New data suggests that Zynga is facing an ever-mounting challenge of keeping its users interested in its stable of social games. The number of people who said they were "playing more" games on Zynga continued its steady decline in the first quarter of 2013, according to a survey* from financial analysts at Pacific Crest, released Thursday.
(2 months and 5 days ago)
NEW YORK (TheStreet) -- Online social games maker Zynga fell 5.85% to close at $3.22 Monday after Electronic Arts said it was taking down some of its Facebook games due to waning demand, underscoring the complications faced by Facebook-based social gaming companies. Facebook said Monday it was taking down The Sims Social, SimCity Social and Pet Society. Both Electronic Arts...
(1 month and 8 days ago)
Zynga chief executive Mark Pincus recently described 2013 as "a transition year" for his company, as it tries to translate its historical dominance of the Facebook social games market into similar popularity on smartphones and tablets. There have been bright spots already: Poker by Zynga has been a fixture in the upper reaches of Apple's Top Grossing chart; Words With...
(16 days ago)
Zynga has officially launched Draw Something 2, the followup to its highly-successful Pictionary-like mobile app Draw Something, which was released last year. Unveiled during the company's earnings call Wednesday, the latest version of the popular game brings new ways to play, a number of new drawing tools, as well as patterns and textures that can be incorporated into...
(29 days ago)
ZYNGA posted a surprise Q1 profit as the embattled social-games maker trimmed costs significantly, but projected weak Q2 results.
(30 days ago)
Ah, social network games. You either love them or hate them. But if you’re American, chances are you love them—we have a staggering number of social network gamers in the 50 states. But as of last month, you may love them less than you did...not all that long along. According to SuperData Research, there are ten million fewer people playing social media games than there were...
(1 month and 6 days ago)
Filed under: Investing Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of social gamer Zynga have soared by as much as 17% after the company launched its first real-money gambling titles in the U.K. So what: ZyngaPlusPoker and...
(1 month and 20 days ago)
Facebook's CEO made it clear that Zynga, the social network's largest developer, isn't performing as well as expected.
(22 days ago)
Zynga's stock is up 10% today on some speculation from analysts that Yahoo would pick up the ailing social games maker.
(2 months and 15 days ago)
We hope you've been saving your lunch money, because starting tomorrow, you'll be able to gamble actual clams in two Zynga games. That is, if you live in the U.K.Real-money versions of ZyngaPlusPoker and ZyngaPlusCasino will be the first of Zynga's forays into the realm of pay to play. Players will even be able to play a FarmVille-themed slots game (oh boy!). The games will...
(1 month and 21 days ago)
More Gadgetlab news »