Jared Kushner
Reporting and statements that mention Jared Kushner.
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Protesters 'raid' EA to oppose Saudi Arabia acquisition
Protesters gathered at Electronic Arts headquarters to oppose the acquisition of the company by Saudi Arabia's Public Investment Fund. The group attempted to deliver a petition signed by over 70,000 people but was denied direct access by security. Concerns were raised about potential layoffs, studio closures, and content restrictions due to the leveraged buyout and foreign influence.
Cosplayers plan to storm EA headquarters today to protest Saudi Arabia buyout
Cosplayers are planning to protest at Electronic Arts headquarters against a proposed $55 billion buyout by a consortium including Saudi Arabia's Public Investment Fund and Jared Kushner's Affinity Partners. The protest aims to deliver a 70,000-signature petition and raise concerns about potential staff layoffs, increased monetization, and studio closures.
Cosplaying Gamers Will Raid EA HQ To Protest Saudi Arabia's $55 Billion Buyout
Gamers are planning a cosplay protest at Electronic Arts' headquarters on May 11 to oppose Saudi Arabia's Public Investment Fund's proposed $55 billion buyout. The Players Alliance HQ group aims to deliver over 70,000 petition signatures and raise awareness about potential negative consequences like layoffs and increased monetization due to the debt burden on EA.
CWA Canada president says Saudi buyout of EA should trigger 'virtually every alarm bell'
CWA Canada president Carmel Smyth has urged the Canadian government to scrutinize the proposed $55 billion buyout of Electronic Arts by a consortium including Saudi Arabia's Public Investment Fund due to national security risks. Concerns include potential data misuse, surveillance, and the transfer of sensitive AI technology to a foreign state. The union also highlighted potential job losses for Canadian EA workers due to the deal's financing structure.
US representative Maxwell Frost protests Saudi buyout of EA
US Representative Maxwell Frost voiced concerns on a Twitch livestream regarding a potential buyout of Electronic Arts by an investor consortium including Saudi Arabia's sovereign wealth fund. Frost fears the buyout, valued at $55 billion, could lead to significant job losses through the use of AI for cost-cutting measures and increased monetization of players. Electronic Arts has previously stated there would be no immediate changes to employees' jobs as a result of the transaction.
The Sims 4's Maker Marketplace Is An Insult To Both Players And Modders
Electronic Arts and Maxis have faced backlash for introducing The Sims 4 Marketplace, a system for paid mods and microtransactions. Players are frustrated by additional monetization in a game already laden with DLC, and creators receive only 30% of sales, with EA taking 70%. The article criticizes this model as predatory and an insult to both players and modders, especially given the long-standing player request for a color wheel customization feature that EA claims is technically impossible.
US government reportedly debating whether to force Tencent to give up its US-based game holdings
The US government is reportedly considering forcing Tencent to divest its stakes in US and Finnish game companies due to national security concerns. Tencent holds significant shares in numerous major developers, raising fears of potential access to personal data of US citizens. This debate has been ongoing since 2020, with a recent meeting on the matter postponed.
Electronic Arts Sold in $55 Billion Deal to PIF, Silver Lake, and Affinity Partners - New Game Network
Electronic Arts (EA) has confirmed a $55 billion all-cash acquisition by a consortium including Saudi Arabia's Public Investment Fund (PIF), Silver Lake, and Affinity Partners. The deal, expected to close in early fiscal year 2027, will take EA private, with shareholders receiving $210 per share. Andrew Wilson will continue as Chairman and CEO, with the investors planning significant expansion and innovation for the publisher.
