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Latest Zynga Inc. Items
Web game maker Zynga is trying to turn its digital playground into an even more entertaining place, working to prove wrong investors who doubt that it can build a long-lasting business.
There's no spelling required in Zynga's latest mobile game, "Matching With Friends."
Games for smartphones, tablet computers and Facebook are becoming essential for major video game companies even as the industry's largest U.S. trade show remains largely a showcase for their latest flashy console titles.
The lukewarm response to Facebook Inc.'s initial public offering sent shares of other social-media companies tumbling Friday.
Zynga CEO Mark Pincus received a compensation package valued at $1.7 million in 2011, most of it in the form of a home security system and related expenses.
Shares of Zynga Inc. declined further on Friday, even after the online game maker reported first-quarter results that surpassed Wall Street's expectations. Nervous investors are looking for any signs of a slowdown for the young company, which completed its initial public offering in December.
Online games company Zynga reported a net loss in the first quarter because of stock-compensation expenses, but adjusted earnings were better than Wall Street expected.
Online games company Zynga Inc. said Wednesday that CEO Mark Pincus and other insiders will sell some of their stake at $12 a share, slightly below Wednesday's closing price.
Zynga's CEO and other insiders at the online games company plan to sell 43 million shares of stock in a public offering that will boost the amount of stock available for general trading by 35 percent.