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Shares of Groupon Inc. (NASDAQ: GRPN), a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount, are soaring in trading today. At last check, GRPN shares were trading 9.17% higher at $5.24 on above average volume of 12.72 million. The stock hit an intra-day high of $5.37 in [...]
Shares of Zynga Inc. (NASDAQ: ZNGA) tumbled 20% in premarket trading on Friday after the company late on Thursday downwardly revised its outlook on fiscal 2012. The company has now slashed its fiscal 2012 guidance for the second time in last two months.
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Social gaming company, Zynga Inc. (NASDAQ: ZNGA) has failed to acquire online poker provider Ongame Network. Even though Zynga was said to be “leading the race” for quite few months, the Montreal Canada-based company, Amaya Gaming Group eventually won the bidding. Amaya Gaming Group announced on Monday that it bought Ongame for $32.2 million from [...]
There seems to no end to “FarmVille” maker, Zynga Inc.’s (NASDAQ: ZNGA) ordeal. While its share have been hammered in the recent past after the compnay failed to respond to changing videogame market dynamics, it also kept losing its top executives one by one. Joining the list of top executives who have left the company [...]
Social gaming company Zynga Inc.’s (NASDAQ: ZNGA) FarmVille became so popular after its launch on Facebook’s (NASDAQ: FB) platform that it threatened bigger and well established rivals in the gaming industry; nonetheless, it began to struggle after the advent of Apple Inc.’s (NASDAQ: AAPL) iPad as more and more users started to play games on [...]
Shares of Yelp Inc. (NYSE: YELP), a San Francisco, California-based company connecting people with local businesses, surged in trading today.
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Shares of Zynga Inc. (NASDAQ: ZNGA), a social gaming company engaged in the development, marketing and operation of online social games as live services played over the Internet and on social networking sites and mobile platforms, rose marginally in trading on Friday.
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One of Facebook Inc.’s (NASDAQ: FB) co-founders, Dustin Moskovitz, sold a small portion of his stake in the social network, according to a filing.
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According to a report published in the Wall Street Journal, a person close to Zynga’s (NASDAQ: ZNGA) matters has said that company’s Chief executive; Mark Pincus has issued stock options to every employee of the company.
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Business networking website, LinkedIn (NYSE: LNKD) reported higher-than-expected revenue on Thursday as its total sales more than doubled thanks to rising revenues from its new job posting services.
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