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Will Hungry Hungry Hippos Save Zynga?
Monday, October 1, 2012 - 4:12pm | 490Zynga (NASDAQ: ZNGA) and Hasbro (NYSE: HAS) have teamed up to turn FarmVille, Draw Something and other popular online gaming franchises into physical toys. Is this a brilliant business plan or another desperate attempt at survival? Historically, Zynga has not been brilliant. The company has...
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Zynga Expands Game Lineup with New Nokia Deal
Friday, August 17, 2012 - 8:49am | 529Zynga (NASDAQ: ZNGA) and Nokia (NYSE: NOK) are teaming up to bring two hit games to a new range of devices. Unveiled on Nokia's official blog this morning, the wireless phone manufacturer announced that Draw Something and Zynga Poker will be coming to the Asha Touch later this year. Zynga, which...
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Zynga Finds it Difficult to Go Mobile
Monday, August 6, 2012 - 11:19am | 474Struggling online game creator Zynga (NASDAQ: ZNGA) is reassessing its business model. Chief Executive Officer Mark Pincus told The Wall Street Journal, “I think that there's an opportunity on mobile for there to be a connector of these experiences.” Zynga's second quarter results revealed a...
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Zynga's COO May Lose Creative Control as New Double Lawsuit Surfaces
Wednesday, August 1, 2012 - 8:58am | 430As growth continues to slow in Farmville's hometown, better known as Zynga (NASDAQ: ZNGA), Chief Operating Officer John Schappert may have lost his role - one that required growth revival for the floundering company along with product oversight. The news coincides with two lawsuits that...
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Zynga and Hasbro Team up to Bring Farmville to Life
Tuesday, July 24, 2012 - 1:10pm | 428Zynga (NASDAQ: ZNGA), the social games provider, and Hasbro (NASDAQ: HAS), the toys and games manufacturer, are teaming up to bring toys based on the popular Farmville online game into the real world. The deal sees Hasbro granted the rights to create a range of toys and games based on Zynga's...
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Zynga Loses to 20-Year-Old Game
Thursday, May 10, 2012 - 12:15pm | 349You won't find this game down on the Farm(Ville). But 20 years ago, it was the king of action games and led to the birth of a new genre. Now it has come to Facebook. And with as little effort as possible, it's making everything Zynga (NASDAQ: ZNGA) produces look like ToeJam & Earl. No,...
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Five Reasons Facebook Will Buy Zynga
Friday, February 3, 2012 - 3:19pm | 1076Zynga might be a terrible company, but it accounts for 12% of Facebook's revenue. Some people don't seem to think that 12% is a large amount of money. But if you were a Facebook (FB) investor and the company suddenly lost $300+ million in revenue, would you be concerned? Or would you laugh it off...
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What Zynga's Friday Flop Means for Manic Monday
Monday, December 19, 2011 - 10:51am | 1012With prices always falling, Zynga (NASDAQ: ZNGA) is like the Wal-Mart (NYSE: WMT) of social gaming. Well, not exactly. When Wal-Mart announces a price drop, it usually involves consumer goods. When Zynga announces a price drop, it will -- from this day forward -- most likely refer to its stock. I...
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Five Corporations Zynga's IPO Could Impact
Friday, December 16, 2011 - 10:03am | 1623Which companies could benefit and which could suffer at the success or failure of Zynga's public debut? Later this morning, Zynga will begin trading on the NASDAQ Global Select Market under the symbol “ZNGA.” The company's long-awaited IPO was announced at a price between $8.50 and $10, and is now...
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Don't Bet the FarmVille on Zynga's Success
Thursday, December 8, 2011 - 1:49pm | 1324If unrelenting greed wasn't enough to chase investors away, maybe Zynga's accounting practices will turn them off. Business Insider has posted an interesting video from Bloomberg's Cory Johnson, in which the reporter breaks down the social game company's revenue and so-called profits. In short,...
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Zynga's IPO at $8.50 to $10 Per Share with 100M Shares of Class A Common Stock
Friday, December 2, 2011 - 3:30pm | 348Zynga's long-awaited public offering is finally coming to fruition. While the launch date has yet to be announced, the company has revealed its plans to offer 100,000,000 shares of Class A common stock at a price between $8.50 and $10 per share. This is significantly lower than the reported $14...
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Words with Billions? Online Social Media Company Zynga to File for IPO
Wednesday, June 29, 2011 - 6:45am | 331Online social media company Zynga, popular for its interactive games like Words with Friends and FarmVille, is looking to raise between $1.5 billion and $2 billion in an initial public offering, a source familiar with the matter said. An IPO filing could be submitted to the SEC as soon as...
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Zynga Stands For $20 Billion In Fake Goods
Tuesday, June 28, 2011 - 12:36pm | 134Just a few minutes ago, CNBC's Kate Kelly reported that Zynga is set to go public any day now, perhaps as soon as tomorrow. The company is going to raise an astounding $1.5 to $2 billion in the initial public offering, and has selected Morgan Stanley as the lead underwriter of the IPO. What is...
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FarmVille Vs. Kiva
Wednesday, April 20, 2011 - 12:12pm | 319If you had the opportunity to loan $25 to help someone build a farm in another country, would you do it? Or would you rather spend that money buying goodies in FarmVille? This is the challenge that Kiva – a nonprofit group dedicated to facilitating $25, interest-free loans to entrepreneurs in...
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Bob Rice: Zynga's Success Shows That "Social And Mobile Are Everything"
Tuesday, February 15, 2011 - 8:59am | 301Bob Rice of Tangent Capital Partners told Bloomberg TV that he agrees with the speculation that Zynga, the developer behind FarmVille, Mafia Wars, CityVille and other hit Facebook games, could be worth $7 to $9 billion. Rice has been very encouraged by the success of Zynga, whose $400 million...