Cory Johnson reported for Bloomberg West last night, pointing out that Zynga doesn't expect people to play its games as long as they used to. He also calls the company on unusual accounting practices, saying, "The revenue recognition of Zynga has made Zynga look like a very different company than it is."
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Still playingWords with Friends? Well, then Zynga's rewarding your loyalty with a huge update on the app's fifth birthday, complete with a redesigned interface and new features. The New Words with Friends (yes, it's been renamed, as well) doesn't only lookflatterthan its predecessor, it also comes with a new feature called Solo Mode, which lets you play on your own without internet connection.
EMC is the 800-pound gorilla in the storage space with a market cap over $60 billion.But every incumbent gets disrupted by a new startup at some point, and EMC has plenty of young, hungry companies nipping at its heels. One of them is Pure Storage,a five-year-old company that has raised over $470 million at a roughly $3 billion valuation.
Uber has hired Goldman Sachs to raise money from the bank's high-net-worth clients, Fortune's Dan Primack reports. Primack reports that Goldman began sending information packets on Uber to its wealth management clients Monday morning and that the bank could raise "hundreds of millions of dollars to support Uber's balance sheet and international expansion efforts.
Reading the one-star reviews that have popped up for Monument Valley over the past 48 hours is like a comedy routine. I've never seen so many people who claim to love something immediately resort to bashing it when they realize getting more content out of it isn't free.
TheInternational Space Stationisn't expected to maintain fundingpast 2024, but that doesn't mean that everything will come crashing down when the money runs out. Russia's Federal Space Agency hasdecidedthat it will keep its station modules in orbit after the ISS goes out of service, using these leftovers to create its own base -- its first since Mir was decommissioned in 2001.
Never mind that Sony plans tospin offits audio and video business. For now, the company is pressing ahead with plans to sell high-end A/V gear, even if it's not exactly sure who's going to buy it. According to theWall Street Journal, Sony next month will beginning selling a "Premium Sound" memory card aimed at audiophiles that claims to produce less electrical noise when reading data.
LOS ANGELES — Virtual reality is virtually here — although its first incarnation will come with short battery life, images that do not quite track eye movements and a tendency to induce motion sickness.In the next few months, Samsung intends to release the Gear VR, a headset that combines software from the virtual-reality pioneer Oculus VR and Samsung’s coming Galaxy Note 4 smartphone to create a portable virtual reality experience.
A new communications network is set to launch that is backed by Skype co-founder Janus Friis and over 50 other people from 23 different countries. The communication network is called Wire and it promises to support text messaging, voice calling, sharing images, music, and video on phones, tablets, and computers. Windows computer users are left out at least for now.
Sony blew it Wednesday by pulling "The Interview" from theaters without coming up with an alternative way to distribute the movie. There was a big opportunity to at least announce that the "The Interview" would premiere online instead of in theaters. But by completely caving to demands, Sony has emboldened other hackers to harass companies with the expectation of similar results.
Uber is close to raising a new round of funding that would value it between $35 and $40 billion, according to Bloomberg . T. Rowe Price is said to be among the new investors. The valuation matches what Business Insider's Henry Blodget heard from a source last week .
The listening experience is rather tough to describe, and I know audiophile headphone reviews can be tricky to detail without actually trying the headphones on for yourself, but let me just say these analog headphones have a warmth that makes them sound truly one of a kind.In 1990, Sennheiser engineers set out to create the best headphones in the world.
Many of the most successful new games companies have rushed to sell shares to the public as soon as they possibly could.But Kabam, a mobile games maker, wants to put off an initial public offering for as long as it can.
Before people started going crazy over the current incarnation of number puzzle games like 2048 and its ilk, a few years back, there was Drop7. But developer Zynga surprisingly stopped updating or improving it, that is, until now. They have now rebooted the game that was one of the first puzzle game successes, but it seems like not everyone is crazy about the changes they made.
That year for Porter was exhausting.As a free agent, Porter and his wife spent the summer traveling. When they returned to New York, Porter took a cushy corporate job at Ari Emanuel's talent agency, WME. Emanuel and Porter had been introduced by an OMGPOP investor, Marc Andreessen. The role, head of digital, would allow Porter to continue innovating at startup speed.
Recently, some smart industry observers have discussed the idea that the Apple Watch will one day feature cellular connectivity and actually become so compelling as to cannibalize iPhone sales.
The always insightful Ben Thompson of Stratechery , in writing about the impetus behind Apple releasing the Apple Watch in 2015, discussed the device's potential to be "Digital Hub 3.0.