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Tag Archives: Zynga
San Francisco's Zynga Narrows Losses as Game Maker Cuts Costs
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by Barbara Ortutay, AP Technology Writer NEW YORK (AP) — Online games company Zynga said its loss narrowed in the latest quarter even though revenue was largely unchanged as the company cut expenses by laying off workers, closing offices and … Continue reading
Zynga Tries Its Hand at Online Gambling
by Sam Harnett It's been a rough year for Zynga. Faced with plunging stock and revenues, the San Francisco-based social gaming company laid off employees and retired some of its games. But it has a new play for the New … Continue reading
Facebook Posts 3Q Loss, Revenue Jumps
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NEW YORK (AP) — Facebook is reporting a loss for its third quarter, though revenue rose by nearly a third. The results exceeded Wall Street's expectations. The world's biggest social media company posted a loss of $59 million, or 2 … Continue reading
Zynga Shares Buy the Farmville After Earnings Report
Is 35 percent a "plummet" or a "plunge"? Whichever — Zynga shares, that's what they're doing right now. Zynga is the San Francisco-based online game maker known for CityVille, FarmVille and other popular titles. Here's the lead from the Wall … Continue reading
Hasbro to Team Up With Zynga -- Offline
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From our public radio colleagues at Marketplace, a report on San Francisco-based online game sensation Zynga and its coming partnership with old-school gaming company Hasbro. Zynga, apparently, wants to expand offline into non-electronic, three-dimensional, real-world board games. (You know, with … Continue reading
No Ka-Ching-A for Shares of Zynga as Stock Loses 5% on First Day; Analysis
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I talked to Chris O'Brien, business and technology columnist for the San Jose Mercury News, about today's Zynga IPO dud: This really ends the year on a sour note for the tech IPO market. It's a momentum killer. Heading into … Continue reading
Hold Your Horses, FarmVille to Go Public
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NPR is reporting today that Zynga, the San Francisco-based maker of hugely popular (and some say addictive) online games, is looking to raise $1 billion from investors. Zynga Inc. hopes to raise up to $1 billion in an initial public … Continue reading
Video: Ed Lee Hearts Zynga
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A couple of days ago Fortune magazine talked to Ed Lee about the city's moratorium (.pdf of bill) on its tax on stock options. (Video of the Fortune interview here.) Lee explains why the city passed the legislation and has … Continue reading
