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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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.
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.
On March 26, 2012, a new media startup called Upworthy launched. Now it has 50 million monthly unique readers.Almost all of its readers come from Facebook. The headlines, which Upworthy's editors toil over, leave much to be desired and tug at heart strings.
Gaming giant Zynga has started to accept the cryptocurrency as a payment option for those buying tokens for virtual goods on the web versions of FarmVille 2, CastleVille, ChefVille, CoasterVille, Hidden Chronicles, Hidden Shadows and CityVille. It makes Zynga the first major gaming company to accept Bitcoin. Zynga posted the news first on Reddit rather than release an official announcement.
By now you probably know if you needHTC's shiny new Onein your life -- now it all comes down to where and when you can nab it. Thanks to some wheeling and dealing, Verizon Wireless has a head start in the US: Online and in-store sales start today at 1 PM Eastern.
As we previously reported , Dropbox is said to be on the verge of closing a huge $250 million round of investment, with the company valued at $10 billion. But, a couple more investors are still thinking of jumping in with huge investments of their own, reports Re/code's Liz Gannes .
Online gaming company Zynga announced it has begun testing accepting payments in Bitcoin for seven of its games. The announcement has caused Bitcoin prices to surge back to $1,000 on the Mt. Gox exchange. Zynga made the announcement exclusively on reddit . Bitpay, one of the largest Bitcoin payment processing firms, will handle the transactions.
Dropbox is raising between $250 million and $400 million at a $10 billion valuation according to the Wall Street Journal and Re / code . Why? Because Dropbox has spent the last year rebuilding its product to make it work for businesses, and now it’s time to sell that product.
Surgeons,mad scientistsand sentries guarding the Korean Demilitarized Zone (DMZ) now have one thing in common:Microsoft's Kinect. According toHankooki, the Korean military is currently using Kinect sensors to monitor movements at the border between North and South Korea.
Last Black Friday, we learned that iOS shoppers blew away Android shoppers in terms of money spent through mobile devices. But while we saw a nice bump that weekend, it's still clear that conversion rates on smartphones and tablets are much lower than they are on PCs. This chart from Statista breaks it down from the final quarter of last year.
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...
What's this me old mucker? London has bagged itself a new early-stage VC.Although it's already made several investments, Hoxton Ventures, founded by Accel and Fidelity alums, Hussein Kanji and Rob Kniaz, is officially pulling back the curtain today. It's announcing the closing of a $40 million “microcap” fund targeting startups in Europe, with the aim to find the next billion dollar-plus success story in the region.