All Posts Tagged Tag: ‘social games’

Zynga Launches CityVille 2 On Facebook

It’s old news by now, but Zynga is still in a fair bit of trouble. The company downsized its workforce by 150 employees last month and closed a studio.The move undoubtedly raised some concerns about the future of the company, but the social games maker is pushing forward with the release of a new highly anticipated title. Zynga announced today …

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Zynga Announces Third Quarter Results, Confirms Layoffs

Zynga is a mess. The company’s share price has plummeted into unknown depths and now trades at around $2.13. Can Zynga pick itself back up and become profitable again? Let’s take a look at its third quarter results and see if there’s any hope left. Zynga announced its third quarter results today and it’s not looking super great. The social …

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Zynga Laid Off Over 100 Employees During The Apple Event

Apple took over the Internet news cycle today with the announcement of the iPad Mini. The news would obviously drown out anything else, including mass layoffs at one of the largest social game developers in the world. Nobody would be that stupid to try a stunt like that though, right? That seems to be exactly what happened during the iPad …

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Zynga’s Bad Day Continues: Words With Friends Creators Leave The Company

Zynga did not have a good morning. The company’s share price fell almost 20 percent in after hours trading last night, and is currently trading at $2.37. It seems like the day couldn’t get any worse, but it just did. The two men behind Zynga smash hit Words with Friends have announced that they’re leaving the company after being with …

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Zynga Shares Fall Almost 20 Percent In After-Hours Trading

Zynga has not had the best of luck recently. It’s pretty bad when the best product you have available is a board game based on Words with Friends from the folks who make Scrabble. Not to mention the company has been bleeding talent left and right. The company’s share price has been slowly dropping, but it just fell off a …

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Zynga Desperately Tries To Keep Employees After Stock Crash

Things are not looking good for Zynga. Their stocks crashed, COO John Schappert left and they’re being investigated for insider trading. After all this, employees would obviously want out. The company is going to keep them the only way they know how – throwing money at them. Bloomberg is reporting that Zynga is now handing out equity grants to all …

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Zynga COO Stripped Of His Power After Stocks Collapsed

To say that Zynga is between a rock and a hard place right now would be a bit of an understatement. The company is more like between a wall of cacti and an iron maiden. Either way, they’re going to bleed. That bleeding is starting today as one of the company’s major executives has reportedly lost his power. Bloomberg is …

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Zynga Insiders Knew They Were Crashing And Cashed Out

This week has not been good for Zynga. After posting decent results for Q2, the company’s shares took a dive into previously unknown depths. The shares dropped to trading around $3 each and haven’t really recovered since. To add insult to injury, a report from Yahoo News came out this week that says Zynga insiders knew about the coming collapse …

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Zynga Shares Fall 41 Percent After Mostly Positive Q2 Results

Social game giant Zynga announced their Q2 results yesterday and things were looking pretty good. We could finally put their recent stock stumbles behind us and look forward to a new era of profitability. Unfortunately, that was not the case as the company’s stock took its biggest plunge since the developer went public. Let’s focus on the good news first. …

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Exclusive: The Future Of Social Games Through The Eyes Of Frogdice

If you own a smartphone or frequent Facebook, there’s a pretty good chance that you’re a gamer. While you might not consider yourself one of the hardcore gamers that spend more than 30 hours a week saving a kingdom or competing online, you probably spend a few minutes a day tending to a virtual farm or playing Words with Friends. …

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Mobile Or Web? Facebook Doesn’t Care As Long As They’re Part Of It

Facebook has always had a powerful Web presence and they’re slowly, but surely, making their way into the mobile space. What about the developers who want to make their app connect with Facebook in some way, but not sure which platform to go with? Facebook makes your choice simple – both. In a post on their blog, Facebook outlined some …

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Zynga Digs Deep For Its Next Facebook Game

Despite a sluggish stock, Zynga is still toiling away on new games hoping to catch their next big break. They pushed Zynga Slots to mobile last week which will probably do really well. Their next Facebook game, however, is a little more uncertain. The next Facebook game from Zynga is called Ruby Blast. It’s a match-three puzzler with a twist. …

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