Search Results for: www.slashgear.com/tags/zynga

Zynga confirms layoffs, Boston studio shut down

Zynga confirms layoffs, Boston studio shut down

Earlier today, we heard that Zynga had laid off a number of workers and had shut down its Boston studio. At the time, those were only reports, but this afternoon Zynga CEO Mark Pincus confirmed the layoffs and the studio closure to employees in an internal letter posted by Joystiq. In the letter, Pincus explains that not only will Zynga be closing its studio in Boston, but also reducing the workforce at its Austin branch.

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EA CEO says social gaming isn’t dying

EA CEO says social gaming isn’t dying

While a lot of people may think that social gaming is slowly dying away, Electronic Arts CEO John Riccitiello thinks the contrary. He says that social gaming isn't dying, but rather evolving. Riccitiello was more specific in his answer, stating that the concept of social gaming is overhyped, but the speculation that it's dying is exaggerated.

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Electronic Arts taking Zynga to court over The Ville

Electronic Arts taking Zynga to court over The Ville

Well what do we have here? Apparently Electronic Arts thinks Zynga ripped off The Sims Social and is now taking the social games giant to court. More specifically, Electronic Arts claims that Zynga committed copyright infringement with The Ville, which does look quite similar to The Sims Social. Of course, we've known that EA has felt this way about The Ville for a while now, with EA complaining about the similarities between the two since The Ville launched in June.

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Zynga hit with investigation over questionable stock sell-off

Zynga hit with investigation over questionable stock sell-off

Things just went from bad to worse for some of the folks at Zynga. Earlier this week the company delivered a less-than-stellar quarterly financial report, and now Ars Technica is reporting that some executives and shareholders are under investigation for dumping over $500 million in stock before the bad news hit and Zynga's stock price took a dive. In other words, a few Zynga higher-ups could be in a whole lot of trouble.

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Zynga posts $22.8 million loss in Q2 2012 report

Zynga posts $22.8 million loss in Q2 2012 report

Zynga's report for its second quarter has landed, and some things about it aren't looking too hot. The social games giant reported a loss of $22.8 million for the quarter, which is down from the $1.4 million the company made during the same quarter last year. Revenue, on the other hand, was up for the quarter, rising 19% year-over-year to $332 million, so the news isn't all that bad.

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Rovio and Zynga battle for mobile and social gaming supremacy

Rovio and Zynga battle for mobile and social gaming supremacy

This morning it was announced by Finnish mobile entertainment company and Angry Birds creator Rovio that they'd acquired Futuremark Games studio. Last week we heard that Zynga picked up the makers of Draw Something, the fabulously titled OMGPOP. Now what we've got is a silent war on our hands, not to destroy one another, but to gain sway over the social networking and mobile gaming worlds startup by startup. Zynga currently dominates the social aspect of this equation, while Rovio is tearing through mobile gaming with a hot knife, carrying out a release of its newest game Angry Birds: Space with healthy precision.

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