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Facebook to Zynga: Social games are growing, not shrinking
The tiff between the world's largest social network and the company behind the "FarmVille" social game escalated this week. Facebook on Tuesday shot back at Zynga, saying the number of people playing games on the social network on a monthly basis grew...
Tags: Sociology, Economy, Business and Finance, Arts and Culture, Media Industry, Culture
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Kixeye thrives on Facebook where others flail
Kixeye, a social game developer in San Francisco, doesn't attract much attention -- and that perhaps provides a clue to how the company has managed to flourish on Facebook while others have wiped out or stalled. Kixeye has little more than 5.3 million...
Tags: Economy, Business and Finance, Media Industry, Marketing, Companies and Corporations, Social Media
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Facebook's first earnings report matches expectations; shares plunge
Facebook's first-ever earnings came in on target Thursday, with revenue of $1.18 billion on profit of 12 cents a share. Facebook posted a second-quarter loss of $157 million, or 8 cents a share. But on an adjusted basis, after accounting for restricted...
Tags: Media Industry, Earnings, Thomson Corporation, Social Media, Mark Zuckerberg
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EA files copyright infringement suit against Zynga
Electronic Arts has filed a copyright infringement suit against Zynga, alleging that the social gaming company's "The Ville" misappropriated EA's "The Sims Social" game. In a blog post explaining the lawsuit, Lucy Bradshaw, head of the studio that...
Tags: Justice System, Litigation, Crime, Law and Justice, Companies and Corporations, FrontierVille
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Electronic Arts sues Zynga
Recent documents from the Los Angeles TimesElectronic Arts filed a copyright infringement lawsuit alleging that Zynga's "The Ville" misappropriated EA's "Sims Social" game.... -
Shares of Angie's List and Groupon sink
Stocks in the beleaguered social-media sector keep heading down. Shares of Angie’s List Inc. and Groupon Inc. plunged Tuesday as investors continued their retreat from the formerly red-hot sector. Angie’s List, the consumer-review website,...
Tags: Groupon, Inc., Media Industry, Social Media, Gaming Industry
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Zynga shares slide to all-time low
Zynga's shares hit an all-time low after an analyst at Pacific Crest Securities lowered his estimates for the company, citing a steep decline in the social game company's traffic. The San Francisco firm's shares traded at $4.88 early Thursday, down 7...
Tags: Nintendo Company Ltd., Economy, Business and Finance, Quarterly or Semiannual Financial Statements, Companies and Corporations, Gaming Industry
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E3: Still relevant in a changing market?
With the sale of packaged video games in decline, one may wonder whether a convention like E3, which opened Monday to begin its annual celebration of the spectacle of big-budget titles, is still needed. For the last 18 years, E3 has served as the...
Tags: Nintendo Company Ltd., Arts and Culture, Culture, Companies and Corporations, Curt Schilling
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Facebook's IPO filing, by the numbers
TechnologyFacebook's IPO filing on Wednesday offers investors, bankers, analysts, journalists and anyone willing to read the massive S-1 document a deeper look at the business and financial side of the world's largest social network than we've ever had before.... -
Is Facebook a graveyard for games?
It may be a financial bonanza for investors riding on the coattails of Facebook's grand initial public offering today, but in social gaming land, few are celebrating. Facebook, whose popularity among its nearly 1 billion users has been partly fueled by...
Tags: Amazon Kindle Fire, Computer Hardware, Marketing, Social Media, Entertainment
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The Morning Fix: Thumbs-up for 'Avengers,' Viacom profit up
Company TownA rave review for "The Avengers," Viacom's profits are way up, Bloomberg won a legal fight against Comcast and CNN's rating woes continue.... -
DrawSomething players drop 30% since Zynga purchase
Company TownDrawSomething, a game developed by OMGPOP, has seen its number of daily players plunge 30% in the last 30 days on Facebook. This likely is not welcome news for Zynga Inc., which paid $180 million, plus an additional $30 million if certain milestones are...
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Aug 14, 2012
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May 18, 2012
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May 3, 2012
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May 3, 2012
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