Tag Archives: ZNGA

Zynga Falls, King Digital Rises, Investors Hardest Hit

 Zynga and King Digital, the two most prominent casual game companies make big stock moves in opposing direction last Friday, but both show the investment risk in this space. We have previously discussed the woes of Zynga. Among these posts was the … Continue reading

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Zynga Ride Continues With Acquisition Of Mobile Gaming Company And More Layoffs

Zynga sees surge after news of acquisition and layoffs and earnings release. NaturalMotion acquired by Zynga Yesterday, Zynga announced that it had acquired NaturalMotion, a creator of mobile games and animation software. Zynga will pay $391 million in cash and … Continue reading

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Want To Know The Details In The Facebook/Zynga Developer Addendum?

Tough. The SEC granted an extension of the confidential period. In May 2010, Facebook and Zynga entered into a developer agreement that, among other things, permitted Facebook to post ads on Zynga game pages, implemented Facebook Credits on Zynga games … Continue reading

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Zynga’s New CEO Shakes Up Executive Team

Three execs coincidentally leave to pursue other interests as CEO announces organizational shake up. Maybe they need more time with their families as well. Zynga filed a Form 8-K today announcing the deparure of David Ko, the COO.  According to … Continue reading

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Zynga Cuts Losses After Flirtation With Gambling.

It turns out that gambling is illegal and the government is not too keen on online gambling. It is unfortunate, as I was quite curious to see how that strategy would’ve looked in practice.  As of this writing, shares have … Continue reading

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How Much Is It Worth To Hire Someone To Save Your Company, Zynga Edition

About $0.15/share for a company trading at $3.30 (as of this writing). So, Mark Pincus is out and Don Mattrick is in as Zynga CEO.  So, how much is it worth to try to revive the once high-flying company? Here … Continue reading

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Why Company Behind Candy Crush Saga May Be Considering An IPO

Cross-posted at My Gamasutra Blog. Midasplayer International, also known as ‘King,’ may be preparing an IPO, which may be prompted by their long-time investors. The company behind Candy Crush Saga is reportedly considering an IPO.  According to reports, Midasplayer International … Continue reading

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Another Mafia Wars* Victim – Pincus Out as Zynga Chief

He stays on as Chairman and Chief Product Officer. Reports are that Mark Pincus, CEO and founder of Zynga, is stepping aside as CEO.  He will remain as Chairman and Chief Product Officer. Don Mattrick, who previously headed up Microsoft’s … Continue reading

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Zynga Downsizing Includes Its Credit Facility

As Zynga downsizes its workforce and operations, it also downsizes its credit facility with Morgan Stanley, Goldman Sachs and JPMorgan. As Zynga has faced some problems in its business, it had to make some changes, including “substantial cost reductions, including … Continue reading

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Investment Advisor to Facebook and Zynga Execs Makes SEC Filing Disclosing Holdings

Advisor to Facebook execs’ portfolio heavy on ETFs, light on Facebook. RIA to the tech starts, Iconiq Capital, LLC filed its Form 13F for the March 31, 2013 quarter.  Iconiq’s holdings are heavy on ETFs, reporting its largest holdings as: … Continue reading

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