Zynga gives stock options to prevent 'mass exodus'
Zynga has reportedly given stock options to all full-time employees as a preventive measure for workforce losses.
New to Shacknews? Signup for a Free Account
Already have an account? Login Now
Zynga has reportedly given stock options to all full-time employees as a preventive measure for workforce losses.
Indie darling Fez could have made an appearance on mobile devices, developer Polytron claims.
Zynga Chief Operating Officer John Schappert has left the company, after a recent corporate restructuring stripped him of day-to-day responsibilities.
Electronic Arts has filed a lawsuit against Zynga "on behalf of Maxis." EA claims that Zynga's newly released social game, The Ville, copies "original and distinctive expressive elements of The Sims Social in a clear violation of the US copyright laws."
Law firm Newman Ferrara is the first to go after the social gaming company, with others expected to follow. At the heart of the lawsuit is a trading "lockup" that prevented regular employees from selling their shares.
A few Zynga insiders have made quite a pretty penny despite this week's stock crash, including CEO Marc Pincus. Concerns about insider trading have a law firm investigating.
Once a media and investment darling, social gaming giant Zynga is coming on hard times. The company released its second quarter earnings, causing the stock to plummet as much as 40% in after-hours trading.
Today, one of the world's biggest game publishers announced not one, but three extensions of one of the biggest gaming franchises ever. Yep, we're getting a whole lot of Ville games from Zynga.
CBS has reportedly won a bidding war for the rights to make a Draw Something game show pilot, to premiere sometime in 2013.
EA CEO John Riccitiello says his company is a "distant" second in social games, but claims that some social companies are more focused on data mining than crafting fun experiences.