gaming giant
DeNA Has Big Quarter, Acquiree Ngmoco:( Has Layoffs
techcrunch.com
Japanese mobile gaming giant DeNA bought mobile app developer Ngmoco last year for $400 million. Since then, the company has acquired a range of other outfits and worked to tie the San Francisco startup in with everything else it does. In general, things seem to be improving. The conglomerate just...
OK, Can We Have Super Mario for iPhone Now?
www.readwriteweb.com
Nintendo is in trouble. The Japanese gaming giant, which has long felt building pressure from mobile computing platforms, is now officially losing money. Lots of it. Last week, the company reported an operating loss of $458 million, the first such deficit in its long history. While larger economic trends are partially to...
Social Gaming Startup Mob Science Raises $1M To Make A Bet On Zynga’s New Platform
techcrunch.com
While Zynga may have won the early social gaming wars, investments in Facebook gaming haven’t totally dried up. In fact, some startups are hoping that Zynga will end up being more of a friend than foe. That’s exactly what Mob Science is doing in taking $1 million in seed funding...
After Zynga Settlement, Layoffs Hit Brazilian Social Gaming Company Vostu
techcrunch.com
Brazilian social gaming giant Vostu is laying off an undisclosed number of employees, we’ve learned. Vostu, which has raised $46 million from Intel Capital, Accel Partners, General Catalyst, and Tiger Technology Global Management; is one largest social gaming companies in Latin America. The gaming company was founded in 2007 by...
Nintendo confirms that it's selling 3DS at a loss, expects that to change
www.engadget.com
Ever since Nintendo slashed the price of the 3DS, there's been plenty of speculation that the gaming giant has been selling the portable console at a loss. The company acknowledged that fact during its fairly disappointing earnings report, stating, "its hardware has been sold below cost because of its...
GREE May Have Missed OMGPOP, But It Has Another Way To Expand: A Deal With Ad Giant Dentsu
techcrunch.com
When Kim first broke the news that Zynga was in talks to buy Draw Something developer OMGPOP, she noted that one other suitor was the Japanese social gaming giant GREE, which had already made a name for itself in buying U.S. gaming companies, picking up OpenFeint in April 2011 for...
OMG Stop! Why Zynga is considering $200M purchase of DrawSomething creator OMGPOP
venturebeat.com
Welcome to the wild world of mobile gaming, where a new king can be crowned in the span of three weeks, and a struggling company can become the most sought after acquisition on the market. OMGPOP knew it had to try something drastic with DrawSomething, as it was getting beaten...
Xbox SmartGlass: did Microsoft just render the Wii U controller obsolete?
www.engadget.com
One surefire way to make sure your company gets out in front of the E3 buzz? Launch a pre-pre-E3 press conference, of course. Nintendo was already set up to kick off the show on Tuesday, getting the party started according to tradition with an early morning press conference ahead...
Under-pressure Japanese gaming giant DeNA posts record annual revenues – $1.82B sales, $794M income
thenextweb.com
DeNA is one of a number of mobile gaming firms under pressure in Japan — where authorities look set to rule a lucrative social game genre illegal — but, casting that aside, the company has announced record annual revenues of $1.82 billion in sales and $794 million in operating income,...
Facebook’s monthly rent is $1M+, and other gems from S-1 update
gigaom.com
Facebook CEO Mark Zuckerberg Facebook on Wednesday updated its S-1 document to the Securities and Exchange commission for its planned initial public offering, and it’s a veritable data dump of new information about the social networking company. The good news is, we’re digging through it so you don’t have to....
PSA: Baidu Is *Not* Trying To Buy Zynga
techcrunch.com
Looks like Baidu and Zynga are the most recent victims of a bogus press release stunt. This morning, a company called PR*Urgent put out a notice saying that Baidu — known as the “Google of China” — wanted to acquire Zynga, the social gaming giant. It claimed Baidu offered to...
The Quiet Mobile Gaming Giant: Storm8 Passes 300M Downloads, Has Reached 100M Unique Devices
techcrunch.com
While it seems like mobile gaming companies are getting acquired left and right this spring, there are still plenty that are staying independent and doing just fine. Storm8, which is totally bootstrapped and was founded by Facebook alums, is one of them. The Redwood Shores-based company is saying that it...
6waves Lolapps Sheds Most Of Its Development Team To Focus on Publishing Games
techcrunch.com
6waves Lolapps, the social gaming company that was formed out of a merger just half a year ago, shed most of its employees on the development side today to focus on publishing other studios’ titles. The decision today seems to undo some of what that merger agreement created last July...
Zynga Debuts First Licensed Game, Partners With Slingo For Bingo-Meets-Slots Facebook Title
techcrunch.com
After announcing a licensing deal with Hasbro last week, Zynga is debuting another licensing agreement. The social gaming giant is teaming up with game developer Slingo to license casual game Slingo; and launch a social Facebook title Zynga Slingo today. This is the first time Zynga has licensed a game...
Xfire Hires Former Groupon/Tencent Exec As CEO, Now Supports Chinese Language In-Game Chat
techcrunch.com
Xfire has had a bumpy road over the last 5-plus years. Back in 2006, Viacom bought Xfire for $102 million. In 2010, Titan Gaming took over ownership. Then, in October of last year, Xfire raising an additional $4M from Intel Capital and split off to become its own independent company....
