Electronic Arts sidesteps crisis with $55B agreement involving Saudi Arabia, Jared Kushner, and others
Electronic Arts to Go Private in New Deal Electronic Arts, the well-known video game developer, is making headlines as it moves to become a private entity. In a significant acquisition, private equity firms Silver Lake and Affinity Partners, along with the public investment funds from Saudi Arabia, will take over the company. Incidentally, Silver Lake […]
Video game company Electronic Arts set to be purchased for $52.5 billion in biggest private equity acquisition ever
Electronic Arts (EA), known for titles like Madden NFL, Battlefield, and The Sims, has been acquired for $52.5 billion. This could set a new record for the largest acquisition funded by a private equity firm. Silver Lake Partners, along with Saudi Arabia’s Public Investment Fund (PIF) and Affinity Partners, is paying EA shareholders $210 per […]
S&P 500 Today: Electronic Arts Stock Rises on Buyout Discussions; Costco Dips
Key takeout On Friday, September 26, 2025, shares of a video game company surged after big box retailers faced challenges with their revenue reports, coinciding with news of potential acquisitions. Electronic Arts saw its stocks rise following rumors about possible bids to turn the video game maker private. Costco’s reported growth in U.S. store sales […]
Farewell to paper checks: Social Security payments will switch to electronic form starting next week.
Transition to Electronic Payments by Social Security Administration The Social Security Administration (SSA) has decided to discontinue sending paper checks to retirees after 85 years, citing a desire to modernize its services and enhance efficiency. Beginning on September 30th, nearly 70 million beneficiaries will no longer receive paper checks. Instead, payments will be made through […]
Social Security payments and federal benefits will switch to electronic delivery this month as paper checks are being discontinued.
Employees display blank U.S. Treasury checks prior to operating the printer at the U.S. Treasury printing facility in Philadelphia. The government intends to eliminate paper checks for most individuals receiving Social Security benefits and other federal payments this month. This shift is part of a Presidential Order signed by President Donald Trump in March, which […]
Cooking oil can extract silver from discarded phones and electronic waste
Turning Kitchen Oils into Silver Recovery Solutions It sounds a bit odd, doesn’t it? Using your old cooking oil to help the environment and your tech devices? But that’s exactly what Finnish researchers are exploring. A team from the University of Helsinki and Zibasquira University has found that commonplace ingredients, like vegetable oils and hydrogen […]
Kilmar Abrego Garcia is set to reconnect with his family despite an ongoing human smuggling case, with conditions of strict home detention and electronic monitoring.
Kilmar Abrego Garcia Released Amid Ongoing Legal Woes Kilmar Abrego Garcia, an undocumented Salvadoran who was deported back to El Salvador after being labeled a member of the MS-13 gang by the Department of Homeland Security (DHS), was released from custody in Tennessee on Friday. This comes despite a human smuggling case that is still […]
Almost 100,000 taxpayers file electronic returns in the first 10 days of the system launch
The daily submission rate for tax returns this year has seen an increase almost fivefold compared to last year. Within just the first ten days of introducing the e-return system for the 2025-2026 tax year, almost every taxpayer seemed to have filed their income tax returns online, as stated by the National Revenue Commission (NBR) […]
Trump Administration Increases Examination of Electronic and Solar Imports Due to Worries About Chinese Slave Labor
Increased Detention of Electronic Devices by CBP Data from U.S. Customs and Border Protection (CBP) indicates that the Trump administration’s policies have led to a rise in the detention of electronic devices, particularly components for solar panels. This uptick is tied to concerns over potential connections with forced labor in China. Since June, CBP’s detentions […]
Former President Bolsonaro’s residence searched, and he is required to wear an electronic ankle monitor.
Brazilian officials have mandated that former President Jair Bolsonaro wear an ankle monitor following an incident at his residence. On July 18, local law enforcement executed a search at his home and subsequently required him to wear an electronic tagging device. In addition to this, he is prohibited from contacting any foreign officials and reaching […]