Former Bang with Friends app is rebranded and relaunched as Down after a trademark dispute with Zynga. They have also launched on Android and has re-adjusted their approach instead of just hookups.
Many lessons can be learned from the IPOs of other social media outlets as IPO would be conducting its own soon.
Zynga announced the exit of some senior executives, including David Ko, Zynga's Chief Operating Officer, as part of the company's streamlining plans.
Nexon placed investments on Western gaming firms to expand its market.
The social game developer's top executive conducted a study to pinpoint the company's weakest areas.
According to analysts, core business problems will cause to company to ultimately crumble despite its tactical move to exit its online gambling venture.
After the end of Facebook and Zynga's agreement, the web network said that they will publish their own games on the social platform.
Zynga saw three more top executives leave their positions according to sources.
Zynga filed legal action against "Bang With Friends" for copyright infringement.
Dan Morris of Facebook will discuss mobile gaming at the Casual Connect conference.
Despite posting strong results, Facebook was not able to carry Zynga's stocks due to massive player loss.
Zynga's profits were massively reduced due to an exodus of players, but CEO Don Mattrick remained optimistic.
According to an interview with game creator Lorne Lanning, Nintendo would last 100 years unlike Zynga or Microsoft.
Online gaming developer Zynga topped analyst predictions on its latest revenue announcement.
Due to disappointing figures, Zynga's plans to enter the online gambling industry were halted.
Subscribe to VCpost newsletter
Most Popular
- Walgreens to Open a New Pharmacy Offering Cell and Gene Therapies to Patients With Chronic Diseases Like Cancer
- SSI Payment for May 2024: Supplemental Security Income Recipients to See Double Amount in Payout
- How to Apply for Social Security Spousal Benefits; Here's How You May Boost Your Money!
- Walmart Founder's Son Rob Walton to Step Down From Board
- Doctors Raise Concerns Over Proposed Capital Gains Tax Changes
- How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
- JPMorgan CEO Warns of Economic Risks Amid Biden's 'Huge' Deficit Spending, Questions Likelihood of 'Soft Landing'
- US Secretary of State Antony Blinken Calls on China to Treat American Companies Fairly During Visit to Shanghai