Online game maker Zynga says it is cutting 520 jobs, about 18 percent of its workforce, and closing some offices.
Zynga reported a small profit in the first three months of the year, as the online game company reduced expenses. But a revenue decline and a lower-than-expected second-quarter forecast are sending its stock tumbling.
In a first for a Zynga casual game, users can now have virtual sex in the company’s new title, The Ville. It will be available Wednesday.
Web game maker Zynga is trying to turn its digital playground into an even more entertaining place, working to prove wrong investors who doubt that it can build a long-lasting business.
Zynga, the social game company known for “FarmVille” and “Zynga Poker,” is mulling a new market—online gambling.
Zynga saw its stock dinged on its first day of trading Friday—an unexpected turn of events for a closely watched public debut seen as a precursor to Facebook’s next year.
Do you play the online game Words with Friends? Even if you don’t, you probably know somebody who does.
Zynga Inc., the maker of popular online games such as “FarmVille” and “CityVille,” is being sued for patent infringement by a Texas gaming startup.