Global social network Facebook has filed for a $5bn initial public offering which could value the company at $100bn. Facebook filed for the IPO with the US Securities & Exchange Commission yesterday, which will soon see the company float on the stock market and its shares made available to buy …
Read More »Facebook prepping $100bn IPO
Social giant Facebook is set to file for an initial public offering in a deal which could value the company as much as $100bn. The Wall Street Journal reported that the SEC filing for a public offering of stock could come as early as Wednesday this week. The offering is …
Read More »Zynga must attract 9-10m daily users to stop stock slide
One US analyst has warned that Zynga will have to start attracting a high number of new users to offset the declines suffered by its titles and justify its newfound share price. The publisher’s most recent releases Scramble With Friends and Hidden Chronicles have failed to replicate the successes of …
Read More »$9bn Zynga IPO is go
Zynga will later today finally go public, and is will end the day valued at around $9bn. That will make it more valuable than gaming heavyweight EA, which predates the firm by 25 years. When the US stock exchange opens later today Zynga will open at $10 a share, valuing …
Read More »Nexon IPO raises more than $1 billion
But shares fall two per cent after first day end of trading
Read More »$1 billion Nexon IPO ‘dated for December’
Free-to-play publisher 'could be worth more than Electronic Arts'
Read More »GAME shares tumble 91% year-to-date
The markets have reacted dramatically to GAME’s full year revenue target downgrade issued last week. The crash comes despite GAME’s repeated assurances that it continues to outperform the UK market. At the start of play on Wednesday November 16th, the day on which GAME issued its statement, GAME Group’s share …
Read More »Vivendi reduces Activision Blizzard stake
Media conglomerate Vivendi has divested 35 million of its shares in Activision Blizzard, the company said yesterday. The communications giant said it remains committed to being the principal shareholder of Activision Blizzard.Vivendi, based in Paris, sold off about 3 per cent of its shares to bring its total stake down …
Read More »Activision shares drop after Warcraft exodus
Publishing giant posts third-quarter income of $148 million
Read More »Zynga IPO ‘due week before Thanksgiving’
But sources say plans are not final
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