Featured Articles

Intel refreshes CPU roadmap

Intel refreshes CPU roadmap

Intel has revealed an update to its CPU roadmap and some things have changed in 2015 and beyond. Let’s start with the…

More...
Hands on: Nvidia Shield Tablet with Android 5.0

Hands on: Nvidia Shield Tablet with Android 5.0

We broke the news of Nvidia's ambitious gaming tablet plans back in May and now the Shield tablet got a bit…

More...
Nokia N1 Android tablet ships in Q1 2015

Nokia N1 Android tablet ships in Q1 2015

Nokia has announced its first Android tablet and when we say Nokia, we don’t mean Microsoft. The Nokia N1 was designed…

More...
Marvell launches octa-core 64-bit PXA1936

Marvell launches octa-core 64-bit PXA1936

Marvell is better known for its storage controllers, but the company doesn’t want to give up on the smartphone and…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 26 July 2013 10:26

Zynga abandons lifeline

Written by Nick Farrell

Real-money gaming not the way forward

Zynga is abandoning its long-running efforts to build a real-money gaming business in the United States. The move will hack off investors who thought that this was the company’s best bet and its only lifeline.

The "FarmVille" and "Words with Friends" maker has reported that it lost 40 percent of its monthly active users in the second quarter. In his first public comments since replacing founder Mark Pincus as chief executive on July 1, Don Mattrick told Wall Street analysts that he needed at least three months to thoroughly review Zynga's cunning plans.

He intended to take the company "back to basics" with an emphasis on free-to-play games on Apple's iOS and Google's Android mobile devices, as well as tried-and-true franchises like FarmVille, Mattrick said. 

Mattrick, who has chosen a new desk in the middle of the FarmVille team at Zynga's San Francisco headquarters, warned investors of two to four quarters of volatility in the company's performance before it could "reset" its business.

blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments