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Entertainment

In March 2025, Niantic—the developer behind the popular augmented reality (AR) mobile game Pokémon Go—announced the sale of its gaming division to Scopely, a U.S.-based company owned by Saudi Arabia’s Public Investment Fund (PIF), in a deal reportedly worth $3.5 billion. The acquisition has attracted international attention, not only because of the game's global popularity but also due to the potential implications for the future of AR gaming and the growing influence of Gulf investments in the tech and entertainment…