Private Equity
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Electronic Arts cuts about 400 jobs and closes BioWare in first restructuring since its $55 billion buyout
The Redwood City game publisher, owned since August by Saudi Arabia’s Public Investment Fund, Silver Lake and Affinity Partners, is narrowing its focus.
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The new San Francisco fortune: the 100 families who hold the city’s wealth
Of the $516.5 billion in estimated fortunes held by San Francisco’s 100 wealthiest families and individuals, more than a third now traces to artificial intelligence. A ranked guide, from Stripe and Anthropic to the Gap and…
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California joins federal suit to block merger of playground equipment makers
Attorney General Rob Bonta joined 11 other states and the Federal Trade Commission in asking a federal court to stop PlayPower’s purchase of its rival Burke, arguing that schools and parks would pay more.