Online games maker OMGPOP is raising a $10 million series B. The money is from new investors Rho Capital and Softbank, as well as existing investors Spark Capital and Betaworks.
OMGPOP CEO Dan Porter tells us the company will use the money to "aggressively" hire flash and mobile developers as it re-orients the company around the iPhone and Facebook. Right now the company has 35 people.
Words With Friends game maker Zynga announced that it is acquiring U.K.-based gaming company NaturalMotion for $527 million in cash and equity. The company also announced that it would be laying off about 15% of its workforce — that comes out to roughly 314 employees.
Here's what the internal Words With Friends dictionary looks like:It's been a crazy year for game-maker Zynga — it fired 15% of its workforce, and bought U.K.-based game company NaturalMotion in January — but it looks like the company is trying to turn things around.
King, the company behind theCandy Crushsagafiled its IPOtoday, but is the makeranother Zynga(Farmville),another Rovio(Angry Birds) or something else again? Nearly 100 million users playCandy Crushevery day, and while the company's titles remain free to play, it depends on virtual goods, additional levels and content purchases to bring in the cash. Selling shares at $22.
Could Fox News and CNN have the same owner? No, but close. 21 Century Fox hasconfirmedreports (first published by theNew York Times) that it made an $80 billion bid for fellow media conglomerate Time Warner -- and was turned down, for now. Curiously, this comes just asComcast is trying to swallow Time Warner Cable, but those two similarly-named companies are no longer directly connected.
Zynga broke a lot of hearts when it announced it would be shutting down YoVille , a virtual world online game that’s been running since 2008. The game’s players have been building their simulated communities for many years now, but they only have until March to say goodbye. Unless, that is, YoVille’s original creator and his new game studio have their way.
Zynga has long been famous (or infamous?) for its data-driven approach to game design. The company never focused on building strong character IP, or intellectual property, in favor of releasing games that had been thoroughly funnel-tested. But now that founding CEO Mark Pincus has stepped aside and let Xbox executive Don Mattrick take the reins, perhaps the company is going in a totally new direction.
London-based social fashion platform Motilo ,which offers a home for fashionistas to float their sartorial dilemmas,has taken in another tranche of post-seed funding from private investors. The startup, which was founded in April 2012, secured $3.3 million during 2013, and has now topped that up to $5.8 million with another $2.5 million from the same group of private, U.K.-based investors — to splurge on expansion and marketing.
Android is more than an obsession, it's a lifestyle. I have an HTC One and a retired EVO LTE and EVOg, all of which have served my flashing addiction well. By day I work for the man doing things in AutoCAD and MicroStation and by night I'm an Android Insomniac, always looking for the latest way to mess up my phone.
It's hard to describe, but itis exactly how an iPhone game should look and feel.The creators of the game,gave Monument Valley two important features for addictive gameplay: very simple controls and gorgeous graphics which make each level an optical illusion.Monument Valley, is the newest app that's at the top of the App Store .
Editor’s note: Tomio Geron is head of content at startup Exitround . This is part of a series of posts on the tech M&A market. Follow him on Twitter @tomiogeron . For one founderwho recently sold his startup, it was the culmination of a long journey. At the same time, the founder,who spoke to me on the condition of anonymity, had problems during the acquisition process, feeling bullied by a venture investor.
It looks like dogfighting in spaceships isn't the only virtual reality experience being co-published byOculus VR. The creative lead behind mobile hitWords with Friends, Paul Bettner, has a new studio, and that studio is creating a "made-only-for-VR game" namedLucky's Tale. No, not "Luckey's Tale," like the last name of Oculus founder Palmer Luckey, butsome otherLucky.
Sprint’s proposed merger with T-Mobile may be reaching a fork in the road. Today we learn that the original bid Sprint was said to put forth for T-Mobile may need to be quite a bit larger. Conflicting reports suggest Sprint is either mulling their decision or close to getting financial backing, but one thing is certain: it still needs FCC and DOJ approval.
We get there in the morning. We go on stage at 8:00 which means I get there about 7:45. I rush my suit on. That gives them less time to do makeup and more time to screw up my hair.During his South by Southwest keynote, Mark Cuban revealed some behind-the-scenes "Shark Tank" secrets. "Shark Tank" airs every Friday night on ABC.
High-speed photographycan be daunting if you're not a seasoned pro. You may have a fast camera and flash, but you probably don't have the gear (or people) you'd need to get that frozen-in-time look in most situations.MIOPS' new camera triggermight make it easier to take high-speed shots all by your lonesome, though.
Comcast has confirmed that it's going to buy Time Warner Cable to form a huge, tangled monster of awfulness. Hooray! You want out? Lucky for you there are some alternatives to doing business with your monopolistic cable-internet master if you try hard enough. Here are your options, and good luck making your escape. Read more...