Tag Archives: zynga

Anonymous threatens Zynga with fireworks night attack

Infamous hacker collective Anonymous has threatened to release confidential information about casual gaming company Zynga on November 5th. It is doing so, it claims, in response to the company’s outrageous treatment of their employees and their actions against many developers”. This presumably refers to last week’s closure of 13 of …

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Zynga posts third quarter of losses

A loss of nearly $53m for the last quarter means that Zynga has now posted total losses of nearly $161m over the last nine months. But it wasn’t all bad news, and with numbers coming in ahead of expectations investors may this morning be feeling that there’s some reason for …

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After stock uncertainty and headlines comes the real cost of Zynga’s failure

Social games publisher Zynga has closed 13 of its studios resulting in the losss of around 100 jobs. The news was relayed to staff in a company-wide memo by CEO Mark Pincus which Zynga public relations reps also shared with the press. Specifically, the firm plans to: – Close down …

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Zynga now "worthless" as stock price continues to tumble

JP Morgan analyst Doug Anmuth has effectively labelled social gaming firm Zynga as worthless”. That is to say that its share value has now fallen so low – $2.35 per share, in fact – that it is no longer worth as much as its securities, which combined represent value of …

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