Bloomberg A group of Chinese investors said it’s acquiring ad-tech startup Media.net for about $900 million in cash, with plans to eventually sell the company to an obscure telecommunications firm whose shares have been suspended from trading since last year. Media.net, which is based in Dubai and New York, is touting this as the third-largest ad-tech acquisition in history. ...

  Bloomberg The imminent Hong Kong debut of Meitu Inc., whose main claim to fame is selfie touch-up apps, offers investors a rare chance to get in near the ground level of China’s nascent, booming smartphone economy. Meitu banked on China’s growing pre-occupation with ideals of comeliness, a passion that’s inspired countless internet memes and a surge in cosmetic surgery. ...

  Moscow / AFP A compass on the smartphone screen points towards Red Square. As the distance to the target narrows, the camera app pops up and zooms in on a bearded figure in a fur cloak. The routine is familiar to Pokemon hunters obsessed with the ultra-popular Pokemon Go game — but this is no Pokemon. Instead, it is ...