Saudi Arabia welcomes EA as Xbox Game Pass unravels
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EA is being acquired for $55 billion by a consortium including Saudi Arabia's PIF and Jared Kushner's investment firm, with $20 billion in debt financing from JPMorgan. Microsoft raised Xbox Game Pass Ultimate prices by 50% while restructuring the service tiers, causing subscriber backlash. Starbreeze laid off 44 employees
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Epic Games pulls, tweaks, and reinstates Peacemaker emote in Fortnite over fascist connotationsSaudi Arabia is taking EA private alongside other investorsEA says $55 billion take-private won't result in 'immediate' layoffsJPMorgan's $20 Billion EA Deal Marks Win Over Private CreditMicrosoft reworks Xbox Game Pass and hikes price of Ultimate by 50 percentRiot Games launches Game Dev Resources hub to help aspiring developersStarbreeze making layoffs after scrapping D&D project to refocus on PaydayDune: Awakening maker Funcom laying off staff months after 'biggest release' in studio history1 Comment
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