Zynga's stock is rising in after-hours trading as a result of the better earnings and a stock buyback program.
Zynga has closed its Boston studio. Plans to close Zynga Japan and U.K., while Austin loses a significant portion of its staff.
The social-gaming company "preannounced" a slumping earnings report yesterday and is paying the price today.
Zynga disappoints once again in Q3.
Zynga confirmed it has brought aboard a real-money gambling executive to guide its way into online gambling.
Zynga has suffered a number of executive departures recently. The latest is Zynga's chief marketing officer, Jeff Karp.
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Zynga's exodus continues. Two more execs leave.
The loss of Mike Verdu is just the latest setback for the struggling social-game giant.
Kixeye recruits a general manager away from Zynga so he can make "real" games.
Social game giants plans to use this to keep employees around and on target, even as its stock price sinks downward.
Zynga had a bad quarter, but this does not mean that social gaming is completely and utterly collapsing.
Gree grew its Q2 revenues by 38 percent over Q1 in North America.
Beset by charges of copyright infringement and insider trading, the bad news keeps rolling in for Zynga as the social game company confirms the departure of chief operating office John Schappert.
Jim Veevaert has crossed over from making games like Halo 3 to Zynga's social games like Ruby Blast. He says he's never going back.
With the console market looking a little shaky and Facebook starting to slow down, mobile stands before the gaming industry as a potential savior.
Jens Begemann still believes in Facebook, but the CEO of Wooga is also expanding into mobile social games.
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The company's stock closed the day at $5.19, but it dropped, at one point, by 40 percent on news of the terrible earnings.
Zynga's first real-money online gaming game will likely launch outside the U.S. until other legal markets emerge.
