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Posts Tagged ‘Zynga’

Google+ Games Could Be In The Works

Published by pratyushkp on July 2nd, 2011 - in Social, Technology

Image via Wikipedia

Several features of Google‘s new social network are quite similar to Facebook features, and rumor has it that the two will become even more similar with time.

According to Engadget, Google Plus’s source code reveals that a social gaming network may be in the works.

Facebook has had major success with social games like Farmville and Mafia Wars, and it’s likely that Google will take a cue from its biggest competitor in the social space.

In 2010, Google invested over $100 million into Zynga, the social gaming giant that has enjoyed staggering profits from its partnership with Facebook. Engadget predicts that Google’s payoff for that investment may well come in the form of Google+ Games. Zynga is expected to make its initial public offering any day now.

Click to Read More Google+ Games Could Be In The Works (…)

Tags: Engadget, facebook, Facebook Credits, FarmVille, google, Initial public offering, mafia wars, Quora, Source code, Zynga

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Zynga IPO: Social Gaming Company Files S-1 With The SEC

Published by pratyushkp on July 2nd, 2011 - in Social, Technology

Image via CrunchBase

Social gaming giant Zynga is going public.

The San Francisco-based company has just filed its S-1 with the SEC.

“The number of shares to be offered and the price range for the offering have not yet been determined,” according to a press release from Zynga. “A portion of the shares will be issued and sold by Zynga, and a portion will be sold by certain stockholders of Zynga.”

Click to Read More Zynga IPO: Social Gaming Company Files S-1 With The SEC (…)

Tags: Allen & Company, Barclays Capital, CityVille, FarmVille, Goldman Sachs, Initial public offering, Morgan Stanley, San Francisco, TechCrunch, Zynga

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Myspace Has Just One Bidder

Published by pratyushkp on June 10th, 2011 - in Social, Technology

Image via CrunchBase

The tragic tale of once successful Myspace may finally come to an end.

According to All Things Digital, an investing group including Activision Chairman Bobby Kotick is in final talks to take over the site. ATD adds that Myspace owner NewsCorp is likely to hold onto about 20 percent of the site.

However, sources close to the deal also warned that it has not yet been finalized and could still fall apart.

News Corp paid $580 million for Myspace back in 2005, but the site has tanked since Facebook‘s rise, even with an attempted makeover into an entertainment hub. Recent numbers have shown traffic in steep decline.

Still, the most current reports said that News Corp was hoping to get at least $100 million by selling off the Myspace. Sources indicate that these numbers will not be met.

Since News Corp announced that the site was open for takeover, companies including Vevo, Zynga, and a few others were rumored to have been interested. These deals have not worked out, according to ATD.

Source -: http://www.huffingtonpost.com

Exclusive: Myspace in Advanced Deal Talks With Investor Group, Possibly Including Activision’s Kotick (allthingsd.com)
Activision’s Bobby Kotick is asked to join investor group pursuing Myspace (latimesblogs.latimes.com)
Sad MySpace Has Just One Bidder [Deathwatch] (gawker.com)
Turn The Lights Out, MySpace, The Party’s Over (pcworld.com)
What’s Up With MySpace (And Why Isn’t Yahoo Interested?) (paidcontent.org)
Kotick-led investor group to buy controlling stake in Myspace (thenextweb.com)

Tags: Activision, All Things Digital, CrunchBase, facebook, myspace, News Corporation, Robert Kotick, social network, Vevo, Zynga

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‘The Sims’ Facebook Game App Announced At E3 2011

Published by pratyushkp on June 8th, 2011 - in Social, Technology

Image via Wikipedia

Wish you could be on Facebook both as yourself and as a virtual avatar version of yourself? Good news: here come “The Sims.”

EA will launch “The Sims Social” for Facebook as an extension of the popular Sims franchise. According to Mashable, a Facebook page for the game is already up, though no information has yet been released about when we can expect the game to go live.

“The Sims Social” will let users create avatars to interact with other Facebook users. There will also be a mobile app to accompany the game.

The Sims first launched back in 2000 and has since sold over 140 million units worldwide. In the game, users can play the part of virtual characters who interact with each other, get jobs, have babies and die.

EA’s new release would pit them against social game powerhouse Zynga, which dominates Facebook with popular games like Farmville and Mafia Wars.

Over 800 people have already reviewed the app on Facebook, despite the fact that it is not yet active. 900 users have also Like the games page on Facebook.

Source :- http://www.huffingtonpost.com

The Sims Are Coming to Facebook (mashable.com)
The Sims Social: Yup, The Sims is finally coming to Facebook (games.com)
EA debuts a Sims social game (venturebeat.com)
EA’s Sims Studio & Playfish Bring The Sims to Facebook in The Sims Social (insidesocialgames.com)
The Sims creator Will Wright is making a Facebook game, and it’s not SimCity (games.com)
E3 2011: EA unveils strong games roster (guardian.co.uk)