'Pokemon Go' maker Niantic to sell game division to Saudi-owned Scopely for $3.5 billion

Niantic Labs said it would sell its video-game division to Saudi Arabia-owned Scopely for $3.5 billion, as the U.S. augmented reality firm shifts focus to geospatial technology after failing to recreate the success of its 2016 smash hit "Pokemon Go." The deal, announced on Wednesday, also advances…