Congress members voice 'serious concern' over Saudi-led EA buyout

https://www.gamedeveloper.com/business/congress-members-voice-serious-concern-over-saudi-led-ea-buyout

145 points · 9 comments · view on lemmy.world

9 Comments

Katana314@lemmy.world · 56 pts · 214d (2 replies)

What's the bribe price for "serious" concern?

Also, the journalist writing the article may wish to wear some armor on their neck.

Corngood@lemmy.ml · 18 pts · 214d

Probably like $10k each, or zero if you can get them to go to your pedo island.

Bakkoda@lemmy.world · 5 pts · 214d

It's hard times and austerity so that's the default state now.

ampersandrew@lemmy.world · 30 pts · 214d

Nothing will come of this unless it also concerns Republicans, but it doesn't, because the President's son-in-law helped make this deal happen and personally benefited from it.

rtxn@lemmy.world · 18 pts · 214d

The concern: "Why aren't we in on it?"

atro_city@fedia.io · 12 pts · 214d (3 replies)

As if it'd be better run by private interests in the US 😂

The letter was sent on January 22 and suggests the debt-financed $55 billion acquisition, which will purportedly result in PIF holding a 93.4 percent stake in the Battlefield and Apex Legends publisher, will incentive layoffs, offshoring, studio closures, and other cost-cutting measures.

"incentive"

Also, isn't this what yanks have been doing for decades? Don't seppo businesses regularly fire a bunch of employees before the end of the financial year to have "record-breaking fourth quarter" and then hire back a bunch of people? Painting the Saudis as worse capitalists than the USAians is just hilarious

ampersandrew@lemmy.world · 10 pts · 214d (1 reply)

Their concern isn't that people are getting laid off but that they'll be laid off here and replaced with people abroad; and the executives benefiting from the cost-cutting are no longer Americans in this case.

atro_city@fedia.io · 5 pts · 214d

I think it's really only the latter: if rich yanks benefit = good, if non-yanks benefit = bad. They don't give two shits about USAians non in the C-suite being laid off. They haven't since the beginning and won't start now.

IronBird@lemmy.world · 1 pts · 208d

sauds are worse capitalists, but only in the sense that they regularly waste shitloads of $ on stupid shit in a last dotch effort to diversify themselves for the inevitable drying up of oil.

the US has been intertwining themselves with the UAE for decades as a part of their divide and conquer plan for the ME (which israel is a key part). the West does not want a unified ME, propping up the greedy predictable capitalist Sauds acts as easy source of power projection to keep rest of the area from unifying