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NEWS ABOUT: Zynga

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Zynga Blows $1.4M on CEO Security

With a decent chunk going to his own security company

(Newser) - Zynga CEO Mark Pincus must be a really important guy, because his company is spending a whopping $1.37 million on his personal security, the Wall Street Journal reports. Of that, $596,000 went to a company owned by—you guessed it—Pincus himself. In regulatory filings, the firm says... More »

'Words With Friends' Saves Man's Life

Smartphone game prompts medical discussion

(Newser) - A man in Australia is thanking his lucky stars his wife has a penchant for word games. A few years back, Georgie Fletcher began battling an international opponent she'd never met: Missouri resident Beth Legler. Chatting as they played, the two happened to discuss Fletcher's husband, who wasn'... More »

No Pop in Zynga's IPO

Opens at $11 a share, then sinks below IPO price of $10

(Newser) - Maybe it's not such a great day to live in Farmville after all. Zynga's much ballyhooed IPO took a turn for the negative this morning. Though things seemed encouraging out the gate—shares opened on Nasdaq a dollar above its $10 initial public offering price—they sank below... More »

Farmville Maker Zynga's IPO Pegs Value at $7B

Company sets shares at $10

(Newser) - Tomorrow should be a pretty good day to live in Farmville: Creator Zynga begins trading publicly on the Nasdaq exchange under the ticker ZNGA, and the company has set the price for the 100 million shares being sold at $10, reports MarketWatch . That would peg the market value of Zynga... More »

Baldwin Apologizes to Passengers, Slams Airlines

Says industry using 9/11 as an excuse for lousy service

(Newser) - More fallout from Alec Baldwin's American Airlines incident : The actor has taken himself off Twitter. "Let’s play a game called Mass Unfollowing. I want to crash this acct and start again," he wrote before deactivating his account, according to the New York Post . But that doesn'... More »

IPO Values Zynga at $9B

Farmville firm to sell 11.1% stake

(Newser) - Online gaming company Zynga is preparing an IPO that values the company at between $7.7 billion and $9.04 billion. The Farmville firm is selling an 11.1% stake, with 100 million shares going for between $8.50 and $10 each. The figures put Zynga on track to raise... More »

Poker's Big Gamble —Dropping Gambling

Poker federation wants to change image into that of a 'mind sport'

(Newser) - The International Federation of Poker is making its biggest gamble yet—that poker can become a bigger game by getting rid of the gambling. “The fact is there are all these people who are attracted to poker but have stayed away from it because they didn’t want to... More »

Zynga to Workers: Can We Have That Stock Back?

Move could rock Silicon Valley model if successful

(Newser) - With what’s expected to be an almost $20 billion IPO looming, Zynga CEO Mark Pincus is starting to wish he hadn’t given out so much stock to attract early employees to his company. So he’s doing something unheard of: He’s demanding employees give their stock back... More »

Facebook Apps Actually Create Jobs—182K So Far

You waste time on them at work ... giving someone else a chance to work

(Newser) - Playing FarmVille may not make you an actual farmer—but it does help create some bona fide, albeit non-agricultural, jobs. A new study released today estimates that more than 182,000 jobs have been created because of Facebook applications. University of Maryland Business School researchers pegged the number of software-company... More »

Zynga Looks for $2B IPO

Would value FarmVille creator at $20B

(Newser) - Zynga, the gaming company behind such Facebook behemoths as FarmVille and CityVille, is poised for an IPO that could raise as much as $2 billion—which would turn it into a $20 billion company, reports Reuters . Analysts expect Zynga, with 215 million active monthly users, to file its paperwork today... More »

FarmVille Maker Zynga Planning IPO

Zynga poised to go public

(Newser) - Social gaming juggernaut Zynga is poised to turn all those virtual cows and chickens into billions of real dollars through an initial public offering, sources tell All Things Digital. The company—which says its has around 250 million people a month playing Facebook games like FarmVille, CityVille, and Mafia Wars—... More »

Zynga CEO's Stalker Also Snuck Into Google

Vera Svechina left behind angry letter, Russian-language book

(Newser) - The story just gets weirder. First, Zynga CEO Mark Pincus got a restraining order against amateur filmmaker/former Russian stripper Vera Svechina, who was reportedly stalking him. Now comes the news that Svechina also gained access to the inner offices of Google in March, leaving behind a Russian-language book and an... More »

FarmVille CEO Gets Restraining Order on Stalker

Former Russian stripper repeatedly visited his home

(Newser) - Another scary story under the category of tech entreprenuer stalkers : Zynga CEO Mark Pincus, head of the company that unleashed FarmVille and its offshoots on the world, had to get a restraining order last month against a female stalker, reports Business Insider . A judge agreed that Vera Svechina, described as... More »

JPMorgan Eyeing Twitter Stake

New $1.2B fund targeting social media

(Newser) - Investment giant JP Morgan is seeking to snap up a slice of Twitter, insiders tell the Wall Street Journal . The firm's new $1.2 billion Digital Growth Fund is in talks to acquire a minority stake in the microblogging site in a deal that would value Twitter at around $4.... More »

'Facebook Credits' to Be Mandatory for Games

Developers told to use credits as exclusive payment starting July 1

(Newser) - Kiss your Farmville Coins goodbye. Facebook is telling game developers that in 5 months they’ll be required to use Facebook Credits as their only means of charging users for their games, TechCrunch reports. Developers could theoretically still create in-game currencies like the aforementioned Farm Coins, but users would have... More »

Urban Sprawl: CityVille Tops FarmVille

Zynga's monster logs 72.5M uniques in its first month

(Newser) - Zynga is officially taking over the planet, having converted millions of functioning human beings into game-playing zombies in the first month of its latest release alone, reports TechCrunch . CityVille, oddly reminiscent of the Sims, has logged a whopping 72.5 million monthly unique visitors since its launch Dec. 2—eclipsing... More »

SEC Snooping Around Facebook, Twitter Trades

Booming private exchanges move social networks' shares

(Newser) - The SEC wants information about the surging private stock exchanges that have grown up around top social networks, the New York Times reports. Shares of Facebook, Twitter, Zynga, and LinkedIn are all sought-after commodities—though none of the companies are publicly held. As the exchanges gain popularity, Wall Street investment... More »

Howdy, Crazy FarmVille Addicts: Here's a New Vice

It's called CityVille, and Zynga has high hopes for it

(Newser) - Maybe there are people out there who don't know someone who is batspit crazy about FarmVille, and those people should count their blessings. For the rest of us, Zynga is in the next few weeks rolling out its newest iteration of online game crack, ingeniously titled CityVille. You guessed it:... More »

Woman Sues Farmville Over Privacy, Keeps Playing

Litigant not outraged enough to abandon farm

(Newser) - A California woman was so disturbed by a Wall Street Journal article on how Farmville supposedly invades your privacy that she sued Zynga, makers of the popular Facebook game. The article says the game provides advertisers and Internet tracking companies with user IDs, though the Daily Intel blog at New ... More »

Instead of Murder, Couple Finds Love on 'Mafia Wars'

(Newser) - If you think online videogames are only for undateable nerdy guys, the story of John Sweeney and Joanne Doan might change your mind. The pair met while playing their favorite Facebook game, Mafia Wars, and turned their online game sessions into real-life love, Games.com reports. And, yes, the wedding... More »

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