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Category: business

Electronic Arts (EA) is reportedly nearing a $50 billion deal to go private in leveraged buyout

Electronic Arts, the company behind EA Sports FC (formerly Fifa), and one of the industrys biggest publishers, is nearing a historic $50 billion deal to go private. New ownership would include Saudi Arabias Public Investment Fund, which has been increasing its position in the gaming industry in recent years.

AI agent expectations meet reality as enterprises seek secure, production-ready systems

While headlines about artificial intelligence project failures dominate the news, enterprises are seeing tangible success by honing AI in specific areas such as knowledge access. In that domain, search solutions such as Glean Technologies Inc. have become essential for democratizing enterprise AI across the workforce, embedding intelligent tools into daily workflows. From an operations automation [.] The post AI agent expectations meet reality as enterprises seek secure, production-ready systems appeared first on SiliconANGLE.

Tokyo Consumer Prices Rise 2.5% In September, Rice Surges Nearly 47%

Tokyo consumer prices rose 2. 5% in September compared with a year earlier, with the index excluding fresh foodoften subject to sharp fluctuationsreaching 110. 0 across the capitals wards, while the pace of growth remained unchanged from the previous month.

One In Seven Workers In Japan Fall Into The Underclass

While corporate profits continue to reach record highs, employee wages remain stagnant, leaving a growing segment of Japans workforce struggling. Since the collapse of the bubble economy, non-regular employment has steadily increased, creating a widening gap between regular and non-regular workers. Today, 15. 4% of the population earns less than half the median standard of living, the second-highest proportion among the G7 countries after the United States.