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‘Pokémon Go' Maker Nears $3.5 Billion Deal to Sell Games Unit

‘Pokémon Go' Maker Nears $3.5 Billion Deal to Sell Games Unit

Yahoo19-02-2025

(Bloomberg) -- Niantic Inc., the company behind the 2016 hit Pokémon Go, is in talks to sell its video-game business to Saudi Arabia-controlled Scopely Inc., according to several people familiar with the discussions.
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A deal could be announced in coming weeks. The price being discussed is about $3.5 billion, according to one of the people. Any agreement would involve the Pokémon title as well as other mobile games, according to the people, who asked not to be identified because the discussions are private. There's no assurance an agreement will be reached.
The Pokémon Go game was a global phenomenon. But the company had trouble duplicating its runaway success and cut staff and canceled some titles in development in 2022 and 2023. Its Harry Potter: Wizards Unite game shut down in 2022.
Representatives of Niantic and Scopely declined to comment. Scopely is owned by Savvy Games Group, a subsidiary of Saudi Arabia's Public Investment Fund.
Niantic was spun out of Alphabet Inc.'s Google in 2015. Its chief executive officer and founder, John Hanke, worked in satellite mapping before leading Google's Geo product division. Pokémon Go encouraged players to walk around their neighborhood with an interactive map to find the popular Nintendo Co. characters.
The game is the most downloaded and profitable augmented reality app of all time, according to the company.
The San Francisco-based company makes other products, including tools to help capture and share 3D scans of real-world locations. Data generated through its apps have contributed to a 'large geospatial model,' the company announced in November. That model will 'use large-scale machine learning to understand a scene and connect it to millions of other scenes globally.'
Mobile gamemaker Scopely was acquired for $4.9 billion two years ago by Savvy Games. In 2024, Savvy Chief Executive Officer Brian Ward told Bloomberg News that the company planned to add a 'genre-leading' mobile title to its roster through Scopely — the 'tip of the spear' for its mobile investment strategy.
In August, Niantic signed a deal with Savvy to help it expand in Saudi Arabia, the United Arab Emirates and Egypt.
Savvy is part of the Saudi Public Investment Fund's larger effort to diversify its economy by investing in the video-game industry.
--With assistance from Katie Roof.
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Every Business Is Becoming An AI Company. Here's How To Do It Right
Every Business Is Becoming An AI Company. Here's How To Do It Right

