Zynga's shares got a lift from better-than-expected earnings reported earlier this week. The picture wasn't entirely rosy, though. The maker of once-popular social media games such as FarmVille and Mafia Wars reported revenue of $311 million for Q4, flat compared to the year-ago quarter. Zynga admit...
Zynga has closed down 11 of its social games this week, including PetVille, Mafia Wars 2, Vampire Wars and Mafia Wars Shakedown. Some of the titles were completely shut down, while others were pulled from app stores or simply stopped accepting new players. Zynga intends to reallocate resources to mo...
Social game developer Zynga has taken a step toward another type of gaming, having filed preparatory paperwork in Nevada to offer real-money gambling games in the United States, according to reports. The Nevada Gaming Control Board confirmed that Zynga filed an application Tuesday for a preliminary ...
Zynga signed a deal with TV Everywhere provider Synacor that gives Zynga currency in pay-TV and high-speed Internet consumer bundles. The move puts Zynga games seamlessly on all screens for more stickiness potential. Synacor works with multichannel video programming distributors, including cable and...
Zynga's chief financial officer is departing for Facebook, yet another blow to the social game-maker, which has been languishing for months and recently trimmed its 2012 outlook. The departure of CFO Dave Wehner apparently set into motion a number of changes in the company's executive ranks. David K...
Facebook delivered a double whammy with its third-quarter earnings report: It came in slightly above Wall Street analysts' expectations, and it illustrated that, yes, it can deliver on its mobile promise. Although it recorded a net loss of $59 million, revenue reached $1.26 billion, a 32 percent yea...
If Twitter were a child, it would be the last one at the dinner table, eating its food on its own schedule -- never mind that everyone else had finished. To wit: Not too long ago it was still resisting pressure to roll out advertising until it was good and ready. Now, that same stubbornness is on di...
Trulia, an online real estate listing company, hit it out of the park Thursday in its first day of trading on the New York Stock Exchange. The stock priced at $17 per share and then opened at $22.10. It rose an eye-popping 48 percent to reach $25.20 per share at one point before settling in at $24 p...
Zynga rolled out "FarmVille 2" on Facebook this week -- but if fans were expecting an enhanced version of the same familiar game, they were in for a surprise. The two versions have little in common. For starters, "FarmVille 2" is the first Zynga game to be built entirely in 3D. The theme is also dif...
Facebook is integrating sponsored results into its search function as part of the social network's ongoing effort to increase advertising revenue. The ads appear when a user looks for a person, place, app or other item through Facebook's search bar. Advertisers can choose which search terms to targ...
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