Weak second-quarter financial results for Zynga - and worse expectations for the rest of the year - pummeled its stock in after-hours trading Wednesday, David Streitfeld and Jenna Wortham report in Thursday's New York Times. The news was seen as boding ill for Facebook, which is closely tied to Zynga.
Zynga announced a new gaming platform that is intended to make it easier to play social games like FarmVille, Words With Friends and Mafia Wars, reports David Streitfeld on Friday in The New York Times. Read Post
When Facebook snapped up two small start-ups just days after buying Instagram, it was business as usual, Jenna Wortham reports in Monday's New York Times. Facebook buys small companies on a regular basis - almost two dozen over the ... Read Post