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Tag: zynga
Zynga shares surge on layoff plans
2015-05-06 22:49:48| BBC News | Business | UK Edition
Shares in online game maker Zynga rise strongly after the firm reports a smaller-than-expected loss and plans to cut costs by laying off 18% of its workforce.
Tags: plans
shares
surge
layoff
Zynga Launches Military Strategy Game, Empires & Allies
2015-05-06 07:02:19| PC Magazine Software Product Guide
The game challenges players to "design their perfect army and deploy the weapons of modern war in a never-ending battle to save the world," Zynga said.
Tags: game
strategy
military
launches
Weekly Tech Highlights: Apple's TV Service Is In Danger, Zynga Fired Its CEO And More
2015-04-11 22:22:19| Telecom - Topix.net
Spring is in the air -- and so are management changes, a new TV service from Cupertino and a brewing battle between two tech giants. Apple Inc. is expected to introduce a streaming video service this year, but there are a number of hurdles holding it back.
Tags: more
service
tech
weekly
Zynga founder Mark Pincus to return
2015-04-08 22:40:36| BBC News | Business | UK Edition
Troubled game maker Zynga says Mark Pincus will return to lead the company he founded.
Tags: return
mark
founder
pincus
Farmville maker Zynga to face lawsuit over 2011 IPO
2015-03-27 09:11:00| Telecompaper Headlines
(Telecompaper) Social game developer Zynga, best known for its 'Farmville' game, is to face a lawsuit alleging fraud by its management regarding its prospects before and after a December 2011 initial public offering, reports Reuters. US District Judge Jeffrey White ruled in San Francisco that shareholders could pursue claims that Zynga hid declining user activity, failed to inform them how changes to Facebook would affect demand and overstated its 2012 revenue forecast. Zynga's share value plummeted in the summer of 2012 after the company reported disappointing earnings and cut its outlook. The shareholders also alleged that Zynga deliberately concealed its weaknesses so that insiders could sell USD 593 million of stock before a post-IPO lockup was to expire, thus avoiding a near 75 percent drop in its share price over the subsequent four months.