Tag Archives: zynga

Company's first quarterly report meets expectations, reveals $157m loss

It was good while it lasted. The wheels appear to have fallen off Zynga’s bandwagon with stock in the company plummeting an unimaginable 40 per cent in the hours following its devastating financial report. So serious has its fall from grace been that COO John Schappert lashed out at Zynga’s …

With its latest financial results being labelled as a disaster” by analysts, Zynga has unveiled plans to enter the real-money gambling market. CEO Mark Pincus says the company will launch a real-money poker gamer in the first half of next year. "We have our first [real-money gambling] products in development, …

Zynga’s latest financial report has investors jumping ship in a hurry. The company’s share price declined 40 per cent today after its Q2 report revealed that although there was growth in both users and year-on-year bookings, the numbers fell short of estimates, resulting in a net loss of $22.8m according …

Share prices down 40 per cent in after hours trading

Yahoo founding executive Ellen Siminoff joins audit committee with immediate effect

EA, Zynga, and Microsoft, along with a host of other companies, have banded together against the Defense of Marriage act. The three gaming entities joined many other US companies in signing an official document stating their opposition. The 1996 federal law defines marriage as being between one man and one …

Industry giants campaigning against Federal law preventing same-sex marriage

Pottinger joined by ex-Robot Entertainment programmer John Evanson and former id Software artist Jason Sallenbach

Casual, social and mobile is making everyone a gamer, says Zynga COO