Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion

• 'Pokémon Go' sells to Culver City-based Scopely in $3.5 billion deal

  Scopely, a mobile game company, will purchase 'Pokémon Go' and other games from developer Niantic in a deal worth $3.5 billion, the companies announced Wednesday.
  
  Los Angeles Times - 13h
• 

  Monopoly Go maker Scopely to acquire Niantic’s games business for $3.5B

  Scopely has agreed to acquire Niantic's games business, which includes Pokémon Go, in a deal valued at $3.5 billion.
  
  VentureBeat - 22h
• 

  Pokemon Go Developer Set To Be Acquired By Saudi Arabia's Scopely In $3.5 Billion Deal

  Saudi Arabian-owned mobile developer Scopely has announced that it'll be acquiring Niantic's video game division, paying $3.5 billion for the developer behind Pokemon Go. Also included in the ...
  
  GameSpot - 22h
• 

  Saudi-owned Scopely buys Pokémon Go in $3.5bn gaming deal

  US-based Niantic is selling its games business as part of a pivot to artificial intelligence
  
  Financial Times - 22h
• 

  Pokémon-shaped Cheeto, 'Cheetozard,' sells at auction for $87,840

  A Cheeto shaped like the beloved Pokémon Charizard has sold at auction for a total cost of $87,840
  
  ABC News - Mar. 5
• 

  Climate United Sues E.P.A. Over Frozen $20 Billion

  In a lawsuit, Climate United claims the E.P.A. is illegally withholding funds that have become a target of the Trump administration.
  
  The New York Times - 4d

• PwC and Saudi Arabia’s sovereign wealth fund clash over hiring of executive

  ‘Friction and angst’ over Neom auditor preceded Public Investment Fund’s ban on Big Four firm
  
  Financial Times - 5d
• 

  A Cheeto Shaped Like the Pokemon Charizard Sells for Nearly $90,000

  A “Flamin’ Hot” snack with an uncanny resemblance to a fire-breathing Pokémon was a hit on the auction block. First it needed a custom case.
  
  The New York Times - 5d
• 

  EPA Cancels $20 Billion in Climate Grants

  Here is what we know about the billions in funds that have led to federal investigations, lawsuits and frozen bank accounts for climate nonprofit groups.
  
  The New York Times - 15h

More from The New York Times

• 

  Trump Cuts Could Squeeze Small Farmers and Food Banks

  Promising a return to “fiscally responsible initiatives,” the Agriculture Department ended two Biden-era programs that paid farmers to provide food to schools and low-income families.
  
  The New York Times - 1h
• 

  U.S. Inflation Eased More Than Expected in February

  Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
  
  The New York Times - 15h
• 

  High government debt is seen as stoking inflation, research shows.

  The New York Times - 16h
• 

  Japan’s Rice Shortage Sets Off Auction of Emergency Stockpile

  The Japanese government held a rare auction this week to make up for a rice shortage that an official called “truly unthinkable.”
  
  The New York Times - 13m

• 6 Spectacular North American Train Trips

  The trains are destinations in themselves, offering a mix of spectacular sightseeing, onboard dining and glorious open-air observation cars.
  
  The New York Times - 1h

More in Business

• 

  Japan’s Rice Shortage Sets Off Auction of Emergency Stockpile

  The Japanese government held a rare auction this week to make up for a rice shortage that an official called “truly unthinkable.”
  
  The New York Times - 13m

• Oil prices tick lower; IEA warns trade tensions will undercut demand

  Oil futures edged lower Thursday morning, after the International Energy Agency’s monthly report underscored worries that rising global trade tensions could undercut energy demand.
  
  MarketWatch - 20m
• 

  NBA Stars Like Jalen Brunson Enlist Social Media Surrogates to Expand Reach in China

  Companies like East Goes Global serve as social media surrogates for players, expanding their reach, creating business opportunities and pushing for All-Star votes.
  
  The New York Times - 24m

• Another strategist chops his S&P 500 target — but for a different reason than the Goldman Sachs reduction

  Ed Yardeni fears a potential stagflationary impact even as keeps his earnings estimates unchanged.
  
  MarketWatch - 27m

• Trump could be a catalyst for a global pro-crypto shift, Binance CEO says

  Binance CEO Richard Teng said he expects Trump's "pro-crypto" legislation in the U.S. to spur regulators in other parts of the world to follow suit.
  
  CNBC - 28m