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The most popular AR video game ever is set to be sold for $3.5 billion |
Niantic Labs has agreed to sell its video-game unit — which includes the mobile hit Pokémon Go — to Saudi Arabia-owned Scopely for $3.5 billion. The deal boosts Saudi Arabia’s hope of becoming the "ultimate global hub" for gaming. 404 Media noted that it’s not currently clear what the deal means for the location data of Pokémon Go’s 100 million players, as well has how such data will be collected and handled under the new owner ... |
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Sonos reportedly cancels its streaming video player |
Sonos has abandoned its plan to launch a streaming video player, according to The Verge. It means that the audio company, which made a major misstep last year with a disastrous app launch, is unlikely to unveil a major device in a new product category in 2025. The decision to scrap the streaming box comes a couple of months after Sonos' longtime boss vacated his post ... |
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U.S. tech firms feel the pinch from China tariffs |
Since returning to office in January, President Trump has put tariffs of 20% on all goods imported from China. Trump’s tariffs with China and many other countries are designed to tackle what the American president sees as unfair trade imbalances. But it means that items like smartphones, PCs, and tablets imported to the U.S. are now incurring these extra fees for the first time, potentially pushing up retail prices ... |
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