40°
Submitted by Origummy 927d ago | opinion piece

How Zynga can get its groove back

Zynga pre-announced yesterday weaker than expected earnings for the third quarter, which follows a previously horrible second quarter. Zynga’s new game The Ville underperformed, it had to write off $90 million from the OMGPOP Draw Something acquisition, CEO Mark Pincus may have hinted at layoffs in an internal memo, and people are leaving (the founding creators behind Words with Friends are the latest two). The stock has dropped today to $2.30 a share (far below the $10/share IPO price). (Casual games, Zynga)

Add comment

You need to be registered to add comments. Register here or login
Remember
New stories
40°

PlayStation Survey shows possible incentives for future pre-orders

8m ago - STN: Sony is sending around a survey which shows possible incentives which may be given when p... | PS4

Only 2.4% of gaming views on YouTube come from official channels

9m ago - Updated March figures on the views of gaming videos on YouTube have revealed that Minecraft is st... | Industry
Ad

See what games are coming out in 2015

Now - Visit our release calendar to see what games are coming out in 2015. | Promoted post
30°

Star Wars: Battlefront – Everything you Need to Know

23m ago - "The entire madness started in 2013 at E3, where EA showcased the first teaser trailer for Star W... | PC
10°

Review: The Legend of Zelda Majora's Mask 3D | Gamercafe

23m ago - In short, if you did not play Majora's Mask at the time, this is an excellent alternative, and in... | 3DS
40°

Mortal Kombat X Review | OnlySP

49m ago - Boasting a deep storyline that no other fighting game can match with infamous gameplay, Mortal Ko... | PC