gaming company

gaming company

The real reason Zynga is out of steam

tech.fortune.cnn.com
The games are lacking. If the social gaming company wants to save itself, it needs better titles. FORTUNE -- Zynga can't catch a break. Shares are down nearly 74% since its stock market debut. User engagement has dropped 53% in less than three years according to social game analytics firm...
The real reason Zynga is out of steam

Zynga brings multiplayer slot machines to Facebook with "Zynga Elite Games", launching this week

thenextweb.com
Zynga is scheduled to release its fifth casino game on Facebook later this week called “Zynga Elite Slots”, which is what the company calls its “first synchronous, multiplayer slots game.” Players can enjoy casino slots while also being entertained through storybook animation where you advance through several “themes’ and level...
Zynga brings multiplayer slot machines to Facebook with "Zynga Elite Games", launching this week
Mango Health nabs $1.45M to build gamified mobile health apps

Kabam Enters 2013 With More Than A $200M Runrate Even As The Gaming IPO Window Seems Closed

techcrunch.com
Kabam, a midcore game developer that staged a stunning new chapter on mobile platforms, is out bragging about its expected revenues for the coming year. The company said it ended 2012 with gross revenue of $180 million, up 70 percent from the year before. Gross revenue is bookings, so it...
Kabam Enters 2013 With More Than A $200M Runrate Even As The Gaming IPO Window Seems Closed
As Bahrain F1 Protests Continue, Tech Sponsors Go Along For The Ride
OMGPOP Eyes a TV Show Based on Hit Game Draw Something (Plus More Big Stats)

CrowdStar Co-Founder and GM Jeffrey Tseng promoted to CEO

www.insidemobileapps.com
Mobile and social game developer CrowdStar today announced that co-founder and general manager of products Jeffrey Tseng has been promoted to CEO of the company. Former CEO and co-founder Peter Relan returns to his post of executive chairman on CrowdStar’s board of directors. CrowdStar said that the change comes as...
CrowdStar Co-Founder and GM Jeffrey Tseng promoted to CEO
LucasArts' mixed legacy: A breeding ground for great games and designers that relied too much on Star Wars

OnLive Gaming Service Reboots after Dumping Stock Options, Employees, Investors

www.readwriteweb.com
Over the weekend, cloud gaming company OnLive went through a sort of quasi-bankruptcy, selling off its assets and leaving its investors, employees, and stockholders out in the cold. The only possible winners? OnLive's very small number of users. Early Friday, Mashable reported that OnLive might be shutting down. Later in...
OnLive Gaming Service Reboots after Dumping Stock Options, Employees, Investors

TechStars network’s Argentine accelerator NXTP Labs unveils its latest startup batch

thenextweb.com
Did you know that the only Latin American member TechStars’ global network was based in Argentina? We are talking about NXTP Labs, a startup accelerator based in Buenos Aires we have been following from the beginning. Launched a few months ago, it presented its first class to investors on a Demo Day...
TechStars network’s Argentine accelerator NXTP Labs unveils its latest startup batch

There's A Major Flaw In Zynga's Plan To Fix Itself (ZNGA)

www.businessinsider.com
Zynga has a plan to fix itself that involves becoming a more mobile-focused company and putting more resources behind the "With Friends" brand, Shayndi Raice at the Wall Street Journal reports. It has no choice but to figure out mobile. Zynga's mobile users are growing three times faster than its...
There's A Major Flaw In Zynga's Plan To Fix Itself (ZNGA)
Another bad day: Facebook shares tumble nearly 10%

Mad Catz takes on OUYA with Project M.O.J.O Android console

www.electronista.com
Gaming company Mad Catz has announced that it is developing an Android-based ìmicro consoleî that will build on its Android-ready gaming GameSmart peripherals. The company has revealed that its GameSmart accessories will be compatible with Nvidia Tegra-powered devices in a hook-up with the graphics and mobile chip-maker. Although Mad Catz...
Mad Catz takes on OUYA with Project M.O.J.O Android console

Still Below Offering Price, But Facebook Stock Got a 10 Percent Boost This Week

allthingsd.com
For those keeping track — and there are many, as the investigations and recriminations into its borked IPO continue — the shares of Facebook moved strongly upward this week. The stock of the social networking site closed at $33.05 on Friday, up almost four percent. For the week, the...
Still Below Offering Price, But Facebook Stock Got a 10 Percent Boost This Week

Will Zynga Emerge As A Gaming Company Or Gambling Company?

techcrunch.com
There is more than a bit of schadenfreude among longtime insiders in the gaming industry at Zynga’s performance over the last year. The company has fallen from a private, pre-IPO valuation of around $14 billion to just $2 billion over the past year as it failed to maintain growth on...
Will Zynga Emerge As A Gaming Company Or Gambling Company?

