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Investors may not want to be so quick to wager on the social-gaming company succeeding.
NaturalMotion was founded in 2001 and is based out of Oxford, England. Zynga will be gaining 260 new employees from the acquisition. It's the maker of mobile games such as Clumsy Ninja and My Horse. The company has also developed animation
Flappy Bird has topped the charts of free mobile apps in the iOS and Google Play app stores. It is a silly free game, and that fact that it has climbed so high in the past week is a sign that we're all just a little nuts. But it's nice to see an
Zynga Inc will shed 15 percent of its workforce to slash costs and buy mobile game developer NaturalMotion for $527 million to refresh a stalled games pipeline, moves that sent its stock soaring 20 percent in after-hours trading. Chief Executive
Nasdaq 100 was up by 1.86% yesterday, recording the second highest positive change for the month. Facebook (FB) rose 14.1% on the back of strong growth prospects due to growth in mobile revenues, becoming the top tech gainer for the day. The company
In the past, I have written about big single-day stock moves and noted that they are great examples of how the stock market is not quite yet truly efficient. I have, in many cases, even called some of those big moves irrational price movements. Today,
The FarmVille and Words With Friends publisher revealed that it generated $176 million in revenue in the fourth quarter of 2013. That's down 43 percent from 2012, but it's better than what Wall Street thought the social-gaming company would report
The San Francisco, Calif., game maker said it would pay more than $527 million in cash and stock to buy NaturalMotion, a company that makes mobile videogames and animation technology. Zynga is reducing its head count by 15%, or 314 employees, with.
One Kings Lane is positioning itself to ride that wave it has raised a big ol' $112 million round of funding to fuel its growth and capture a bigger share of the market. One Kings Lane sells home goods through an ever-changing array of limited-time
Zynga wants to see if it can buy its way back into success on mobile. The social-gaming company that made its fortune on Facebook revealed a plan to acquire mobile studio NaturalMotion for $527 million in cash and equity. NaturalMotion is best known