zynga

Updated: 2:09 p.m. PT: After months of cost-cutting and paring down, Zynga said it earned 1 cent per share on an adjusted basis in the fourth quarter as revenue fell 2 percent to $311.2 million. A year earlier, Zynga lost $1.12 a share in the same quarter.

The report was better than the consensus analyst estimate of a loss of 3 cents per share on revenue of $212 million. Zynga's GAAP earnings were 6 cents per share. The immediate reaction to the numbers in after-hours trading was a sharp surge in Zynga shares.

Zyna's … Read more

Zynga experienced quite the free fall in 2012. Wall Street watched as CEO Mark Pincus made business decisions that ate up Zynga's money, sent more than a dozen executives fleeing and left Zynga's stock down more than 80 percent by the year's end.

Wall Street is watching again today, as the social-gaming company releases its latest quarterly earnings. Last quarter, the company reported a loss of $52.7 million. Zynga has tried to pick up the pieces in recent months, cutting costs through layoffs and shuttering failing games.

The stock tumbled almost 4 percent yesterday -- $2.… Read more

Say goodbye to PetVille, FishFille, Mafia Wars 2, and a slew of other games from the folks at Zynga.

The video game studio has reluctantly pulled the plug on 11 of its gaming titles, as detailed by blog site TechCrunch.

The list of casualities encompass some of the company's most popular games, most of which were playable online through Facebook and a few that were available as iOS or Android apps.

Can't get all your friends together for a poker night? This free download will give you all the fun of Texas Hold 'Em with that signature Zynga addictiveness and social integration. Zynga Poker features a gorgeous layout that's easy to use, but the frequent in-game pop-ups and notifications might turn some people off.

If you know the Zynga name from its click-happy Facebook games, you either love it or hate it. This app won't change your mind one way or another. It will either become your new addiction or you'll avoid it on principle alone. When … Read more

Given the annus horribilis which was Zynga's 2012, it's understandable if Zynga's Mark Pincus can't wait until 2013 rolls around. Meanwhile, the hits just keep on coming -- the latest indignity being an annual list of the business world's lousiest CEOs where Pincus was rated the fourth worst corporate leader. No. 1 was Brian Dunn, who resigned in April from Best Buy, followed by Chesapeake Energy's Aubrey McClendon, and Avon's former boss Andrea Jung, who left her post in April.

The list, which began three years ago, was put out by Sydney Finkelstein, … Read more

When Zynga has a hot game, it knows exactly what to do: Make more versions of it.

The social-gaming company just announced the launch of Bubble Safari Ocean and Bubble Safari for mobile, two new arcade-style games based on Zynga's popular Facebook game Bubble Safari.

Bubble Safari Ocean is already live on Facebook, and Bubble Safari mobile is expected to be available in the Apple App Store later today.

"There's something oddly satisfying about popping bubbles," VP of Zynga games Tom Casey wrote in a blog post. "Maybe it's the sense of power and … Read more

Zynga is preparing to launch a new slots game, bringing even more attention to the social-gaming company's efforts to become a legit gambling destination.

Zynga touted the game, titled Zynga Elite Slots, this week, following news of the company preparing to set itself up for a gambling license in Nevada. Modeled after the computerized slot machines glittering inside the dark casinos of the Las Vegas Strip, Zynga Elite Slots doesn't use real money -- yet.

But don't ask the game's Austin, Texas-based design directors, Josh Gause and Nathan Ratcliffe, when that will happen. All they want … Read more

Wall Street and the gaming industry watched as Zynga, the social-gaming giant just starting its life as a public company, fell from glory this year. Although it's still the top dog in social gaming -- it boasts 300 million active players for its games, and its products remain Facebook's top games -- Zynga has had a year full of mistakes and misfortunes. The company spent $200 million of the $1 billion it made from its IPO buying game maker OMGPOP for its popular Draw Something game, only to watch the game's user numbers drop dramatically almost as … Read more

As patent spats continue to command much of the tech world's attention and corporate resources, a group of prominent companies is taking a stand against a practice it sees as hobbling innovation.

Google, Facebook, Zynga and five other tech giants filed an amicus brief with the U.S. State Court of Appeals for the Federal Circuit on Friday, asking the court to reject the patents central to a lawsuit between two financial institutions. CLS Bank has sued Alice Corp. for allegedly infringing on four patents covering a computerized method of having a third-party hold funds in escrow on behalf … Read more