Shares of embattled social-gaming company, Zynga Inc. (NASDAQ: ZNGA) rallied on Monday after the Company announced that it will slash another 1% of its workforce, shutter more offices to drive up the profitability. Meanwhile, the recent enacting of a law in Nevada which makes online betting legal in the state also helped the company to [...]
Social online game provider, Zynga Inc. (NASDAQ: ZNGA) trimmed losses in the fiscal fourth quarter as the beleaguered company resorted to massive cost cutting measures such as shutting down of offices, slashing workforces and taking off poorly performing titles. [...]
Professional networking site, LinkedIn Corporation (NYSE: LNDK) reported on Wednesday that it now has 200 million registered users worldwide (200 countries and territories), underscoring Company’s consistently growing user base even as number of other social websites grapple with slowing growth. [...]
Shares of EnergySolutions Inc. (NYSE: ES) surged 8.28% to $3.72 after the company announced that it agreed to be acquired by a subsidiary of Energy Capital Partners II, LLC in a deal estimated at $1.1 billion. According to the deal, each shareholder of EnergySolutions will get $3.75 in cash for each share of common stock. [...]
In a move to cut costs, Mark Pincus, Chief Executive of beleaguered Company Zynga Inc. (NASDAQ: ZNGA) announced in November that the social gaming company will be shuttering out-of-favor games. [...]
Beleaguered company, Zynga Inc., (NASDAQ: ZNGA) whose shares have been hammered in 2012 due to slowing sales-growth and company’s slow transformation towards mobile computing amid mass departure of some high-profile executives, confirmed on Monday that it will be closing down its operations in Japan. [...]
In order to seek benefit from changing legal landscape in the U.S, beleaguered social gaming company, Zynga Inc. (NASDAQ: ZNGA) took its first official step towards entering real-money gambling games business by filling paperwork in Nevada on Thursday. [...]
Shares of online social gaming service provider, Zynga Inc. (NASDAQ: ZNGA) plunged 12.60 percent in aftermarket hours on Thursday after the troubled company said in its regulatory filing that its two year-old contract with Facebook (NASDAQ: FB) was revised; as a result, hereafter, rules applicable to other game developers will also apply to Zynga. [...]
It seems that departures and appointments of top executives has become a routine affair at Zynga Inc. (NASDAQ: ZNGA). Indeed, on Tuesday, the social gaming company announced that it has appointed Tim LeTourneau as its new Chief Creative Officer. LeTourneau will fill the position which was left vacant by Mike Verdu, who left Zynga in [...]
Zynga Inc. (NASDAQ: ZNGA), a California-based social gaming company that offers virtual games worldwide and support on social networking sites, cellular devices and internet forums, reported results for the third quarter ended Sep 30, 2012. [...] |
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