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Zynga GALLERY.
Playtester Joshua Drake works on a game on a laptop computer at Zynga 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 terms with downsized ambitions. Picture taken April 23, 2013. To match Feature ZYNGA-FARMVILLE. Playtester Joshua Drake works on a
Zynga senior player researcher Kevin Keeker (R) 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 terms with downsized ambitions. Picture taken April 23, 2013. To match Feature ZYNGA-FARMVILLE. Zynga senior player researcher Kevi
The corporate logo for Zynga is seen on a screen at the Nasdaq Market Site in New York, in this December 16, 2011, file photo. Zynga Inc said on Wednesday the number of people playing its online games dropped dramatically in the first quarter, a development that overshadowed better-than-expected revenue figures and sent its stock tumbling in after-hours trade. The corporate logo for Zynga is see
A iPhone demonstration of GungHo Online Entertainment Inc's mobile online game Puzzle and Dragons is pictured at the company's offices in Tokyo April 10, 2013. The phenomenal success of the game has sent the company's shares up more than 1,000 percent since October, valuing the company at $4.4 billion - far more than better known rival Zynga's $2.7 billion market value. Picture taken April 10, 2013. To match KOREA-MOBILE/GAMES. A iPhone demonstration of GungHo On
Zynga CEO Mark Pincus speaks during the Zynga Unleashed event at the company's headquarters in San Francisco, California in this October 11, 2011 file photo. Pincus, has opted to receive an annual salary of just $1 this year and forgo all cash bonuses, the company said on April 4, 2013. Zynga CEO Mark Pincus speaks during
NEW YORK, NY - MARCH 04: (L-R) Ken Weber, Executive Director, Zynga. org, Michelle Byrd, Co-President, Games for Change, and Asi Burak, Co-President, Games for Change, attend Games For Change presents the launch of Half The Sky Movement: The Game at No. 8 on March 4, 2013 in New York City. NEW YORK, NY - MARCH 04: (L-R) Ken
Social games publisher Zynga Inc confirmed on Monday that it has carried out 11 of the planned shutdowns of 13 game titles, with Petville being the latest game on which it pulled the plug. Zynga in October said it would shut down 13 underperforming titles after warning that its revenues were slowing as gamers fled from its once-popular titles published on the Facebook platform in large numbers and sharply revised its full-year outlook. The San Francisco-based company announced the Petville shutdown two weeks ago on its Facebook page. All the 11 shutdowns occurred in December. The 11 titles shut down or closed to new players include role-playing game Mafia Wars 2, Vampire Wars, ForestVille and FishVille. [caption id=attachment_574754 align=alignleft width=380 Social games publisher Zynga Inc co
strongSan Fransisco: /strongZynga Inc's executive overseeing its key poker game has quit, hitting the gamemaker in a particularly vulnerable spot as it struggles with a steady employee exodus and falling revenue. The exit of former Zynga Poker General Manager Laurence Lo Toney, announced on Toney's LinkedIn profile on Monday and confirmed by emAllThingsD/em, comes as the company has been talking up real-money gambling as a growth opportunity worth billions of dollars in annual revenue. Zynga still boasts the world's most popular poker game, even as its revenue has drooped with the flight of users from casual Facebook games such as FarmVille and CityVille. [caption id=attachment_484139 align=alignleft width=380 strongSan Fransisco: /strongZynga I
A man holds an iPhone as he visits Sina's Weibo microblogging site in Shanghai in this May 29, 2012 file photograph. Digitally created items for games and social media - from beers on Facebook to weapons in role-playing worlds - have grown into a $15 billion globe-spanning business. They helped generate the likes of Zynga Inc and underpin a fast-expanding online-gaming industry. To match Feature ZYNGA-VIRTUALGOODS. A man holds an iPhone as he visits
Zynga Chief Mobile Officer David Ko speaks during the Zynga Unleashed event at the company's headquarters in San Francisco, California in this June 26, 2012 file photograph. Digitally created items for games and social media - from beers on Facebook to weapons in role-playing worlds - have grown into a $15 billion globe-spanning business. They helped generate the likes of Zynga Inc and underpin a fast-expanding online-gaming industry. To match Feature ZYNGA-VIRTUALGOODS. Zynga Chief Mobile Officer David Ko
