Embattled social gaming publisher Zynga (NASDAQ:ZNGA) announced the departures of three top-level executives, including Chief Operations Officer David Ko, as part of a organizational shakeup...
Groupon reported better-than-expected second-quarter sales, crediting its turnaround to the continued growth of its mobile commerce business: Close to half of the company's North American transactions are now completed on mobile devices, increasing from 30 percent in June 2012.
Facebook has hired former Motorola Mobility executive Gary Briggs as its first-ever chief marketing officer. Briggs replaces Facebook Vice President of Product Marketing Eric Antonow, who is leaving the social networking giant after spearheading its marketing efforts since 2010: A Facebook spokesperson told AdAge that Antonow will exit next month to pursue a project related to his interest in education.
Zynga has lost three high-ranking executives in the past month, increasing the number of top staffers who've ankled the struggling social gaming firm since its December 2011 initial public offering, Bloomberg reports.
Merchant Customer Exchange, the forthcoming nationwide mobile commerce network spearheaded by retailers including Walmart, Target, Best Buy and 7-Eleven, has named Dekkers Davidson as chief executive officer.
Roughly 18 months after Facebook acquired location-enabled mobile social network Gowalla, the startup's co-founder Josh Williams is resigning his post as Facebook's product manager for Pages, Location, and Events.
Square co-founder Tristan O'Tierney has left the fast-growing mobile payments startup, announcing his exit via Twitter.
Angry Birds creator Rovio Entertainment has named longtime Nokia executive Teemu Suila as its new chief operating officer.
Drew Larner is stepping down as CEO of streaming music services provider Rdio, Bloomberg reports. Larner is currently spearheading a search for his successor, and he plans to transition to the role of executive chairman once the new CEO is installed.
A day after Zynga announced plans to lay off 18 percent of its workforce, or 520 employees, one of those former staffers harshly criticized the social gaming firm's business strategy and culture in a Reddit "Ask Me Anything" question-and-answer session Tuesday.