Sec Pressed Facebook On Zynga, Instagram And Zuckerberg's Control Pre-ipo

Facebook Lawsuits

Back-and-forth with regulators before offering included discussions of revenue, acquisitions.

Senh: Zynga makes up 19% of Facebook's revenue for 2011: “Please disclose that revenue from ads shown to users using Zynga apps on Facebook was approximately 7% of your revenue for 2011,” reads the April 10 letter from SEC Assistant Director Barbara Jacobs to Facebook CFO David Ebersman, “and that this is in addition to the 12% of your 2011 revenue derived from payments processing fees related to Zynga’s sale of virtual goods and direct advertising purchased by Zynga.”

Sections:  news   business   
RELATED ARTICLES
  • Microsoft Develops Set-Top Box
    Microsoft has been developing designs for a simple set-top device for streaming video and other entertainment options. More
  • Amazon may be working on a smartphone with hologram-like 3DAmazon may be working on a smartphone with hologram-like 3D
    Amazon is reportedly developing a smartphone that sports a 3D screen that relies on retina-tracking technology to make images seem to float above the screen like a hologram. With the smartphone, users would be able to navigate through content by using their eyes alone, according to two unnamed people who discussed the phone with the Wall Street Journal. More
  • YouTube launches pay channels with campy flicksYouTube launches pay channels with campy flicks
    Roger Corman's campy B movies, children's shows like "Sesame Street" and "Inspector Gadget," and inspirational monologues by celebrities — these are among the 30 channels that will require a paid monthly subscription on YouTube coming soon. More
BING NEWS:
  • SEC Pressed Facebook On Zynga, Instagram And Zuckerberg's Control Pre-IPO
    Facebook went public just about a month ago, and on Friday the Securities & Exchange Commission released its correspondence with the social network in the months between its initial filing and the May 18 IPO. The back-and-forth between regulators and ...
    06/15/2012 - 4:07 am | View Link
  • More
BING SEARCH:
  • Technology and Science News
    Get the latest science news and technology news, read tech reviews and more at ABC News.
    10/30/2014 - 4:06 pm | View Website
  • Welcome to Facebook
    Facebook helps you connect and share with the people in your life.
    10/30/2014 - 5:00 am | View Website
  • Valleywag
    Sorry to disrupt. ... When a small group of disgruntled Facebook users decamped to Ello four weeks ago, a million more people followed looking for The Next Big Thing ...
    10/30/2014 - 2:59 am | View Website
  • News360: Your personalized news reader app
    News360 is an app that learns what you enjoy and finds stories you’ll like around the web
    10/29/2014 - 9:15 pm | View Website
  • Facebook
    Facebook (formerly [thefacebook]) is an online social networking service headquartered in Menlo Park, California. Its name comes from a colloquialism for the ...
    10/29/2014 - 8:25 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News