The loading screen of the Facebook application on a mobile phone is seen in this file photo illustration taken in Lavigny May 16, 2012. Digitally created items for games and social media - from beers on Facebook to weapons in role-playing worlds - have grown into a $15 billion globe-spanning business. They helped generate the likes of Zynga Inc and underpin a fast-expanding online-gaming industry. To match Feature ZYNGA-VIRTUALGOODS. The loading screen of the Facebook
strongSan Fransisco: /strongZynga Inc will acquire A Bit Lucky, a digital gaming studio known for Facebook-based titles like Lucky Train. Terms of the deal, announced on Monday, were not disclosed. Zynga said more than 20 A Bit Lucky employees, currently based in San Mateo, California, will join Zynga's San Francisco division. The acquisition reflects Zynga's shift toward so-called mid-core offerings - titles that sit between highly produced, packaged games and relatively basic casual games like emWords with Friends/em andem FarmVille/em that for years have been the bread and butter of Zynga's business. [caption id=attachment_459799 align=alignleft width=380 strongSan Fransisco: /strongZynga I
This undated image provided by Zynga shows a screenshot of Farmville 2, announced on Wednesday, Sept. 5, 2012. Not Long ago, online games company Zynga looked on pace to unseat much bigger, well-established rivals as it rode the popularity of This undated image provided by Zyng
COMMERCIAL IMAGE - Jennifer Morrison, of AKAthewife.com, Kailee Adams, of PreciousCargoBakery.com, and Amanda Kaltenbaugh, of OneMommaSavingMoney. blogspot.com, left to right, play Zynga's Words With Friends game from Hasbro at a Hasbro cocktail party for bloggers in New York, Friday, Aug. 3, 2012. Hasbro is working with Zynga to bring CityVille, FarmVille and Words With Friends to life this fall, transforming the popular social games into face-to-face play experiences. COMMERCIAL IMAGE - Jennifer Morriso
strongSan Fransisco:/strong Game provider Zynga Inc slashed its 2012 outlook and quarterly results badly missed Wall Street targets, sending its stock plunging 35 percent and casting a chill over Facebook Inc on the eve of the social network's inaugural results. Investors now fear a larger-than-expected hit to Facebook's earnings, which relies on the FarmVille creators for about 15 percent of its revenue. Shares in the No. 1 social network, which has yet to regain investor confidence since its botched May IPO, slid more than 7 percent to a new low of $27 in after-hours trading. Blaming its poor performance on a steep drop-off in players for its core Facebook money-makers, Zynga took an axe to its earnings forecasts, predicting 4 to 9 cents a share, down from a previous 23 to 29 cents. Zynga shares tumbled to a record low of $3.00 after the bell. That dim outlook highlights how dramatically the fortunes of consumer Internet stocks have turned in the past year. Zynga was among a bevy of hot tech prospects going public in 2011 on the back of a renewed dot-com mania gripping Wall Street. But since its December IPO at $10 a share, Zynga has shed almost 70 percent of its value while peers like Groupon Inc and Facebook are down 65 percent and 29 percent, respectively. The quarter is a disaster, said Sterne Agee analyst Arvind Bhatia. [caption id=attachment_391669 align=alignleft width=380 strongSan Fransisco:/strong Game pr
The corporate logo of Zynga Inc, the social network game development company, is shown at its headquarters in San Francisco in this April 26, 2012 file photo. Game provider Zynga Inc slashed its 2012 outlook and quarterly results badly missed Wall Street targets, sending its stock plunging 35 percent and casting a chill over Facebook Inc on the eve of the social network's inaugural results. The corporate logo of Zynga Inc, th
The sun rises behind the entrance sign to Facebook headquarters in Menlo Park before the company's IPO launch in this May 18, 2012 file photo. Game provider Zynga Inc slashed its 2012 outlook and quarterly results badly missed Wall Street targets, sending its stock plunging 35 percent and casting a chill over Facebook Inc on the eve of the social network's inaugural results. The sun rises behind the entrance s
