Zynga recently filed a preliminary application for a gambling license in Nevada. We're not talking about gambling with Farmville credits, either. We're talking cold hard cash.

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Zynga shares tumbled nearly 13 percent in after-hours trading Thursday after the online game company and Facebook disclosed that they changed their relationship status to become less attached to each other.

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(Reuters) - Shares of gaming company Zynga Inc fell as much as 10 percent, a day after the "Farmville" creator reached an agreement with Facebook Inc that reduces its dependence on the social networking giant. The companies reported in regulatory filings on Thursday that they have reached an agreement to amend a 2010 deal that was widely seen as giving Zynga privileged status on the world's No.1 social network. ...

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Zynga's finance chief is leaving the troubled online game company to join Facebook.

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(Reuters) - Zynga Inc's quarterly revenue beat and its higher full-year earnings forecast show the embattled "FarmVille" creator may be on the path to recovery, analysts said, with at least one brokerage upgrading the company's stock. Shares of the company rose 18 percent to $2.50 in early trade on Thursday on the Nasdaq. Since going public at $10 per share last December, Zynga has lost over three-quarters of its market value as the company struggled with delays in launching new titles as older ones fell out of favor. ...

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SAN FRANCISCO (Reuters) - Zynga Inc raised the lower end of its 2012 earnings outlook after quarterly revenue beat Wall Street's rock-bottom expectations, driving its shares 13 percent higher. As pressure fell on the embattled "FarmVille" creator to show Wednesday that it has stabilized its spiraling business, the company assuaged investors with a series of minor announcements, from a new deal with British firm bwin.party to offer online real-money gambling in the United Kingdom to a $200 million share buyback plan that would lift its dismal share price. ...

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In all the noise created by today's Apple event, Zynga attempted to quietly lay off 100 people without anyone noticing. Kind of like a Friday afternoon news dump, but with new iPads. Unfortunately for them, it didn't work. 

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SAN FRANCISCO (Reuters) - Zynga Inc laid off 5 percent of its full-time workforce and shut its Boston office on Tuesday as it embarked on a sweeping cost-cutting campaign that may eventually see the "FarmVille" game creator close its Japanese and British studios as well. The company, which is trying to arrest a steep decline in earnings as users gradually migrate onto mobile devices or rival games, plans to "sunset" 13 unspecified older titles, Chief Executive Mark Pincus said in a staff memo on Tuesday that was published on the company blog. ...

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Zynga's stock rose 5 percent in premarket trading Wednesday after the online game company disclosed it was eliminating games, studios and jobs to cut costs.

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SAN FRANCISCO (Reuters) - Zynga Inc laid off 5 percent of its full-time workforce and shut its Boston office on Tuesday as it embarked on a sweeping cost-cutting campaign that may eventually see the "FarmVille" game creator close its Japanese and British studios as well. The company, which is trying to arrest a steep decline in earnings as users gradually migrate onto mobile devices or rival games, plans to "sunset" 13 unspecified older titles, Chief Executive Mark Pincus said in a staff memo on Tuesday that was published on the company blog. ...

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SAN FRANCISCO (Reuters) - Zynga Inc raised the lower end of its 2012 earnings outlook after quarterly revenue beat Wall Street's rock-bottom expectations, driving its shares 13 percent higher. As pressure fell on the embattled "FarmVille" creator to show Wednesday that it has stabilized its spiraling business, the company assuaged investors with a series of minor announcements, from a new deal with British firm bwin.party to offer online real-money gambling in the United Kingdom to a $200 million share buyback plan that would lift its dismal share price. ...

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In all the noise created by today's Apple event, Zynga attempted to quietly lay off 100 people without anyone noticing. Kind of like a Friday afternoon news dump, but with new iPads. Unfortunately for them, it didn't work. 

View the original article here

Investors, already expecting a third-quarter loss for online game company Zynga Inc. on Wednesday, will be looking for steps the company is taking to revive growth and cut costs.

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SAN FRANCISCO (Reuters) - Zynga Inc laid off 5 percent of its full-time workforce and shut its Boston office on Tuesday as it embarked on a sweeping cost-cutting campaign that may eventually see the "FarmVille" game creator close its Japanese and British studios as well. The company, which is trying to arrest a steep decline in earnings as users gradually migrate onto mobile devices or rival games, plans to "sunset" 13 unspecified older titles, Chief Executive Mark Pincus said in a staff memo on Tuesday that was published on the company blog. ...

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LET THE GOOD TIMES ROLL: Web game maker Zynga previewed some of its new games and unveiled a network designed to ensure its players have access to the same features whether they are competing on Facebook, mobile devices or the company's own website.

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SAN FRANCISCO (Reuters) - Zynga Inc unveiled a social network for gamers dubbed "Zynga with Friends" on Tuesday, hoping to wean itself from a longstanding, symbiotic relationship with Facebook Inc that has shaped two of Silicon Valley's closely watched Internet companies. ...

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Photo courtesy of All Things D.

Zynga CEO Marc Pincus sat in the Red Orthodontist Chair of Death at the D10 conference this morning. A lot of his conversation with All Thing D’s Kara Swisher was about his company’s recent stock offering and the Facebook IPO.

I know—stock talk at a Wall Street Journal conference? Impossible! (Maybe it’s me, or maybe it’s the fact that I am not allowed to invest in technology stocks, but I find technology stock talk to be a complete snooze. The products that regular people can buy and use are where it’s at.)

Anyway, I digress. Swisher and Pincus did end up talking about Zynga’s products and strategy. And while the company’s strategy in getting people to spend real money on putatively free games gives me the cold pricklies, you can’t deny its success.

Keep reading...

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Zombies stalked San Francisco streets on Thursday as social game maker Zynga ghoulishly introduced a game that lets iPhone or iPod Touch users slash and hack the undead.

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Facebook's tepid start as a publicly traded company dragged other social media and related stocks lower on Monday.

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Zombies stalked San Francisco streets on Thursday as social game maker Zynga ghoulishly introduced a game that lets iPhone or iPod Touch users slash and hack the undead.

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