Zynga's Mark Pincus Is What's Wrong With Silicon Valley
Chasing after short-term profits in frivolous businesses has distracted tech entrepreneurs from the big idea. Full story
Chasing after short-term profits in frivolous businesses has distracted tech entrepreneurs from the big idea. Full story
SAN FRANCISCO (Reuters) - To get a sense of how investors view the promise of mobile gaming, one need look no further than Japan's GungHo Online Entertainment. With just one game under its belt, its stock has risen tenfold since October and its market cap almost equals that of decades-old Nintendo. Full story
Here's a look at several businesses forced to cut back after a period of hyper-growth. Full story
Or is this the beginning of the end for the social game maker? Full story
Zynga is showing how difficult it is to consistently turn profits in the mobile gaming sector. Industry analysts say steep job cuts will buy more time, but that the key to turning its fortunes around is landing the smash hits that, of late, have eluded the San Francisco company. Full story
SAN FRANCISCO (Reuters) - Zynga Inc announced on Monday its biggest ever round of layoffs and warned that bookings will be weaker than previously forecast, raising questions about the social game developer's attempt at a recovery as it struggles to retain players. Full story
A look at Zynga, Cheesecake Factory and Colgate-Palmolive before the 3 stocks report earnings, with CNBC's Herb Greenberg and Seema Mody.
CNBC's Julia Boorstin looks ahead to next week's big earnings reports, and says the market will be watching techs and blue chips, including Netflix, Apple, AT&T, Boeing, Proctor & Gamble, Exxon-Mobil and Zynga, among others.
CNBC's Julia Boorstin has the details on Zynga's gamble on internet gaming. And, Sean McGowan, Needham & Company, provides insight on the company's move into gambling and why it could become a "very important source of revenue".
Traditional game makers have come under heavy pressure from social gaming companies like Rovio and Zynga, reports CNBC's Julia Boorstin. The "Street Signs" crew discuss.
Zynga shares are up more than 9 percent on news that it's closing 4 of its offices, reports CNBC's Julia Boorstin.
Player avatars from Zynga's FarmVille 2 are seen on a stairway at the entrance to Zynga headquarters in San Francisco, California April 23, 2013. REUTERS/Robert Galbraith
Zynga senior player researcher Kevin Keeker talks to playtester Joshua Drake at the company's headquarters in San Francisco, California April 23, 2013. In the past twelve months, Zynga Inc has struggled with a contracting player base, a deflated stock price and waves of layoffs. Now it is coming to
Zynga senior player researcher Kevin Keeker gives instruction to playtester Joshua Drake at the company's headquarters in San Francisco, California April 23, 2013. In the past twelve months, Zynga Inc has struggled with a contracting player base, a deflated stock price and waves of layoffs. Now it