Some of Zynga's most sophisticated games, including FarmVille, generate greater revenue per user on smartphones than on Facebook's Web-based platform, the company's chief executive, Mark Pincus, said Wednesday. Some of Zynga's deeper-engagement games -- titles like FarmVille that falls into what the company calls its invest-and-express category -- successfully generate revenues from smartphone users because of their mobile format as well as gamers' demographics, Pincus said. On mobile they actually monetize higher than on the Web, Pincus said. The comments came at a technology industry conference hosted by Fortune Magazine, where Pincus fielded questions about Zynga's sagging stock price and its closely watched mobile strategy. Zynga shares traded at $4.61 on mid-day Wednesday; the shares are down by more than 50 percent since going public at $10 a share last December. The company, which makes 92 percent of its income from games on Facebook, has made a major push in recent months to expand its mobile offerings and lessen its dependence on the world's largest social network. [caption id=attachment_382951 align=alignleft width=380 Some of Zynga's most sophisticated
Internet entrepreneur and Zynga CEO Mark Pincus attends the Allen & Co Media Conference in Sun Valley, Idaho July 12, 2012. Internet entrepreneur and Zynga CEO
SUN VALLEY, ID - JULY 11: Mark Pincus, CEO of Zynga, attends Allen & Company's Sun Valley Conference on July 11, 2011 in Sun Valley, Idaho. Since 1983, the investment firm Allen & Company has annually hosted the media and technology conference which is usually attended by powerful media executives. SUN VALLEY, ID - JULY 11: Mark Pinc
Zynga, the developers of the immensely popular Facebook games Farmville and Cityville, have said that they are not ready to make a foray into developing games for mobile platforms. Speaking at an industry conference in San Francisco, company CEO Mark Pincus had said he was held back by some unresolved questions over the still-maturing mobile platform, such as whether the Adobe Air and HTML5 technologies will become accepted standards. a href=http://techcircle.vccircle.com/500/after-farmville-success-zynga-not-ready-to-plunge-into-mobile/ target=_blankAccording to this report in techcircle.in/a, Pincus had said, We're at the point where it's obvious that we all should be investing heavily. But I don't think we have that all-in confident moment. The flywheel isn't there in an obvious way. [caption id=attachment_374310 align=alignleft width=380 Zynga, the developers of the immens
Zynga CEO Mark Pincus arrives with unidentified woman at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, Wednesday, July 11, 2012. Zynga CEO Mark Pincus arrives with
SUN VALLEY, ID - JULY 10: David Wehner, CFO of Zynga Inc., arrives for the Allen & Company Sun Valley Conference on July 10, 2012 in Sun Valley, Idaho. Warren Buffett, Bill Gates and Mark Zuckerberg have been invited to attend the conference which begins Tuesday. SUN VALLEY, ID - JULY 10: David We
Zynga CEO Mark Pincus talks as a picture of himself as a teenager game player is shown during at an announcement at Zynga headquarters in San Francisco.AP Zynga CEO Mark Pincus talks as a pi
Kostadis Roussos, chief engineer of Zynga, speaks during the Zynga Unleashed event at the company's headquarters in San Francisco, California June 26, 2012. Kostadis Roussos, chief engineer of
Zynga Senior Vice President of Product Development Mark Skaggs speaks during the Zynga Unleashed event at the company's headquarters in San Francisco, California June 26, 2012. Zynga Senior Vice President of Prod
Jesse Janosov, vice president and general manager of Zynga Casino, speaks during the Zynga Unleashed event at the company's headquarters in San Francisco, California June 26, 2012. Jesse Janosov, vice president and g
A man carries a cat through a tunnel before the Zynga Unleashed event at the company's headquarters in San Francisco, California June 26, 2012. A man carries a cat through a tunne
Zynga Chief Mobile Officer David Ko speaks during the Zynga Unleashed event at the company's headquarters in San Francisco, California June 26, 2012. Zynga Chief Mobile Officer David Ko
Zynga General Manager Manuel Bronstein speaks during the Zynga Unleashed event at the company's headquarters in San Francisco, California June 26, 2012. Zynga General Manager Manuel Bronst