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FarmVille News

  • Social game company post $4.1 million profit on revenue of $263.6 million for three-month period ended March 31; daily active users fall 21 percent to 52 million.
  • Former product manager sues Farmville studio, alleging social game company did not allow lower-level employees to sell stock following IPO.
  • Zynga CEO will draw $1 salary in 2013 Thumbnail
    Salary for top executive at social game studio reduced to $1, but rest of management team could earn millions thanks to new compensation program.
  • Zynga: Debate over originality is 'vastly overblown' Thumbnail
    General manager at social game studio responds to claims that Zynga copies competitors' ideas, says "all games are derived from other games."
  • Rush Hour director making FarmVille TV show Thumbnail
    Brett Ratner to produce half-hour animated television show based on Zynga's popular online game.
  • Zynga loses $209 million in 2012 Thumbnail
    Social game studio posts overall loss in past year; net revenue rises 12 percent to $1.28 billion.
  • Zynga CEO one of Bloomberg's 'worst CEOs of 2012'  Thumbnail
    Dartmouth College business school professor chooses five worst top executives in past year, naming Mark Pincus to the list.
  • Anonymous threatens Zynga Thumbnail
    Hacking group targets social gaming company for "outrageous treatment" of employees and developers; claims it will release confidential info Nov. 5 if demands are not met.
  • Zynga shuts down Boston studio, cuts 5 percent of total workforce Thumbnail
    Zynga chief Mark Pincus revealed that Zynga Boston will close; proposed closures of Zynga Japan and UK studios; total layoffs will amount to a 5 percent company-wide headcount dip.
  • Major layoffs at Zynga Thumbnail
    Social gaming studio possibly closes Austin, Texas-based branch, laying off 100 or more in the process; Chicago and Cambridge outfits also reportedly affected.
  • Zynga countersues EA Thumbnail
    Social gaming studio bites back at Battlefield publisher, calls copyright infringement lawsuit baseless; EA spokesperson describes countersuit as "predictable subterfuge."
  • Zynga loses another executive Thumbnail
    Three-year company veteran and CCO Mike Verdu leaves social gaming house; claims his departure is "not a function of anything else going on at the company."
  • Zynga stock tanks on quarterly results Thumbnail
    After-hours trading sees social giant shares drop as much as 40%, net second-quarter losses of $22.8 million despite growing revenue.
  • Zynga sets up shop outside of Facebook Thumbnail
    New cross-platform lobby, FarmVille 2, other social games announced at Unleashed event.
  • Zynga shares drop 10% Thumbnail
    Social gaming giant trading below $5 for first time after analyst report paints declining picture of Facebook gaming; NASDAQ temporarily halts short sales of stock.
  • Zynga hints at Xbox support Thumbnail
    Co-founder of social gaming house says company working on new cloud technology that could bring FarmVille, Words With Friends to Microsoft's console.
  • Zynga shares spike on Facebook IPO Thumbnail
    Casual game company sees stock price jump 33% this week after social network announces plans to go public.
  • Zynga losing $150 on every paid customer - Analyst Thumbnail
    Sterne Agee firm consultant says casual gamemaker spent more in last nine months to acquire customers than it made from them.
  • Analysts bullish on Zynga despite continued slide Thumbnail
    As social gaming company stock sheds another 5 percent, Wedbush and Lazard Capital Markets set $12 price target.
  • Angry Birds dev turns down Zynga $2.25B buyout offer - Report Thumbnail
    Rovio said to walk away from billion-dollar deal with FarmVille maker due to reputation of oppressive working conditions.

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