Search Results for: Zynga

Depopulated social network Google+ is shuttering its games service.

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Social and mobile publisher Gree has confirmed a series of lay-offs, with reports suggesting as many as 30 staff were made redundant.

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Zynga’s non-profit arm has announced it will invest $1 million into educational game developers in partnership with the NewSchools Venture Fund. It is hoped the fund will help entrepreneurs create new interactive education projects.

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Facebook gaming showed positive growth in the first quarter, but long term partner Zynga wasn’t a contributor to this success.

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Zynga COO Dan Ko has spoken about the company’s decision to axe several of its games, as a way of re-aligning its focus, resources and profit-making potential moving forward.

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Zynga, who acquired OMGPOP last year, have confirmed that Draw Something 2 is now available in the US for iOS devices. The sequel will feature a live social feed, player’s own gallery, a Free Draw mode that allows players to draw whatever they desire and share it with friends, new drawing tools and many new words.

Thanks to Polygon, who report the news was initially announced by Zynga CEO Mark Pincus during an investor call. The game is already available on iOS in Sweden (where it costs 22 kronor) and Canada (CA$2.99).

Zynga reported its Q1 earnings today, posting net income of $4.1 million compared to the $85.4 million loss the prior year. Still, not all is rosy in social gamesville, as sale fell 18% to $264 million.

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Brenna is never, ever going to give PopCap any money for Solitaire Blitz, and has no idea if this makes her part of the problem, or the solution.

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Splash Damage’s Paul Wedgwood has been added to the F2P Summit speaker line up.

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UK-based station Channel 4 has announced a new gameshow called “Draw It!” which has been created in collaboration with Draw Something owners Zynga. The show will adapt the format of the app and will see two teams battling for cash prizes

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According to a new report from investment bank Digi-Capital, as harvested by GamesIndustry, the games industry saw record consolidation in 2012, with total merger and acquisition spending reaching $4.2 billion. Interestingly, there were 26% fewer deals in 2012 than 2011, but a handful of really big ones sent the tally climbing sky high – think Nexon’s 15% purchase of NCsoft for $685 million; and Sony’s $380 million Gaikai acquisition. Many of the deals originated in China and Korea. Unfortunately, external investment figures were down – Digi-Capital suggests Zynga’s huge IPO and subsequent crash has scared venture capitalists off the games industry.

One Zynga shareholder and former employee has filed suit against the social publisher, claiming lower-level staff and general investors were blocked form selling stock while executives made a packet doing just that.

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Zynga has reportedly shaken up its bonus and salary schemes in a bid to keep executives from jumping ship, following recent top tier departures such as OMGPop founder Dan Porter. In some cases execs will see wages doubled.

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ZyngaPlusPoker and ZyngaPlusCasino will launch in the UK on April 3. GamesIndustry reports the two apps, the first of Zynga’s real-money gambling efforts, will be available for web and as downloadable clients, with Facebook and mobile versions also touted. Zynga is also pushing for real-money gambling games in the US, and the move is sort of the great white hope for the social and casual publisher since its Facebook revenue began drying up.

OMGpop founder and Zynga New York head Dan Porter is leaving the company as is to be replaced by vice president of mobile, Sean Kelly. Porter came on board when Zynga purchased his Draw Sopmtheing studio for$180 million, and his tenure has a few controversial moments: one of which was an open letter regarding claims that the studio copies other studio’s titles. Porter claimed every studio copies another and Zynga wasn’t exempt.

Team Chaos is the new development studio founded by former Zynga Austin vice president and general manager Andrew Busey. Paired up with Chaotic Moon Studios, Busey and his colleagues have formed Team Chaos, and the studio has debuted with free-to-play iOS card game Elements: Broken Lands. It’s out now.

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Navigating the mobile gaming universe can be a nightmare, because, well, there are a whole lot of those games. I play 5-10 new ones every week, in fact, but at the same time it’s rare that a new game will break into the top overall downloads chart. And Atari founder Nolan Bushnell tells All Things D that an environment like that will burn out developers.

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Some shakeups in the executive quarters of social game giant Zynga this week, as it has announced that its chief information officer for the past two years, Debra Chrapaty, is leaving the company to go work with Nirvanix, a cloud storage company. She will be replaced by Dorion Carroll, who was already a Zynga executive. Zynga has also apparently hired a new vice president of finance, and that person is Atul Bragga, formerly an online and games analyst with Lazard Capital Markets.

Thanks, GI International

Well well well, what have we here? Zynga has relaunched its online gaming portal and removed a requirement to login via Facebook. You can still use your social network ID if you like, but its yet another sign of the casual, mobile and social publisher’s decreasing reliance on Facebook. Reuters reports the relaunch hasn’t impressed investors much; stock climbed just 1% to $3.38 after hours.

Thanks, Joystiq.

Zynga has produced a follow-up to last year’s three-month wonder, Draw Something. Unusually, it didn’t bother with a press release, instead just handing the game over to American Idol host Ryan Seacrest, who tweeted about it. No release details have been shared yet; we may have to wait for Seacrest’s Draw Something tv game show (I know, I know) to surface before the press blitz begins.

Thanks, Eurogamer.