Rock, Paper, Shotgun
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Yesterday, a group of moneyfolk including private equity firm Silver Lake, Saudi Arabia's Public Investment Fund, and Donald Trump son-in-law Jared Kushner's Affinity Partners unveiled plans to acquire Electronic Arts for an estimated $55 billion.
The buyers are committing $36 billion of their own equity (briefly and inexpertly, "equity" is the value of your assets after you deduct anything you owe), including the value of the PIF's existing investments in EA. They're making up the rest of the total thanks to a $20 billion loan from JPMorgan Chase Bank. How will they manage that massive debt? According to the Financial Times, who cite unnamed insiders, they're gambling on the deployment of generative AI tools as a gigantic cost-saving measure.
Update: It's now live, full notes here.
Original story continues below:
Civ 7 beefy update 1.2.5 arrives today, September 30th. Developers Firaxis have laid out its major tweaks and additions, which include new map types and city states, plus a revamp of the construction interface and a hefty helping of balancing.
The polarising 4X strategy nation-builder has gotten the likes of auto-explore and world wonder reworks in its last couple of monthly updates, with Firaxis having settled in for the long haul after an initial flurry of post-release tweaking. 1.2.5 is the first update the game's gotten since an undisclosed number of workers - "dozens of people", according to Game Developer sources - were laid off at Firaxis earlier this month, in what publishers 2K told RPS was a "staff reduction" as the studio "restructures and optimizes its development process for adaptability, collaboration, and creativity".
Based on time of day and year, global fertility rates, and our own secret, illegal research into RPS supporter breeding patterns, I calculate that there's a 12% chance you are reading this while carrying or cradling a small child. If that's the case, then: what on Earth are you doing here? We post all kinds of awful grown-up things on RPS. Mark is threatening to do another salacious mod article and just this very morning, I posted a picture of a xenomorph covered in blood.
This piece should be safe for kids, however, as long as you don't explain what a xenomorph is or what "salacious" means. It's about Messenger, a free browser-based game in which you run around a very small 3D watercolour planet, delivering post. I suspect you and your child will enjoy it, unless we've already corrupted them and you're now playing Aliens: Fireteam Elite.
It's been over half a year since Fallout: London developers Team FOLON announced that it'd be getting three bits of DLC adding new quests to post-apocalyptic Blighty. The folks behind the massive mod have been relatively quiet in that time, but they've now confirmed that the first of these DLCs, Rabbit and Pork, will require you to start a fresh save game.
Also, one reason it hasn't arrived already is that the team have been working to ensure other quest add-ons won't force you to go back to square one, whenever they drop.