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Business

Business: EWCF commits $45M to inaugural Esports Nations Cup

More details emerged on Thursday about the inaugural Esports Nations Cup 2026 in Riyadh, Saudi Arabia. The competition will run from Nov. 2-29 and includes a $45 million commitment from...
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Business: Esports World Cup 2026 announces $75M prize pool

Business
The 2026 Esports World Cup returns to Riyadh, Saudi Arabia, this summer with a record-breaking $75 million prize...

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

Business
Saudi Arabia's Public Investment Fund, Jared Kushner's Affinity Partners and Silver Lake agreed to a $55 billion takeover...

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...

CEO Elon Musk Makes Work-from-Office Mandatory for Tesla Staff

Business
Tesla CEO Elon Musk has warned executive personnel that they will be fired if they do not work at least 40 hours a week...

Business: Golden Guardians to get new facility in L.A. area

Business
The Golden State Warriors are heading south to build a state-of-the-art facility for the Golden Guardians, their esports affiliate. The Bay Area basketball franchise will...

Broadcom Will Acquire VMware for Approximately $61 Billion in Cash and Stock

Business
The purchase of  VMware will greatly enhance  the Broadcom  strategy to build the world's leading infrastructure technology company, further enhancing the companies track record...

Alibaba Exceeds Analyst Forecasts as Revenues Rise 9% in Q4, 19% in FY

Business
Chinese multinational technology company Alibaba Group Holding Limited announced its financial results for the fiscal quarter and year ending March 31, 2022 today....

Why Has Elon Musk Placed His $44B Twitter Takeover Deal on Hold?

Business
Tesla CEO Elon Musk announced that his deal to buy messaging platform Twitter Inc. was on hold, sparking worries and sending shares of the...

Tesla CEO Elon Musk Lauds Chinese Workers for “burning the 3 am oil’

Business
Tesla CEO Elon Musk discussed the striking disparity between an American worker and a Chinese worker in a recent interview. Musk praised the Chinese...
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