Niantic Labs Sells Gaming Division to Saudi-Owned Scopely

Niantic Labs, known for developing Pokémon Go, has agreed to sell its gaming division to Scopely, a company owned by Saudi Arabia’s public investment fund. The acquisition, valued at $3.5 billion, will include Niantic's game catalog and development teams, enhancing Scopely's gaming portfolio. This move marks another step in Saudi Arabia’s growing influence in the gaming industry, being part of larger investments in companies like Nintendo and EA.

Google Unveils AI Model Gemma 3 and Security Updates

Google has introduced its latest AI model, Gemma 3, designed to be efficient across multiple devices and supporting more than 35 languages. Features of Gemma 3 include enhanced text-visual reasoning and automation. Concurrently, Google plans to acquire eye-tracking tech startup Adhoc Microsystems to bolster its Android XR developments. Changes to Chrome extension policies were also announced, banning unauthorized affiliate link injections.

I Robot Struggles with Debt, Risks Shutting Down

Robotic appliances company iRobot warned investors of potential closure within the year unless it can refinance a recently amended $200 million loan or find a buyer. The company's financial struggles are compounded by a significant drop in US revenue and increased competition in the robotic vacuum market.

Pocket Casts App Now Free on Multiple Platforms

The podcast player Pocket Casts has released its apps for Windows, Mac, and the web for free, following the open-source release of its iOS and Android versions. The app no longer requires an account, but offers additional features for subscribers of Pocket Casts Plus at $4 a month.

Waymo Expands Robo-Taxi Service in Silicon Valley

Waymo is broadening its robo-taxi service in Silicon Valley, adding 27 square miles to its coverage area. As part of its expansion, the service is also launching in Austin, with Miami slated to follow. Plans include testing in up to ten new US cities by the end of the year, aiming to increase autonomous driving availability.