Internet & Technology Guidance
Niantic Sells Gaming Division to Scopely for $3.5 Billion, Shifts Focus to Geospatial AI
Niantic, the developer behind the global sensation Pokemon Go, has announced the sale of its gaming division to Scopely, a major player in the mobile gaming industry, for $3.5 billion. The deal includes some of Niantic’s biggest titles such as Pokemon Go, Pikmin Bloom, and Monster Hunter Now. This strategic move is part of Niantic’s broader restructuring, allowing the company to pivot towards its emerging geospatial AI business. A Strategic Sale to
Niantic Sells Gaming Division to Scopely for $3.5 Billion, Shifts Focus to Geospatial AI
Niantic, the developer behind the global sensation Pokemon Go, has announced the sale of its gaming division to Scopely, a major player in the mobile gaming industry, for $3.5 billion. The deal includes some of Niantic’s biggest titles such as Pokemon Go, Pikmin Bloom, and Monster Hunter Now. This strategic move is part of Niantic’s broader restructuring, allowing the company to pivot towards its emerging geospatial AI business. A Strategic Sale to
Intel Names Lip-Bu Tan as CEO Amid Struggles, Signals No Split in Chip Operations
In a significant leadership change, Intel Corporation has appointed Lip-Bu Tan as its new Chief Executive Officer, effective March 18, 2025. This move comes after Intel ousted its former CEO Pat Gelsinger following concerns about his ambitious turnaround strategy, which struggled to gain investor confidence. Tan, a seasoned semiconductor industry veteran and a former Intel board member, has a rich background in the tech industry. His appointment reflects Intel's commitment to retaining it
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Intel Names Lip-Bu Tan as CEO Amid Struggles, Signals No Split in Chip Operations
In a significant leadership change, Intel Corporation has appointed Lip-Bu Tan as its new Chief Executive Officer, effective March 18, 2025. This move comes after Intel ousted its former CEO Pat Gelsinger following concerns about his ambitious turnaround strategy, which struggled to gain investor confidence. Tan, a seasoned semiconductor industry veteran and a former Intel board member, has a rich background in the tech industry. His appointment reflects Intel's commitment to retaining it






