EA Reportedly in ‘Advanced Talks’ With Investors Over $50 Billion Buyout Deal to Go Private

Electronic Arts is reportedly looking to take it private through an acquisition deal worth about $50 billion (roughly Rs. 4,43,767 crore). The video game company, whose franchises include Battlefield and EA Sports FC, is said to be in “advanced talks” with a group of investors, including Saudi Arabia’s Public Investment Fund (PIF), private equity firm…

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How to Use Chakshu Portal to Report Fraud Spam Calls, Messages, and More

The Ministry of Telecommunications has launched a new facility for people in India to report suspected fraudulent communications. The government has launched a new Chakshu portal under its Sanchar Sathi initiative. The new portal is designed to detect and prevent suspected fraudulent calls and messages. Union Minister for Information Technology and Communications Ashwini Vaishnaw said…

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Hillsborough investigation finds 12 police officers would have faced gross misconduct charges

LONDON (AP) — A long-running investigation has found that 12 police officers face serious misconduct proceedings for negligence during and after the 1989 Hillsborough Stadium football tragedy. A report released on Tuesday in Britain’s worst sporting disaster, in which 97 people died in a crush of Liverpool fans, also confirmed or uncovered 92 instances of…

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Battlefield Maker Electronic Arts to Go Private in Record $55 Billion Leveraged Buyout

Video game giant Electronic Arts on Monday said it will be taken private through a record $55 billion (roughly Rs. 487,899 crore) leveraged buyout from a consortium comprised of private equity firm Silver Lake, Saudi Arabia’s Public Investment Fund and Jared Kushner’s Affinity Partners. The deal for the “Battlefield” maker underscores how deep-pocketed investors are…

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