Amaya, not Zynga, buys Bwin.party-owned poker business Ongame for up to $33.3m

thenextweb.com
Although social gaming juggernaut Zynga was reportedly ‘leading the race’ in a bidding war for online poker provider Ongame Network just a few months ago, Amaya Gaming Group has ended up winning it. The Montreal, Canada-headquartered gaming company this morning announced that it has acquired Ongame from Internet gambling powerhouse...
Amaya, not Zynga, buys Bwin.party-owned poker business Ongame for up to $33.3m

LucasArts Shuts Down

www.fastcompany.com
The Walt Disney Company paid George Lucas $4 billion for LucasFilm, Star Wars and LucasArts in October. There was a great disturbance in the force today. Back in October The Walt Disney Company paid George Lucas $4 billion for LucasFilm, Star Wars and LucasArts, the video game creator. Disney...
LucasArts Shuts Down
Sony acquires cloud gaming service Gaikai for $380 million

OpenFeint's Jason Citron Raises $1.1M To Go After Core Gamers With New Startup Phoenix Guild

techcrunch.com
Just a year after selling his mobile-social gaming network OpenFeint to GREE for $104 million, Jason Citron is at it again. He’s starting a new company called Phoenix Guild and has pocketed $1.1 million from YouWeb, Accel Partners, and General Catalyst Partners. The goal is to be a the “Blizzard...
OpenFeint's Jason Citron Raises $1.1M To Go After Core Gamers With New Startup Phoenix Guild

King.com Buys Fabrication Games as it Pushes Onto Mobile, Eyes Possible 2013 IPO

techcrunch.com
Swedish gaming company King.com just acquired Stockholm-based developer Fabrication Games in a big push to expand onto Android and iOS this year. With the deal, King.com picks up Fabrication’s talent, games and developer tools. Terms weren’t disclosed, but I would assume the acquisition is priced in the talent-range. Fabrication had...
King.com Buys Fabrication Games as it Pushes Onto Mobile, Eyes Possible 2013 IPO

10 Million People Play This Game Every Day

www.businessinsider.com
OMGPOP's Draw Something app, which is less than two months old, just blew past Zynga's Words With Friends to become the most-played game on a daily basis, according to AppData. As with all explosively popular apps, expect one of two things to happen: a larger social gaming company (we're...
10 Million People Play This Game Every Day
RockYou acquires social bingo game maker Ryzing

Big Fish Scoops Up Mobile Casino-Game Maker Self Aware Games

allthingsd.com
Big Fish, a casual-gaming company, has acquired mobile social game developer Self Aware Games, makers of the iPhone, iPad and Android game Card Ave: Casino, and its parent company, Social Concepts, in a cash-equity deal of an undisclosed amount. The acquisition comes as more gaming companies are making acquisitions and...
Big Fish Scoops Up Mobile Casino-Game Maker Self Aware Games

Game Over: Zynga Titles Sink After Facebook Changes Up Discovery

allthingsd.com
If Zynga’s symbiotic relationship with Facebook was ever in question before, it sure isn’t now. The gaming company missed analyst estimates in its second-quarter earnings release on Wednesday, reporting one cent earnings per share on revenues of $332 million. That’s below what the Street expected — revenues of $344 million...
Game Over: Zynga Titles Sink After Facebook Changes Up Discovery

Are We Seeing The Beginning Of Facebook’s Answer To AdSense?

marketingland.com
What’s next for the social network that has 900 million users? An ad network like Google’s AdSense, many believe. And today, InsideFacebook spotted the first hints of what such a thing might look like. On Zynga.com, the independent web presence of the gaming company whose apps also... Please visit Marketing...
Are We Seeing The Beginning Of Facebook’s Answer To AdSense?
PlayStation Cloud streaming tech is powering the 'fastest gaming network in the world'
Trouble at OnLive: reports of bankruptcy, mass layoffs swirl

Habbo exposed as paedophile haven

www.kernelmag.com
Balderton Capital will return its 13 per cent stake in social gaming company Sulake at zero value after learning that one of the company's products, Habbo, is to be engulfed in a child sex scandal by Channel 4....
Habbo exposed as paedophile haven
Bonus Life: How a Korean Gaming Startup Saved Itself From Certain Death

Are GREE's U.S. Efforts Starting to Pay Off With $29M In First-Half Studio Revenue?

techcrunch.com
The Japanese mobile gaming companies came. They saw. And they still have yet to conquer Western consumer markets, but at least they’re showing some financial progress. Japan’s GREE today said that its U.S. studios have now seen about $29 million in revenue in the first-half. No word on profits though,...
Are GREE's U.S. Efforts Starting to Pay Off With $29M In First-Half Studio Revenue?
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