Social Networking, Social Gaming | featured news

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

Zynga said Chief Creative Officer Mike Verdu has decided to leave the social gaming firm, one of several recent departures at the company as it has faced an erosion of investor confidence.

Friendster officially announces its transformation into a social discovery and gaming platform in Asia. The new Friendster, which was in beta stage since the middle of last year, features Asia-centric contents with gaming dominantly define its user experience. The site now delivers distinct approach to discover new games of multiple genres via a brand new ...

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?

Social games maker Zynga is preparing to set a final initial public offering price on Thursday, a day before it begins trading on the stock market, in what is shaping up to be the biggest U.S. Internet IPO since Google.

Here, direct from the S-1, is the figure that matters more. Operating income in the most recent quarter declined year over year from $13.4 million to $13 million – not the big 95% drop reported in the news.

On Tuesday, PopCap games announced it was being acquired by Electronic Arts, confirming speculation that circled late last month. The deal is valued as high as $1.3 billion in cash and stocks. But the company reportedly also fielded a huge offer from social gaming giant Zynga.

Social gaming company RockYou has named Chief Operating Officer Lisa Marino as its new CEO. as the company seeks to get on track after a rocky transition from other businesses.

The Walt Disney Company became Hollywood's leading player in the booming social gaming business on Tuesday with the purchase of Playdom in a deal valued at $763.2 million.

Tech blog TechCrunch and the Wall Street Journal on Friday reported Disney is talking about an acquisition of social gaming firm Playdom, in which it is already an investor, for more than $500 million.