Words with Friends
Online game maker Zynga says it is cutting 520 jobs, about 18 percent of its workforce, and closing some offices.
Troubled Zynga’s stock is trading near its lowest level ever Friday after the online game maker behind “FarmVille” forecast a third quarter loss amid weak demand for its Web-based games. It’s also taking a hefty charge related to its March acquisition of mobile game company OMGPop.
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.
Do you play the online game Words with Friends? Even if you don’t, you probably know somebody who does.
A new report claims that for the first time, people are spending more time using mobile apps than browsing the web.