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‘zynga’ Stories

Zynga posts $22.8 million loss in Q2 2012 report

, Jul 25th 2012 Discuss [1]

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. Read The Full Story

Zynga and Hasbro take Farmville offline with new card game

, Jul 24th 2012 Discuss [1]

Last month, Zynga released Farmville 2 after being wildly successful with the initial Facebook-based version. Now, the company has taken the highly addictive farming game offline and developed a new card game for ages four and up, called Farmville Memory. Zynga had started making deals with toy companies in February, which included a licensing deal with gaming company Hasbro. Read The Full Story

Zynga working on cross-platform gaming network

, Jun 27th 2012 Discuss [0]

Zynga has announced that it's hard at work on a cross-platform gaming network that will allow people on different devices to play the same Zynga video games together. The company plans to call the gaming network Zynga With Friends. The goal of network is to take the 290 million people that play the company's games each month and allow them to play together across multiple platforms. Read The Full Story

Farmville 2 unleashed by Zynga

, Jun 26th 2012 Discuss [0]

As the mobile world evolves, so too do the expectations of the public for a new most addictive game of the day - that's why Zynga has decided to release a whole new version of their smash hit with Farmville 2. If you're not familiar, the first Farmville game was entirely Facebook-based (at first) and centered around you, the farmer, and your crops and livestock. This new version of the game will be a bit more tuned for future mobile use and will have "3D graphics" which include fully rotate-ready objects galore. Read The Full Story

Zynga usage declines, stock drops to record low

, Jun 13th 2012 Discuss [3]

Zynga, known for its popular online games for Facebook, has just seen its shares drop to a record low of $4.98. It's the lowest price since the company first began selling its shares at $10 in its IPO back in December. The drop came after analysts at Cowen & Co. revealed that usage of Zynga's games had declined last month as more players switched over to mobile gaming. Read The Full Story

Zynga adds Buzz Monkey to its quiver

, Jun 4th 2012 Discuss [2]

Social gaming giant Zynga has decided to make yet another acquisition. The company has purchased a company called Buzz Monkey. The amount of money it paid was not reported, which means it was not excessive. Very large acquisitions need to be reported to the Securities and Exchange Commission (SEC). Buzz Monkey proved itself with games like Army of Two: 40th Day and Tomb Raider titles. Read The Full Story

Gears of War writer decides to work for Zynga instead

, Jun 3rd 2012 Discuss [1]

If there was ever a testament to how even the most hardcore gaming enthusiasts are in jeopardy of being overtaken by the uprise in the casual, social fare that the industry is beginning to see, it would be this story. A man with a seemingly top-of-the-line job in the video game industry for one of the biggest hardcore franchises has just left that job to work for Zynga. Read The Full Story

Zynga American Express partnership provides rewards for in-game buys

, May 22nd 2012 Discuss [1]

If you're the kind of person that lines the pockets of Zynga by spending a lot of money in so-called "free" online social games? Specifically, Zynga's most popular game Farmville? If so, then this is a rewards program tailored specifically for you. If not, then this is a rewards program tailored to make you start thinking about spending more money on your virtual farm. And in all cases, this is a rewards program to help teach you about American Express's Serve platform. Read The Full Story

Zynga Wild Needle acquisition estimated at $3.8 million

, May 14th 2012 Discuss [1]

Social gaming giant Zynga has just added another notch to its belt. This one was created with a very specific niche in mind - targeting women gamers on mobile platforms. The company in question is Wild Needle, which was created by the co-founder of successful game company Playdom Rick Thompson. Playdom was acquired in 2010 by Disney, AKA pretty much the best kind of acquisition there can be. Read The Full Story

Zynga paid too much for OMGPOP says EA CEO

, May 7th 2012 Discuss [2]

Sometimes in life we all make impulse buys that we regret. But not often does it involve a $180 million purchase. As such, Zynga doesn't have a lot of company to console itself if it ever has buyer's remorse when it comes to OMGPOP, the one-trick pony that developed the incredibly popular mobile game Draw Something. The only problem is that Draw Something is starting to fizzle out just a matter of weeks after the acquisition happened. Read The Full Story

Zynga’s YoVille game falls victim to hackers

, May 7th 2012 Discuss [6]

It's not as popular as FarmVille or Mafia Wars or Draw Something, which is probably why hackers thought it would be an easy target. And they were right. Zynga has admitted that a group of users exploited vulnerabilities in its game YoVille, but they didn't have access to any sensitive information. What they were able to do, though, is erase the inventory of players, some of whom no doubt spent a fair sum of real money to acquire that inventory. However, this isn't an issue of user privacy. Read The Full Story

Draw Something update adds undo and social network sharing

, Apr 19th 2012 Discuss [2]

Social network gaming company Zynga purchased Draw Something after it rocketed to success on iOS and Android. Zynga acquired the creator of Draw Something, OMGPOP, for $210 million, and the game has seen an update which adds social networking sharing features, plus a few other things. Read The Full Story
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