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Business

Business: PIF, Jared Kushner’s firm lead $55B buyout of Electronic Arts

Saudi Arabia's Public Investment Fund, Jared Kushner's Affinity Partners and Silver Lake agreed to a $55 billion takeover of videogame maker Electronic Arts on Monday. Should the sale go through,...
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Business: Report: Astralis officially taken over by Fusion Esports Group

Business
Danish esports organization Astralis has officially been taken over by a group called Fusion Esports Group, according to...

Business: Esports Nations Cup set to begin in 2026

Business
An esports tournament pitting nations against each other will launch next year. The Saudi-backed Esports World Cup Foundation announced...

Business: EWC Club Champion to claim record $7M grand prize

Business
The 2025 Esports World Cup officially opened this week with more than 2,000 players from 200 clubs around...

Business: Esports World Cup begins with record $70M-plus prize pool

Business
The 2025 Esports World Cup began on Tuesday with organizers planning the largest esports production in history, featuring...
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$14.0 billion share buyback program announced by T-Mobile

Business
A $14.0 billion share repurchase program has been approved by the board of directors of wireless carrier T-Mobile US, Inc., a Delaware corporation. Through...

UPS Runs the Risk of a Major Strike by Refusing to Put Driver Safety First

Business
UPS workers are threatening to strike. If they do it will be on of the biggest strikes in U.S history. Business Insider, which noted...

Laxman Narasimhan is announced as Starbucks’ new CEO.

Business
Laxman Narasimhan, the chief executive of Reckitt Benckiser, abruptly announced his resignation on Thursday, citing "personal and family reasons." His new family is the...

United States money-laundering and tax investigators are looking into Binance.

Business
Binance was asked by the US to provide documents for a money-laundering investigation. Federal prosecutors submitted the request in the latter half of 2020. Changpeng...

Disney’s Profits Jump Despite Dip in Post-Pandemic Attendance

Business
The Walt Disney World Resort in Florida and the Disneyland Resort in Southern California have emerged from the shadow of the coronavirus epidemic during...

Honda, and LG make $4.4 billion investment in US battery factory for EVs

Business
In order to power Honda and Acura EV vehicles for the North American market, Honda Motor Co., Ltd. ("Honda") and LG Energy Solution have...
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