Forbes

timean hour ago

  • Forbes

Every Business Is Becoming An AI Company. Here's How To Do It Right

The best way to future-proof your business is to embrace AI and build adaptable teams. Business in the United States is being completely overhauled as artificial intelligence upends nearly every industry. Whether you're exploring new ways to scale your company or reshaping your workforce, business leaders must weigh the costs — known and unknown — with potential gains, which are hardly guaranteed. 'For managers, AI agents mean less time spent overseeing basic training and more time to focus on higher-value tasks,' writes Forbes contributor Aytekin Tank, CEO of the San Francisco-based startup Jotform. 'The key is smart delegation: Entrepreneurs and managers should use AI agents to handle designated training tasks, while maintaining strategic direction. Businesses that move quickly to integrate AI-driven learning will reap a major competitive advantage.' Here's how our expert contributors suggest you do it. Writing and editing text may be the most popular use case for AI tools today. According to a McKinsey & Company survey from late 2024, more than 63% of executives said their companies are using generative AI to write text, relying more on chatbots. The trouble is, employees often say that AI tools can make teams less productive, Forbes contributor Tor Constantino reports. He cites research highlighting 'the shockingly wide divide between the expected productivity gains by senior executives and the lackluster results shared by the overwhelming majority of rank-and-file employees.' In fact, University of Chicago professor Anders Humlum and University of Copenhagen professor Emilie Vestergaard published a study in 2025 that found 'AI chatbots have had no significant impact on earnings or recorded hours in any occupation.' The modest productivity gains were offset by disengaged workers who felt they lost both growth potential and agency. 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'Workers report spending more time reviewing AI-generated content and learning tool complexities than the time these tools supposedly save,' writes Forbes contributor Luis Romero, the founder of GenStorm AI. If maintaining positive team dynamics isn't part of the foundation of your company's business strategy, then adopting AI tools is unlikely to increase productivity — and could lead to a worker exodus. When employees start using AI tools creatively to achieve high quality outcomes, that is a sign that the company is achieving a healthy level of AI adoption that can evolve along with the emerging technology. As talent leaves, cyclical recruiting costs increase. Mounting tech support responsibilities without pay raises, team-building and growth opportunities can lead employees to disengage. To keep staff connected, executives must protect face-to-face time with coworkers, if only via remote video calls. 'What draws people in now isn't just communication. 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Forbes contributor Dr. Aviva Legatt, the founder of EdGenerative consultancy, which focuses on AI in education, recommends that employers should look beyond computer science majors and focus on 'cross-disciplinary connections.' AI learning is not restricted to the IT department or engineering team, it will be a part of every department at the company. Recruit interns and entry-level employees from universities that have robust AI education programs, like the University of Georgia and Emory University, in addition to Ivy League schools like Princeton. 'Rather than limiting AI development to computer science or IT departments, Emory has deliberately fostered cross-disciplinary connections,' writes Legatt. Skills-based hiring can help identify needed know-how on resumes, cover letters and LinkedIn profiles, regardless of the candidates' from all backgrounds can prove their skills on tests you can administer during the interview process. 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When your team members post on social media about company job openings, the listing can reach a broader audience. Be open to candidates who may not have traditional qualifications but have the skills and experience to adapt to dynamic work environments. When interviewing candidates, consider with whom those candidates might collaborate. In addition to hiring AI-savvy talent, your business should create strategies for existing teams to experiment with AI tools. Investing in upskilling employees can be more cost-effective than trying to immediately automate numerous roles. Forbes contributor Barry Libert, CEO of the platform advisory firm AllMatters, writes: 'A workforce familiar with the company's data and systems can more effectively integrate AI solutions into existing processes, reducing the time to implementation and ensuring smoother transitions.' 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Grab your cooler, pack the car: The road trip calls this summer as gas prices fall and economic fears linger
