Electronic Arts ( EA ) shares drew fresh attention after reports of a possible $50 billion take-private deal valued the company at 17 times adjusted EBITDA, echoing Microsoft's ( MSFT ) Activision Blizzard acquisition multiple. Despite buyout speculation, EA's stock outlook still hinges on the performance of its major franchises. Madden, EA Sports Football Club, and Battlefield are integral to...

Addition of MicroLED Technology Capabilities Accelerates Credo Leadership in High-Speed Connectivity SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd ( CRDO ) , an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency, today announced the closing of its acquisition of privately-held Hyperlume, Inc., a developer of MicroLED-based optical interconnect technology for chip-to-chip...

(Reuters) -OpenAI is planning to release a new version of its Sora generator that creates videos featuring copyrighted material, unless rights holders opt out of having their work appear, the Wall Street Journal reported on Monday, citing people familiar with the matter. The artificial intelligence startup began notifying talent agencies and studios over the past week about the opt-out process...

(Reuters) -Alphabet-owned YouTube has agreed to pay $24.5 million to settle a lawsuit that U.S. President Donald Trump brought against the company over the suspension of his account following the January 2021 U.S. Capitol riots, a court filing showed on Monday. Trump filed lawsuits against Twitter, now known as X, and Facebook owner Meta , as well as Alphabet's Google,...