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Saudi Arabia increases stake in Electronic Arts

GamesIndustry.biz

Sign up for the GI Daily here to get the biggest news straight to your inbox Saudi Arabia's Public Investment Fund has increased its stake in Electronic Arts. According to Seeking Alpha , a new filing published yesterday for the three months ended March 31, 2023 shows the fund purchased more shares in the FIFA publisher during Q4 2022.

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Analysis • Sony moves away from customer electronics to become a media empire

PreMortem.Games

For years I’ve characterized the Japanese powerhouse predominantly as a consumer electronics manufacturer. Sony will always keep a foot in electronics. Unlike Microsoft, which develops operating and application software, and Nintendo, which considers itself a toymaker, Sony has long focused on building high-quality media devices.

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What Is Electronic Design Automation? Understanding the Benefits and Evolution of EDA Tools

Perforce

Understand what electronic design automation is, its benefits, and the importance of integrating EDA tools with IP lifecycle management.

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Obituary: Delphine Software founder Paul de Senneville died at age 89

Game Developer

In his brief time with video games, de Senneville formed two game development studios and partnered with publishers such as Interlay and Electronic Arts.

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Electronic Arts lays off 6 percent of staff after "strong" profits

Game Developer

EA's layoffs are said to impact 6 percent of its staff, even as it continues to "operate from a position of strength."

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EA cutting 5% of workforce

GamesIndustry.biz

Electronic Arts today announced that it is laying off approximately 5% of its employees as it leans in on the parts of the business it feels will be the most successful in the years to come.

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EA rejection of Alice sequel marks end of American McGee’s game dev career

Game Developer

With his Alice: Asylum pitch rejected by Electronic Arts, game designer American McGee is leaving the game industry entirely behind.