Grab your cooler, pack the car: The road trip calls this summer as gas prices fall and economic fears linger

Business Insider

time4 hours ago

  • Business Insider

Grab your cooler, pack the car: The road trip calls this summer as gas prices fall and economic fears linger

Country roads, take me to vacation. The open road is a preferable getaway this summer for Americans who discovered a love for road trips during the pandemic, are feeling economic uncertainty, or want to take advantage of tumbling gas prices. Road trips also offer a degree of certainty — you won't find yourself abroad as tariffs or border policies change, or the latest flight chaos strikes. James Willamor, 45, is setting out on a 4,500-mile road trip to kick off summer. It's become a passion for him; he estimates he spends between 30 and 40 nights a year camping on both short and long trips. Depending on the length of the trip and gas prices, he spends an estimated $500 to $800 on gas, and he tries to optimize by always using a points credit card and other gas rewards programs. He also plans out meals where he can and carries a small portable refrigerator filled with meats, cheeses, fruits, and vegetables. His favorite part of hitting the road is watching the landscape gradually change, going from rivers to rolling hills to mountains. "It's a lot different than in times when I've flown somewhere and you get on the plane and you get off and you're in a totally different biome," he said. "But spending three or four days driving across and seeing the gradual change is probably my favorite part." Cheaper gas and more driving this summer Already, record numbers of Americans hit the road for the first big vacation weekend of the year, per AAA. It projected that over 1 million more Americans would be traveling by car Memorial Day Weekend compared to last year — an increase from 38.2 million auto travelers in 2024 to 39.4 million this year. The urge to stay domestic seems like it'll continue through the Fourth of July: Airbnb said that bookings within 300 miles of vacationers' origin spots are up 32% over the Fourth of July weekend compared to 2024. 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"Right now, I live very close to Newark Airport, and the craziest delays are happening with the air traffic control and stuff — I mean, that alone is making people iffy about traveling," Dan Pieraccini, an avid domestic traveler and road tripper based in New Jersey, said. Some travelers are opting for road trips just because they want to; Scott Reing, 37, is planning a 2,500-mile-long road trip for his family to the Grand Canyon to commemorate his wedding anniversary. His family alternates between bigger vacations abroad and domestic trips to national parks. This year happened to be a national parks year. In theory, he said, some of the appeal of the domestic trip this time around is price, although the cost will still be hefty with the amount of time they're spending on the road. "You kind of have more control over what you're spending when you're doing a road trip versus going to an all-inclusive or going on a cruise or flying abroad," Reing said. "You really have the choice to stay in a motel or a campsite one night or two nights or 10 nights versus something else." Even so, Reing said he isn't broadly rethinking travel or travel spending; next year, he could end up somewhere abroad, like Japan. Indeed, many Americans are still opting for European or international travel this summer, with some powering through uncertainties and deciding it's worth it. But the road is still calling. Cathy Keibler, a 65-year-old retiree in Indiana, is eagerly planning her first major road trip across the country. She wants to see the country, but has no desire to fly anymore. She and her husband have a new Prius, so they're not too concerned about gas expenses and are planning to bring a cooler to mitigate food costs. Keibler also wants to get a closer view of what's happening in her own country; with unrest and uncertainty, a road trip offers an opportunity to see firsthand how that's reflected in different corners of the nation. "Part of the more idealistic reason for making this road trip is to maybe try to get in touch a little bit with really what's happening out there in the country in a way that we can't really do when we're just driving on the interstates and maybe pulling over at a McDonald's," she said.

