Gayathri Kallukaran is a Junior Journalist with Eastern Eye. She has a Master’s degree in Journalism and Mass Communication from St. Paul’s College, Bengaluru, and brings over five years of experience in content creation, including two years in digital journalism. She covers stories across culture, lifestyle, travel, health, and technology, with a creative yet fact-driven approach to reporting. Known for her sensitivity towards human interest narratives, Gayathri’s storytelling often aims to inform, inspire, and empower. Her journey began as a layout designer and reporter for her college’s daily newsletter, where she also contributed short films and editorial features. Since then, she has worked with platforms like FWD Media, Pepper Content, and Petrons.com, where several of her interviews and features have gained spotlight recognition. Fluent in English, Malayalam, Tamil, and Hindi, she writes in English and Malayalam, continuing to explore inclusive, people-focused storytelling in the digital space.
Nintendo Switch 2 demand outstripping supply in several countries
Over 2.2 million applications submitted in Japan’s lottery sales
Nintendo held four purchase draws, with a fifth scheduled for early July
Company aims to strengthen production and supply to meet demand
Switch 2 had the biggest launch in Nintendo history
Strong demand leads to shortages
Nintendo president Shuntaro Furukawa has confirmed that demand for the Nintendo Switch 2 has surpassed available supply in many regions. Speaking during the Q&A session of the company’s 85th annual general meeting of shareholders, Furukawa addressed concerns about ongoing stock shortages.
“Currently, for Nintendo Switch 2, demand is exceeding supply in many countries, and we sincerely apologise for any inconvenience this may be causing our consumers,” he said.
Furukawa acknowledged that even shareholders and their families may be struggling to secure a unit, particularly in Japan, where Nintendo implemented a lottery system through its official My Nintendo Store.
2.2 million applications in Japan alone
The company began accepting applications for the Switch 2 via random draw in early April. Applicants had to meet specific criteria to qualify. The number of entries far exceeded Nintendo’s expectations, with over 2.2 million applications submitted.
Furukawa noted that, as of April 23, he had posted a public message on X acknowledging the high demand and apologising to those not selected. Four lottery rounds have since taken place, but many hopeful customers remain without a console. A fifth draw is scheduled for early July.
While many Japanese retailers also used lottery systems for launch sales, Furukawa stated that more stores are now offering the device for direct purchase.
Nintendo to boost supply
To address the ongoing demand, Nintendo is working to increase production and distribution efforts. “We will continue to strengthen our production and supply systems to deliver as many Nintendo Switch 2 systems as possible to our consumers,” Furukawa said.
The Nintendo Switch 2 launched on 5 June and sold over 3.5 million units worldwide within its first four days, according to VGChartz estimates. This marks the most successful hardware launch in Nintendo history, surpassing the original Switch’s launch week total of 1.4 million units.
EA to be acquired by PIF, Silver Lake, and Affinity Partners
Shareholders to receive £166 per share, 25% above market value
Deal marks largest all-cash sponsor take-private investment ever
EA to remain headquartered in California under CEO Andrew Wilson
Transaction expected to close in early 2027
EA agrees to £43bn all-cash takeover
Electronic Arts (NASDAQ: EA), the studio behind blockbuster franchises such as FIFA, Battlefield, and The Sims, is set to go private after agreeing to a £43 billion acquisition by an investor consortium made up of Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners.
Shareholders will receive £166 per share in cash, a 25% premium on EA’s recent market price. PIF, which already owns 9.9% of the company, will roll its stake into the deal. Once completed, EA will no longer be listed on public markets.
Largest all-cash take-private in history
The deal is the biggest all-cash sponsor-led take-private transaction ever. The consortium has said it will use its experience in gaming, technology, and sports to support EA’s growth and innovation, aiming to create new opportunities for players worldwide.
Executives react
EA chief executive Andrew Wilson said the acquisition recognises “the extraordinary work” of the company’s teams and will help the studio “unlock new opportunities globally.”
Turqi Alnowaiser of PIF highlighted the fund’s commitment to gaming and esports, while Silver Lake co-CEO Egon Durban praised EA’s strong revenue growth and cash flow. Jared Kushner, CEO of Affinity Partners, called EA “an extraordinary company with a world-class management team and bold vision for the future.”
What happens next
The deal has been approved by EA’s board and is expected to close in the first quarter of 2027, subject to regulatory approval and shareholder consent. Funding will come from a mix of consortium equity and £16 billion in debt financing. EA will remain based in Redwood City, California, with Wilson staying on as CEO.
About EA
EA is a leading developer and publisher of video games for consoles, PCs, and mobile devices. Its portfolio includes some of the industry’s most recognisable brands, such as EA SPORTS FC, Apex Legends, Need for Speed, Dragon Age, Titanfall, and Plants vs. Zombies. In fiscal 2025, the company posted £5.9 billion in revenue.
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