Pokemon Go Owner Niantic Sells Gaming Business to Saudi Group for $3.5 Billion
Scopely has agreed to buy Niantic’s gaming business. The Niantic games business generated more than $1 billion (roughly Rs. 8,702 crore) in revenue from 30 million monthly active users last year, Scopely said.
-
'FIFA' Game Maker Electronic Arts To Be Taken Private In Record $55 Billion Deal
Video game giant Electronic Arts, known for The Sims and FIFA games, announced Monday it would be acquired for $55 billion by a consortium led by Saudi Arabia's Public Investment Fund.
-
Zoho's Sridhar Vembu Reveals Why Company Won't Go Public: 'The Reality...'
Zoho co-founder Sridhar Vembu revealed that projects like Arattai would not exist if the company had gone public.
-
Is OpenAI About to Go Public? New Non-Binding Microsoft Deal Signals IPO Plans
OpenAI’s path towards acquiring more investors or going public has been cleared by Microsoft. The two entities signed a non-binding memorandum of understanding (MoU) on Thursday and called it the next phase of their partnership. This MoU also gives the San Francisco-based AI firm to now formalise the conversion of its for-profit arm into a PBC.
-
Norway's $1.9 Trillion Wealth Fund Sells Off Israeli Assets
Norway's $1.9 trillion sovereign wealth fund has divested from 11 Israeli companies and is terminating all contracts with external managers in Israel following public outcry over its investments linked to the war in Gaza.
-
Saudi Arabia's Tourism Shift From Skyscrapers To Mountain Villages
Saudi Arabia's sovereign wealth fund, called the Public Investment Fund (PIF), and private investors are working on master plans costing billions of dollars for projects that can be enjoyed year-round.
-
"Ready For Gaganyaan": Shubhanshu Shukla To NDTV After Historic Space Mission
In his first public interaction since returning from a landmark 20-day space mission, India's astronaut Group Captain Shubhanshu Shukla spoke to NDTV, offering a deeply personal and inspiring account of his journey beyond Earth.
-
Cabinet Eases Investment Rules For NLC India To Fast-Track Green Energy Drive
The Cabinet Committee on Economic Affairs, chaired by PM Modi, on Wednesday approved a special exemption for NLC India Limited from the prevailing investment guidelines applicable to Navratna Central Public Sector Enterprises.
-
Donald Trump Jr, Omeed Malik Still 'Long On Elon' After Feud
Donald Trump Jr., a partner at 1789 Capital, said the investment firm still supports Elon Musk's companies financially and is looking past the billionaire's public falling-out with his father, the US president.
-
$100 Million Crypto Tokens, Missing Footprint And The Trump Connection
A venture calling itself Aqua 1 Foundation and saying it is based in the United Arab Emirates announced in late June it had bought $100 million worth of World Liberty's crypto tokens, becoming the largest publicly known investor in the business.
-
OpenAI Executives Said to Be Weighing Antitrust Accusation Against Microsoft
OpenAI executives have reportedly considered accusing Microsoft of anticompetitive behavior in their partnership. OpenAI's effort could involve seeking a federal regulatory review of the terms of its contract with Microsoft for potential violations of antitrust law, as well as a public campaign.
-
Explained: How Bitcoin Strategies Will Impact Market Dynamics
Certain public companies, including one founded by President Donald Trump, have been going on a cryptocurrency buying spree, capitalizing on higher token prices and a softening regulatory environment to load up on the attention-grabbing investment.
-
Stablecoin Giant Circle Targets $6.7 Billion Valuation in US IPO
New York-based Circle and some existing investors are looking to raise up to $624 million (roughly Rs. 5,339 crore) by offering 24 million shares priced between $24 (roughly Rs. 2,053) and $26 (roughly Rs. 2,225) a piece. Circle is offering 9.6 million shares in the offering.
-
Trump Media to Raise $2.5 Billion to Invest in Bitcoin
Trump Media plans to raise about $2.5 billion (roughly Rs. 21,417 crore) to invest in Bitcoin. The move is part of a recent trend of public companies adding Bitcoin and other cryptocurrencies to their balance sheets to capitalise on rising token prices as the Trump administration embraces digital assets.
-
'Carnage' Of India's Public Education System Must End: Sonia Gandhi
Congress leader Sonia Gandhi slammed the Modi government's education policy, charging its core agenda is centralisation of power, commercialisation and outsourcing of investments to the private sector, and communalisation of textbooks.
-
Pokemon Go Owner Niantic Sells Gaming Business to Saudi Group for $3.5 Billion
Scopely has agreed to buy Niantic’s gaming business. The Niantic games business generated more than $1 billion (roughly Rs. 8,702 crore) in revenue from 30 million monthly active users last year, Scopely said.
