zynga

Anonymous turns its attention toward Zynga

Zynga has been in the news a lot lately, but the recent layoffs at the beleaguered social games company have caught the attention of more than just the media. Anonymous isn't all too happy with Zynga at the moment, and it's planning to do something about the company's perceived mistreatment of employees come Guy Fawkes Day. It's then, on November 5, that Anonymous plans to complete "operation maZYNGA," an offensive it has apparently already started.

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SlashGear Evening Wrap-Up: October 24, 2012

Give yourself a pat on the back, because you've officially made it through Wednesday - only two more days to go and the weekend is here again. We had a lot of news hit today, so let's jump right in. Today we may have seen some leaked press shots of the LG Nexus 4, but then sadly found out that they might be fake. The Galaxy Note II is now available for order at T-Mobile, but it's a bit on the expensive side when compared to a certain other carrier, and new Apple documents have revealed that Samsung is the focus of a 3G patent antitrust investigation here in the US.

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SlashGear Evening Wrap-Up: October 23, 2012

Welcome to Tuesday evening folks. We had a whopper of a day, what with Apple announcing a ton of new products and all. You can find all of our coverage of today's Apple news in our event round-up or by checking out our Apple Portal. Don't forget about our hands-on with the bite-sized iPad Mini, the ridiculously thin iMac, and the long-awaited 13" MacBook Pro with Retina Display. You can even watch a video of the entire event if you missed it earlier, so be sure to have a look at that.

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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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Zynga reportedly handed out stock to keep workers from leaving

Things haven't been looking good for Zynga lately. Not only has its stock dropped by a pretty large amount since it went public in December, but it's apparently had to offer incentives to keep its employees from leaving. Bloomberg reports that the company was forced to hand out stock to prevent what analyst Arvind Bhatia calls a "mass exodus," which certainly makes things seem dire for the social games giant.

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SlashGear Evening Wrap-Up: August 3, 2012

Welcome to the weekend, everyone! We're about ready to dive into the weekend ourselves, but not before we deliver the evening wrap-up. As with every other day this week, today gave us some more news about Apple's patent trial with Samsung, with Judge Lucy Koh interviewing each and every one of the jurors to make sure they weren't being swayed by any outside influences. Apple's senior VP of worldwide marketing Phil Schiller took the stand today to convince the jury that the iPhone's design was unique, while the company's legal counsel did its best to make sure that Samsung didn't share any iPhone sales numbers. Judge Koh also said that Apple wasn't allowed to keep its customer survey results a secret, so Samsung did get a bit of news that could help it out as the trial progresses.

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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

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 reports $23m social gaming loss as Facebook worries mount

Social game and Facebook stalwart Zynga has reported a dire financial quarter, casting a pall over casual gaming and leaving investors concerned that Facebook itself will underperform. On the surface, Zynga was doing everything right: daily active users were up year-on-year in Q2 2012 from 59m to 72m, with monthly unique and active users also both up (to 192m and 306m respectively). However, that still wasn't enough to avoid a net loss of $22.8m, despite online game revenues rising 10-percent year-on-year

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