News & Reviews:   acquired

Initially, it was a rumour, but this just happened a few hours ago. Niantic, the developer behind the highly successful Pokemon GO app, has sold the game and others to a Saudi Arabian group (Scopely) for US$$3.5 billion.

If you recall, reports confirmed that Elon Musk successfully acquired Twitter earlier this week. The Tesla founder now has full control of the platform and company, allowing him to dictate policy and direction. Unfortunately, some of those changes might be inconvenient for us.

After nearly a month, Elon Musk has finally acquired Twitter at a staggering $43.3 billion ($54.20 per share). With great support from Morgan Stanley, an American investment bank (and his own funds), this acquisition grants him total control of Twitter and the deal is currently in regulatory approval.