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September 29, 2025, 11:25 AM
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Electronic Arts:
EA agrees to be acquired by Saudi Arabia's PIF, Silver Lake, and Affinity for $210 per share, taking it private at a ~$55B valuation, set to close in Q1 FY 2027  —  Accelerates EA's Strategic Vision to Advance the Future of Entertainment  —  Stockholders to Receive $210 Per Share …
Bloomberg:
EA's $55B sale is the largest leveraged buyout on record and represents a 25% premium on its October 26 close, as the $178B video game industry's growth slows  —  Electronic Arts Inc. agreed to sell to a group of private investors in a deal that values the company at $55 billion, the largest leveraged buyout on record.
Reece Rogers / Wired:
OpenAI launches new ChatGPT parental safety controls for users aged 13 to 18, including parental and law enforcement alerts for chats about self-harm or suicide  —  OpenAI's review process for teenage ChatGPT users who are flagged for suicidal ideation includes human moderators.
Tom Warren / The Verge:
Microsoft launches Agent Mode in Excel and Word, using GPT-5 to generate complex spreadsheets and documents, saying it is “bringing vibe working” to 365 Copilot  —  A new Agent Mode comes to Office apps today, alongside an Office Agent in Copilot chat.
Saritha Rai / Bloomberg:
DeepSeek releases DeepSeek-V3.2-Exp, saying it built the model using a new technique called DeepSeek Sparse Attention, and halves the pricing of its tools  —  DeepSeek updated an experimental AI model Monday in what it called a step toward next-generation artificial intelligence.
Bloomberg:
US Commerce Secretary Howard Lutnick says the US aims to get “maybe 50% market share” of chip and wafer production to offset Beijing's threats to invade Taiwan  —  Washington is demanding Taiwan move investment and chip production to the US so half of American demand is manufactured locally …
Dominic Chopping / Wall Street Journal:
The UK government underwrites a £1.5B loan to Jaguar Land Rover as the carmaker reels from a cyberattack that has crippled its production for around a month  —  The loan is to support the company's cash reserves and help it pay suppliers  —  The U.K. government has stepped …
Jackson Chen / Engadget:
Snapchat announces it will limit storage for its Memories feature to 5GB for free users and launches paid storage plans, including 100GB for $1.99 per month  —  The introductory plan that offers up to 100GB of storage for Memories will cost you $1.99 a month.
Kim Zetter / Wired:
Researchers: Tile tags broadcast unencrypted MAC addresses and unique IDs; researchers informed Life360 in November 2024 but it stopped replying in February  —  A team of researchers found that, by not encrypting the data broadcast by Tile tags, users could be vulnerable to having their location information exposed to malicious actors.
More: 9to5Mac and Moneycontrol
Bluesky: @mikespecter.com.  Mastodon: @kimzetter@infosec.exchange.  Forums: r/gadgets and r/technews
Asa Fitch / Wall Street Journal:
How debt is fueling the next wave of the AI infrastructure boom; an analyst estimates Oracle needs to borrow $25B/year over four years to fund its OpenAI plans  —  For aspiring AI players like Oracle, much rides on debt and hope  —  In the initial years of the AI boom, comparisons to the dot-com bubble didn't make much sense.
More: Motley Fool
Simon Willison / Simon Willison's Weblog:
DeepMind says video models like Veo 3 could become general purpose foundation models for vision, like LLMs for text, using zero-shot “chain-of-frames” reasoning  —  Video models are zero-shot learners and reasoners.  Fascinating new paper from Google DeepMind which makes …
Financial Times:
Google DeepMind, Meta, Nvidia, and others are racing to release world models, aiming to navigate the physical world by learning from videos and robotic data  —  Google DeepMind, Meta and Nvidia are developing systems that aim to better understand the physical world
Amrith Ramkumar / Wall Street Journal:
The US Commerce Department says subsidiaries of entity list companies would also be subject to trade restrictions, threatening Chinese companies, from Tuesday  —  Administration officials are particularly concerned about U.S. technology helping China's AI companies

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From Mediagazer

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Sam Roberts / New York Times:
Arthur L. Carter, who started a Connecticut newspaper in 1981, bought and sold The Nation, and founded the New York Observer in 1987, has died at 93

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

More News

Earlier Picks

Jason Nelson / Decrypt:
Caltech says it built the world's largest neutral-atom quantum computer, with 6,100 qubits, 13 second coherence, 10x longer than previously, and 99.98% accuracy
Jeff Kauflin / Forbes:
A profile of digital micro-lender Tala, which has $340M in annualized revenue but remains unprofitable 11 years in, as it plans to double its lending in 2027
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