Zynga shares drop 10%

Zynga has seen its shares fall 10 per cent following a damning analyst report.

Doug Kreutz of Cowen and Co said Facebook games were ‘in an accelerating user tail spin’.

NASDAQ stock exchange has temporarily stopped short selling of stock.

The CityVille developer closed today’s trading at $4.98, down from $5.55 the day before. It’s a far cry from its high of $15.91 in February.

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The Performance Guys Logo [Industry news] CodeDev Launches ‘The Performance Guys’ and Announces Hunt for Senior Optimisation Talent

[Industry news] CodeDev Launches ‘The Performance Guys’ and Announces Hunt for Senior Optimisation Talent

CodeDev (fondly known as ‘The Unreal Guys’), the UK-based co-development studio has today officially announced the launch of The Performance Guys. Operating as a highly specialised division, this elite team is debuting as the world’s only dedicated group of bespoke Performance Engineers and Technical Artists explicitly built to tackle project-critical optimisation challenges.