Social Networking, Online Games | featured news

Zynga Q1 Earnings Beat Street, But Shares Down

Zynga posted first quarter 2013 earnings that beat analysts expectations, but shares are trading down after-hours on future outlook.

 

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.

 

'Knightly Adventure' Takes Free-To-Play Social Gaming In A New Direction

Pangalore offers up a unique approach to social gaming with a free-to-play model that doesn't break the game.

 

Zynga Just Shut Down Boston Office, Laid Off 100+ Employees From The Ville And Bingo Teams In Austin

Possibly trying to hide the grim news by announcing it during Apple’s event, we’ve just independently confirmed that Zynga has shut down its Boston office and laid off 2/3s of the employees in its Austin office, including cuts to The Ville and Bingo teams. We’ve now confirmed the initial report from Justin Maxwell. We’ve also just heard Zynga may have an all-hands meeting this afternoon.

 

'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.

 

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.”

 

Social Games Company DeNA Made $336M Last Quarter, Says It's Doing Better Than Facebook

Japanese social games company DeNA is out to take down American rivals Facebook and Zynga.

 

How MySpace Plans to Become the Best Place to Play Games

MySpace has launched a new initiative to invite social game developers like Playdom, Zynga

 

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