Decentralized Masters Review: Best DeFi Course in 2025?
Decentralized Masters Review: Best DeFi Course in 2025?

Associated Press

time5 hours ago

  • Associated Press

Decentralized Masters Review: Best DeFi Course in 2025?

IRAEmpire has released a new guide on 'Decentralized Masters Review' for consumers and investors. SAN FRANCISCO, CA / ACCESS Newswire / June 15, 2025 / DeFi continues to boom, and Decentralized Masters has emerged as the go-to educational platform that bridges the knowledge gap in this complex space. The DeFi market reached $13.61 billion in 2022 and projects 46% growth through 2030. However, only a small fraction of the global population participates - not because of money, but because they lack the knowledge. Ryan Paulson, Chief Editor at IRAEmpire says, 'Decentralized Masters has quickly become a leading educational resource with its 18-month old presence.' Get This Free 'Become Your Own Bank' Strategy Kit from Decentralized Masters Here The platform serves over 3,000 members worldwide and maintains impressive Trustpilot ratings of 4.8/5 stars from more than 421 reviews. CFA charterholder Tan Gera and mathematical engineer Salim Elhila founded this platform that has achieved remarkable results. Their track record shows over 450 native market recommendations with a 301% average performance and 86% win rate in just 18 months. Their unique approach focuses on risk management and downside protection, which sets them apart from typical crypto education programs. You might be wondering about Decentralized Masters' cost and its real-life value. This detailed review will get into their well-laid-out learning paths and tailored mentorship model that caters to both beginners and advanced DeFi investors. Or, Apply to Join Decentralized Masters Directly. What Is Decentralized Masters and Who Is It For? Decentralized Masters, a 2023 educational platform, connects traditional finance with decentralized technologies. The platform blends top-tier education and practical tools to help investors master DeFi markets. Founder Background: Tan Gera and Salim Elhila Tan Gera's Wall Street background and CFA charter bring credibility to the crypto space. His story began in suburban Paris before landing a Wall Street position. There, he saw traditional banking systems' limitations firsthand. This pushed him toward crypto, where he created risk management strategies that became Decentralized Masters' foundation. Salim Elhila adds mathematical engineering, AI, and statistical modeling expertise to Tan's financial knowledge. His career started as an AI and big data engineer. Later, he expanded into marketing and sales for online ventures, generating over $100 million in combined sales. His technical expertise helps the platform spot promising projects in native markets early. Target Audience: Beginner to Advanced DeFi Investors Decentralized Masters welcomes investors at every level. The platform now has over 2,100 members with a combined net worth of $4 billion. Members come from various backgrounds: Members progress through a well-laid-out learning path from simple concepts to advanced strategies. Success requires dedication and time investment. Why DeFi Needs Structured Education The founders spotted a crucial education gap in crypto: retail investors stayed on traditional exchanges while institutions grabbed the best opportunities in native markets. DeFi protocols' technical complexity also creates major barriers for average investors. Decentralized Masters tackles these challenges with portfolio management principles, asset selection guidance, technical analysis, and strategy development. Their method uniquely pairs institutional-grade investment analysis with personal mentorship. The platform stands by its commitment to 'equal access to fair financial services'. Members learn to make their own informed decisions rather than following suggestions blindly. This ethical stance sets Decentralized Masters apart in an industry often driven by hype and speculation. Learn More About DeFi Investing with Their Free Kit Inside the Program: Education, Mentorship, and Research Decentralized Masters builds its foundation on a well-laid-out educational system that combines structured learning with individual guidance. The program offers a complete approach to help students become skilled at decentralized finance. DeFi Accelerator: Structured Learning Path The DeFi Accelerator serves as the main educational platform that breaks down complex ideas into simple steps. Students follow a detailed curriculum with step-by-step video modules that cover simple DeFi basics, hands-on tutorials for wallet setup and security, and deep dives into liquidity pooling, yield farming, and staking mechanics. Students start with foundational concepts and move up to advanced strategies. This helps them build strong basics before they tackle more complex topics. One-on-One Mentorship and Group Calls The Decentralized Masters review shows how much students value personal guidance. Certified mentors give custom portfolio reviews, technical help, and strategy advice based on each student's risk comfort. These mentors go through tough training to keep quality standards high and match the company's teaching philosophy. Students also join group strategy sessions twice a month where shared knowledge creates an edge in these ever-changing markets. Gems Uncovered: Native Market Research Reports The Gems Uncovered service stands out by delivering exclusive research about promising DeFi projects before they hit mainstream attention. Top analysts send these reports twice every week after they study tokenomics, smart contract security, and project potential. Unlike others who chase popular tokens, these reports focus on solid analysis and long-term value. Community Access and Networking Opportunities The platform connects members with DeFi and Web3 industry leaders. This mastermind community helps members make better decisions through peer reviews of investments and shared insights about new trends. About 70% of members stay active after their first enrollment, which shows how much they value this collaborative system. Decentralized Masters delivers more than just education. It provides a complete support network that brings together structured learning, expert guidance, research benefits, and community wisdom. Join Decentralized Masters Here Today Decentralized Masters Cost and Value Proposition Decentralized Masters uses a membership model that ties company success to member outcomes, and quality DeFi education comes at a price. The platform goes beyond simple information by providing tailored mentorship and exclusive research reports. Membership Tiers and Pricing Structure Decentralized Masters keeps their exact pricing private, but memberships start around $5,000 with higher tiers available. Each member's needs and experience determine their specific tier, with pricing details provided during consultation. Entry-level tiers give access to educational materials, while higher tiers add mentorship calls, research reports, and advanced strategy workshops. Minimum Capital Requirements Decentralized Masters suggests new members should have $10,000 ready for DeFi investments to get the most from their