Latest Headlines

Latest Headlines

News Scan: Analyst to BlackBerry: 'Be Hyundai'; Smart companies will embrace mobile BI in 2014; more

Quick takes on mobile IT news for Friday, 12/20 including: a Wedge Partners analyst's advice to BlackBerry on adjusting "tiers," another analyst's predictions for the fate of companies that strive to develop mobile BI, developers' change of focus from HTML5 to social media, U.K. plans for a universal charger and the growing trend of investments in mobile app vendors.

Zynga COO David Ko exits after latest management shakeup

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...

Report: Zynga refuses to sell OMGPOP assets to former team

Zynga has finalized plans to shut down OMGPOP.com, the gaming portal behind the hit  Draw Something, which it acquired for $180 million in early 2012. But multiple sources told  TechCrunch  that Zynga has rejected offers from former OMGPOP staffers seeking to buy back the site, games and related intellectual properties.

Zynga loses 3 more top execs after disastrous Q2

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.

Zynga quits real-money gaming in U.S., reports dismal Q2

Social gaming company Zynga said it won't pursue a license for real-money gaming in the United States, and will instead refocus on its existing free-to-play social gaming business. The action appears to be one of the first strategic decisions by Don Mattrick, who took over Zynga's CEO position from longtime chief Mark Pincus earlier this month.

Kabam valuation hits $700M after employee stock sale

Social gaming firm Kabam said it is now worth $700 million based on a recent private transaction enabling staffers to sell $38.5 million of common stock.

Zynga CEO Pincus steps down, will be replaced by Microsoft Xbox Chief Don Mattrick

Zynga CEO Mark Pincus confirmed that he will step down from his position and will be replaced by Don Mattrick, previously head of Microsoft's Xbox business.

Report: 'Candy Crush Saga' maker King.com readying IPO

Midasplayer International Holding Co., a.k.a. King.com--the publisher behind mobile and online games including the blockbuster  Candy Crush Saga--has hired banks to explore a U.S. initial public offering, sources familiar with the move told  The Wall Street Journal.

Ex-Zynga staffer torches firm's business strategy in Reddit talk

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.

Zynga guts 18% of staff, shutters offices

Zynga is laying off 18 percent of its workforce, or 520 employees, by August. The gaming company is also closing its offices in New York, Los Angeles and Dallas, reported  All Things D. In all, the cuts are expected to save the company an estimated $70 to $80 million.