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A Year After OMGPOP Sale, Zynga Exec Dan Porter Leaves

A year ago, OMGPOP CEO Dan Porter sold the games-maker to Zynga for $180 million-plus, and became the head of the company's New York outpost. Now he’s out. Porter’s departure isn’t a huge surprise, given both his timing (presumably long enough to hit certain employment and/or earn-out goals) and the fact that Zynga ended up writing off at least half of its OMGPOP deal a few months after it closed.

 

Zynga brings losses under control

Zynga reports a sharp drop in its losses in the last three months of 2012, as revenues at the designer of games including Farmville stabilised.

 

Facebook to Develop Own Games

Cityville

Facebook Inc. and Zynga Inc. are changing the rules of their relationship. In a bid to become less reliant on Facebook, Zynga disclosed in a filing on Thursday that it has amended the terms of its relationship with the world's largest social network so that it can now host its Web games outside of Facebook's platform, among other things. The new agreement also leaves the door open for Facebook to produce its own games and become a direct competitor to Zynga.

 

Zynga Defends Acquisition

Zynga is trying to provide some answers for its controversial acquisition of "Draw Something," a mobile game that was released only six weeks earlier and has since lost popularity.

 

'Zerg rush' chews up Google search

Zerg Rush

Feeling besieged by pesky little problems today? You might want to be careful with your Google searches.

 

'Angry Birds' flock to Facebook

We're going to feel a little guilty if this news gets you fired. But you can now play "Angry Birds" on Facebook.

 

Online game maker Zynga prices IPO at $10 a share

Zynga IPO

Zynga is poised to harvest some cold hard cash in its initial public offering. Who knew that selling virtual cows and digital corn on Facebook would create a $7 billion company?

Senh: I have to say, I'm impressed. I didn't think anyone would pay for virtual items, but Zynga made that happen. $7B is not bad for a company that just makes Facebook apps.

 

For Zynga, Virtual Products, Real Profits

Zynga offers free games through Facebook, then studies data on how its audience plays them. It uses its findings to fiddle with the games to get people to play longer, tell more Facebook friends about them and buy more virtual goods.

 

World Bank says online gaming industry is a boon to Asia economy

A World Bank study to be released Thursday reports that the online gaming industry has grown into a $3 billion business that provides living wages to migrant workers in Asia who play games all day, amass virtual currency and sell it to wealthy customers in the Western world for actual cash.

 

FarmVille No Longer Facebook's Top Application

FarmVille No Longer Facebook's Top Application

This is a historic moment for social games. “FarmVille,” the hit Facebook game among all hit Facebook games, is no longer the top app on the social network. For the first time since claiming the top spot more than a year ago in August 2009, FarmVille has fallen to second place in terms of monthly active users on Facebook, according to AppData.com. Coming in at no. 1 now is the app “Phrases.”

 

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