strategies. This isn't a strict rule but helps members implement strategies effectively. The company's materials suggest that native market strategies work best with enough capital to vary across opportunities while managing risk. How the Program Justifies Its Cost Decentralized Masters' cost structure stands out from traditional financial services by removing ongoing asset management fees and trade commissions. Here's how it compares to alternatives: Members often find that one successful native market opportunity pays for their membership, while ongoing education and support add more value. Refund Policy and Transparency Public materials don't say much about Decentralized Masters' refund policy. Some sources point out there's no clear refund policy. Potential members should discuss refund terms during their first consultation with the company. Decentralized Masters stands out because of its methodical teaching approach. They focus on building foundational knowledge, understanding risk management, and developing self-sufficient analytical skills instead of promising quick riches. Get Their Free Kit Here Decentralized Masters Reviews and Real-World Results Results and member feedback tell a compelling story about Decentralized Masters ability to work. Students who share their experiences paint a clear picture of what new members can expect. Trustpilot Ratings and Customer Feedback The platform boasts a remarkable 4.8/5-star rating on Trustpilot from more than 421 verified reviews. GlassDoor reflects this stellar reputation with a 4.9/5 rating across 48 reviews. The company has managed to keep a clean record with no registered complaints on the Better Business Bureau. The platform's 70% retention rate among members exceeds industry standards for educational platforms. Members continue to find value well beyond their original investment. Reported ROI and Success Stories Results vary among members, yet many see substantial returns. A notable success story features a member who turned $50,000 into $400,000 in just eight months using the platform's native markets strategy. Many testimonials showcase gains between 5x and 120x on specific investments. Members find exceptional success with liquidity provision. Documented returns range from 6% to 26%, and some members report average returns of 176% over six-week periods. A single successful native market opportunity often covers the membership investment. Common Praise and Criticism Reviews consistently highlight these themes: The program demands active participation, but members see this as essential to success. The well-laid-out approach builds confidence, and many members progress from feeling overwhelmed to taking control of their strategies. Conclusion Decentralized Masters emerges as the leading DeFi education platform in 2025. Their complete approach combines structured learning paths, individual-specific mentorship, and exclusive research reports that successfully bridge the knowledge gap preventing many investors from accessing native DeFi markets. Results prove the platform's effectiveness. Members access opportunities typically reserved for institutional investors, backed by documented results showing 301% average performance across 450+ market recommendations and an 86% win rate. The platform also maintains a 4.8/5 Trustpilot rating from over 421 verified reviews that reflects genuine user satisfaction rather than marketing hype. Apply to Join Decentralized Masters Directly. The platform's focus on education rather than speculation makes it unique. They emphasize risk management, portfolio diversification, and building self-sufficient analytical skills instead of promising overnight riches like many crypto programs. This educational foundation gives you lasting capabilities to guide through DeFi markets independently. Member success stories demonstrate how quickly they recover their substantial upfront investment. Results range from turning $50,000 into $400,000 within eight months to achieving consistent returns between 5x and 120x on specific investments, highlighting the platform's value. The 70% retention rate-nowhere near industry standards-confirms that members continue finding value long after their original enrollment. Decentralized Masters fulfills its mission to provide 'equal access to fair financial services' by strengthening you with knowledge rather than dependency. Decentralized Masters provides a structured pathway to guide through this complex yet rewarding space for anyone serious about mastering DeFi investing beyond exchange trading. The combination of elite education, individual-specific guidance, and community support creates a solid foundation for your DeFi experience, though it requires substantial commitment of time and resources. FAQs Q1. What is Decentralized Masters and who is it designed for? Decentralized Masters is a comprehensive educational platform that bridges the gap between traditional finance and decentralized technologies. It caters to a diverse audience, from complete beginners to advanced investors, offering structured learning paths, personalized mentorship, and exclusive research to help navigate the complexities of DeFi markets. Q2. How much does Decentralized Masters cost and what's included? While exact pricing isn't publicly listed, membership starts around $5,000 with different tiers available. The program includes access to educational materials, mentorship calls, research reports, and advanced strategy workshops, depending on the chosen tier. It's recommended to have at least $10,000 available for DeFi investments to fully benefit from their strategies. Q3. What kind of results can members expect from Decentralized Masters? Results vary, but many members report substantial returns. The platform claims a 301% average performance across 450+ market recommendations with an 86% win rate. Some success stories include members turning $50,000 into $400,000 in eight months, and others achieving returns between 5x and 120x on specific investments. Q4. How does Decentralized Masters differ from other crypto education programs? Decentralized Masters focuses on education rather than speculation, emphasizing risk management, portfolio diversification, and building self-sufficient analytical skills. Their approach combines institutional-level investment analysis with personalized mentorship, and they provide exclusive research on promising DeFi projects before mainstream coverage. Q5. What do reviews say about Decentralized Masters? Decentralized Masters has received positive feedback, with a 4.8/5-star rating on Trustpilot based on over 421 verified reviews. Members frequently praise the quality of mentorship, the structured educational approach, and the platform's ability to break down complex DeFi concepts. The program's 70% retention rate also indicates that users continue finding value long after their initial investment. About is a trusted platform providing financial education, business insights, and unbiased reviews. Our mission is to empower small business owners, retirees, and investors to make informed, confident decisions. CONTACT: Ryan Paulson [email protected] SOURCE: IRAEmpire LLC press release

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