10 Hedge Funds That Could Be Getting Creamed On Zynga (ZNGA)
www.businessinsider.com
Social gaming giant Zynga, the creator of FarmVille, missed earnings expectations big time and cut forecasts yesterday causing the company's stock price to nose dive. Shares of Zynga were last down more than 39% in pre-market trading on Thursday. Now here's a rundown of ten hedge funds with the biggest stake in...
Zynga faces retaliatory lawsuit brought by Kixeye
news.cnet.com
The niche game maker promises to fight to its "last breath" in a new lawsuit it's bringing against the social-gaming giant regarding accusations of trade secret theft. [Read more]...
Nintendo clocks Wii U controller life in at three to five hours on a charge
www.engadget.com
Nintendo wasn't particularly forthcoming with the specs at its keynote earlier today -- and, well, some things are probably best not mentioned when attempting to hype up your new console. Like, say, the three to hour battery life on the Wii U's controller. That's the word coming from a...
Japan's DeNA releases exclusive Transformers game, as it sharpens its international appeal
thenextweb.com
Japanese mobile gaming giant DeNA has unveiled its most international title to date — exclusive Transformers title, Transformers Legends – as its CEO claims that the firm is “on track” for profitability in the next quarter. The company, which posted record quarterly revenues of $627 million last month, agreed to a deal with...
Former LOLapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR
techcrunch.com
Arjun Sethi, who was the CEO of early social game developer LOLapps, has landed at Chamath Palihapitiya’s venture fund The Social+Capital Partnership as an entrepreneur in residence. It’s a soft landing after his company’s merger with social games publisher 6Waves didn’t go quite as planned. Lolapps, the Facebook game developer...
Spotted: Hasbro And Zynga's First Physical Title, A Farmville Memory Game For Ages 4 And Up
techcrunch.com
Zynga became a public company with $3.75 billion dollar market cap in part by taking existing physical games and introducing them to your browser and social graph. Poker and Scrabble are just two that immediately come to mind. But, lately we’ve seen Zynga flipping its model, turning to the offline...
DeNA Continues China Push, Partners with Renren on Mobile Games
www.techinasia.com
Japanese social gaming giant DeNA (TYO:2432) is announcing today that it is allying with Chinese social networking site Renren (NYSE:RENN) in an effort to bring more mobile games to the service the Mobage social gaming platform. Renren had about 154 million users as of March 2012. According to the...
Online gaming firm NEXON buys Japanese mobile games studio inBlue
thenextweb.com
Eager to expand its mobile business, online gaming giant NEXON has agreed to acquire inBlue, a Japanese developer of social mobile social games for the GREE and Mobage platforms. Terms of the acquisition, which is scheduled to close later this month, were not disclosed. Based in Tokyo, Japan, inBlue develops...
Japanese Gaming Giant GREE Debuts Zombie Jombie, Its First U.S.-Designed Title For Western Audiences
techcrunch.com
GREE, the $5.9 billion Japanese mobile gaming company that is making a big push in international markets, debuted its first-ever title that’s designed by U.S. talent for Western audiences today. Taking the evergreen zombie theme that has fueled countless mobile gaming hits, GREE’s game “Zombie Jombie” is designed from the...
Japanese Gaming Giant GREE Debuts Zombie Jombie, Its First U.S.-Designed Title For Western Audiences
Nintendo plans virtual wall of E3 coverage, wants no eyeball left behind
www.engadget.com
With E3 2012 right around the corner, Reggie and co. want to make sure your oft-distracted eyes catch every drip drop of the impending Wii U news flood. Much like it did last year, Nintendo's yet again taking to media outlets old and new for coverage of its All-Access...
ShapeUp Club Pulls In Ex-Spotify And Stardoll Execs To Go Big
techcrunch.com
ShapeUp Club is a startup out of Stockholm which has been making waves recently with a lot of under-the-radar growth. Originally built back in 2008 as a side project, it’s morphed into an interactive calorie counter on iPhone, Android, and web. You get a personal weight loss plan, can track...
Nintendo's black Wii U, first eyes-on
www.engadget.com
Here's a little treat while we wait for the Nintendo Keynote to kick in: the gaming giant carted out the black version of its upcoming console, placing it on a column at the front of the stage for all to see as we file in for the event. The...
The acquisition of OMGPOP by Zynga demonstrates the $200M power of Android and iOS
thenextweb.com
If you haven’t heard by now, the casual gaming giant Zynga has acquired development house OMGPOP, the makers of the smash hit Draw Something app for something like $200M. The move wasn’t a huge surprise for a lot of people familiar with Zynga, as the company has a history of...
Can Anything Take Down the Facebook Juggernaut?
www.wired.com
Illustration: Mister Mourao Sometime in early 2004, as Mark Zuckerberg was furiously coding the first iterations of The Facebook in his Harvard dorm room, the Internet passed what then seemed to be an impressive milestone: 750 million people worldwide had become connected. The exact birthdate of the Internet is difficult...
Chart: How World Of Warcraft subscribers are leaving Azeroth
paidcontent.org
The world’s most popular online multi-player role-playing game has been transported back five years, as falling player numbers return it to 2007 subscriber levels. I compiled subscription disclosures from the last 22 quarters, including the latest from World Of Warcraft developer Activision-Blizzard’s majority owner Vivendi on Thursday, in to this...
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