When credible reports about Zynga’s upcoming IPO filing started flying this July, expectations for the social gaming giant’s value were running $15 billion to $20 billion. Now, with Zynga detailing the offering ahead of trading set to start December 15th, the actual offering price could value the company from $5.9 billion to $6.99 billion, or $7.6 billion to $8.9 billion including employee stock options.
The newest version of mega-popular game franchise Angry Birds isn’t a downloadable mobile app, but rather a web-based promotion built around California nut producer Wonderful Pistachios.
Guest Post Recently, we were proud to publicly unveil the private cloud computing infrastructure that we use to scale our social games — infrastructure that we internally (and affectionately) call zCloud. zCloud leverages both our internal infrastructure components and our public cloud partner, Amazon Web Services. This hybrid cloud, using private and public clouds in unison, allows us to scale our social games efficiently and effectively for our millions of daily players.
Social game maker Zynga is reportedly planning to go public on Dec. 15 at a valuation of $10 billion, according to a report by Reuters.
Owen Van Natta, the chief business officer at social game maker Zynga, is stepping down from that post and moving to a new role as a strategic advisor focused on major partnerships.
Social game maker Zynga formally launched CastleVille as part of its accelerated release schedule for games in advance of its planned initial public offering.
Social gaming giant Zynga has decided to list its shares on the tech-heavy NASDAQ stock exchange, according to a recent filing with the securities and exchange commission.
Amid a host other game announcements, Zynga unveiled its newest “Ville” game, CastleVille, at the Zynga Unleashed event this week. CastleVille certainly seems more ambitious than other games — it has better graphics than Zynga’s other titles and the soundtrack features a 75-person orchestra.
As annoying as it is to get Farmville requests from friends on Facebook, now there may be no way to escape the popular game: Farmville in talks to be made into a movie.
Game publishing company Electronic Arts‘ newest social game, The Sims Social, has passed social gaming supergiant Zynga’s Farmville and now has 36 million monthly active users just under a month after its launch, according to AppData.
Electronic Arts’ latest Facebook game, The Sims Social, has picked up more than 4.6 million daily active users after launching a week ago, according to AppData.
The Sims Social, a social gaming version of Electronic Arts’ incredibly popular life simulation franchise The Sims, is now live on Facebook.
Social games maker Zynga is launching an Oregon Trail-style adventure within its Frontierville Facebook game today.
Former Zynga general manager Jeremy Verba has left the company to become chief executive officer of dating site eHarmony after working at the social gaming company for 19 months, according to his LinkedIn profile.
Social gaming company Zynga today announced that it is bringing its mobile Scrabble-like game Words With Friends to Facebook.
[Updated: Facebook has made a statement about the filing.]
Social game maker Zynga has outed its minority investors, which stand to make some serious cash off the company’s upcoming $1 billion initial public offering, according to a recent filing with the Securities and Exchange Commission.
Here’s our roundup of the week’s tech business news. First, the most popular stories published by VentureBeat in the last seven days:
Social games maker Zynga, the developer behind smash hits like FarmVille and CityVille, has raised a total of $845 million in its four years of operation, according to its S-1 filing with the Securities and Exchange commission on Friday.
Social games maker Zynga, the developer behind smash hits like FarmVille and CityVille, filed for an initial public offering on Friday. It is one of the largest initial public offerings expected this year, alongside group-buying site Groupon.
Zynga, the game developer behind smash hits FarmVille and CityVille, is the most profitable Web 2.0 company that has filed to go public this year. If this year’s track record with IPOs is any indication, Zynga’s IPO could easily crush every other Web 2.0 company once it makes its debut.
Social games maker Zynga, the developer behind smash hits like FarmVille and CityVille, filed for an initial public offering today, according to a filing with the securities and exchange commission.
Social games maker Zynga, the developer behind smash hits like FarmVille and CityVille, filed for an initial public offering on Friday, according to a filing with the Securities and Exchange Commission.
[Update: a separate report from Bloomberg News also indicates that Zynga might file for an initial public offering tomorrow.]
Zynga’s Empires & Allies social game has grown to more than 39 million users in 25 days, topping the audience for the company’s huge hit FarmVille, according to market analyst AppData.
MindJolt, a social game company headed by MySpace co-founder Chris DeWolfe, has launched its first its first social gaming project built by a company it acquired in April.
MindJolt, the social game company headed by MySpace co-founder Chris DeWolfe, has added a mobile veteran to its staff in a move to expand to mobile social games.
Social game company Zynga on Thursday filed a lawsuit against fellow game company Vostu for blatant copyright infringement, suggesting that Vostu exists only to create and release copies of popular Zynga titles.
Social game maker Zynga is rumored to be headed toward filing for an initial public offering. So it’s not surprising the company is picking up the pace of its game launches. Today, the company is announcing CityVille Hometown for the iPhone.
Electronic Arts announced today that it is releasing a new social game for Facebook that is built off its popular life simulation game, The Sims. The company made the presentation at the Electronic Entertainment Expo today in Los Angeles, Calif.
Electronic Arts‘ No. 2 executive, John Schappert, has resigned from the company and will reportedly join Zynga.
Social gaming revenues hit $1 billion in 2010 and could grow five-fold to $5 billion in the next five years.
Hollywood and social games are forging an alliance as both pursue wider audiences. The latest link between the two is Zynga’s appointment of DreamWorks Animation chief executive Jeffrey Katezenberg to its board of directors.
Social game maker Zynga is rolling out the first major expansion for its uber-popular FarmVille game, which debuted back in June 2009 and has been played by hundreds of millions of Facebook users.
Lady Gaga made news in Silicon Valley last week by visiting Google and Twitter’s headquarters. Now she’s donating $1.5 million to Japan earthquake relief via Zynga’s funding campaign in its various social games. Part of that money is also separately going to the American Red Cross.
In one of its most important moves as a young company, Zynga is announcing today that it will launch a follow-up expansion to its wildly successful FarmVille game, which has had huge audiences for the past 20 months but now needs a makeover.
The $42 million investment in Angry Birds creator Rovio could be a watershed event for mobile games.
Here’s our roundup of the week’s top tech business news. First, the most popular stories that VentureBeat published in the last seven days:
Guest Post [Peter Yared is the vice president of apps at Webtrends, which acquired Transpond, a social-apps developer he founded.]
Women now play games more than men, according to a report by mobile app analytics provider Flurry. At least that’s true in the realm of mobile and mobile social games, where the likes of Zynga’s FarmVille and Popcap’s Plants vs. Zombies are at the forefront.