zynga

Game publisher Take-Two Interactive recently released its yearly earnings report. In this report, the company shared projections for the coming years. It included projections for fiscal years 2025 and 2026. For the uninitiated, the fiscal year 2025 will start in April of 2024. According to several publications, Take-Two Interactive may have teased the release window for its next titles along with the earnings report. These titles also include the publishers’ next entry in one of the biggest gaming franchises of all time,…

The dating app needs more women and Gen-Z users to swipe right in order to revive growth. Success is far from guaranteed. Tinder is in a rut. Match Group Inc., parent company of the decade-old casual-dating juggernaut, was one of the worst performers on the S&P 500 last year, plunging almost 70% as investors fretted that the app is losing its mojo. Tinder contributes more than half of Match's revenue, but downloads have declined since 2020 and paid user growth has slowed. Attracting and retaining Gen Z and women…

GM. It's Crypto Player One, the first and only daily newsletter on crypto gaming.Today, we are coming fresh with: Daily Trivia. Founder of Zynga talks web3 gaming. In Other News. Daily Trivia What is the highest grand prize in an esports event? Scroll down to find out the answer.Zynga's Founder Talks Crypto Gaming Mark Pincus founded Zynga back in 2007. And he sold it a few months ago for a whopping $12.7 billion.Well done, Mark.Last week, he discussed blockchain gaming at length.Here are the best bits: Blockchain…

The Wisk 6th generation aircraft continues from the 5th generation “Cora” design but expands the cabin and replaces wheels with skies, meaning any takeoff needs to be done VTOL-style.Photo: WiskThe famed Kittyhawk air taxi company is no more, but one of the initiatives spawned from its failed attempts to create quiet, fast, and cheap air taxis has a new design that a new company says may be thebest chance yet to see big yellow school buses buzzing overhead.On Monday, air taxi company Wisk showed off the first details for…

Mark Zuckerberg, chairman and CEO of Facebook, speaks in 2016 at the CEO summit during the annual Asia Pacific Economic Cooperation (APEC) forum in Lima, Peru. Photo: Andrew Harnik (AP)While news of Mark Zuckerberg’s appearance on the Joe Rogan Experience was making the rounds Friday night, eventually trending on Twitter, attorneys at his company were preparing to settle one of the biggest lawsuits he’s ever faced —ignited by one of the biggest controversies it’s ever caused.Court filings show that, at least in…

Match Group’s chief announced the company’s breakup with Tinder CEO Renate Nyborg in one sentence.Illustration: Joe Raedle (Getty Images)Apparently, even Tinder has problems with long-term relationships and commitment. After dropping lackluster financial results that erased a fifth of its market value on Wednesday, Match Group, the flame app’s parent company, announced that it was parting ways with its CEO after less than a year. It also said it would dump plans to launch “Tinder Coins,” a virtual currency that aimed to…

Take-Two Interactive, maker of Grand Theft Auto and Red Dead Redemption, is buying Zynga, maker of FarmVille and Words With Friends, in a cash-and-stock deal with an enterprise value of about $12.7 billion (roughly Rs. 94,030 crore).Zynga shareholders will receive $3.50 (roughly Rs. 260) in cash and $6.36 (roughly Rs. 470) in shares of Take-Two common stock for each share of Zynga outstanding stock at closing.Take-Two said Monday it anticipates $100 million (roughly Rs. 740 crore) in annual cost savings.The deal is…

Take-Two Interactive, the video game publisher that owns Rockstar, 2K, and Private Division, has completed its acquisition of Zynga, the mobile game developer behind the popular Facebook game FarmVille. On January 10, Take-Two announced it was going to acquire Zynga for $12.7 billion in its effort to expand to the mobile gaming market. On Monday, the company closed the deal without a hitch, successfully merging its gaming library with Zynga’s entire library of mobile games that have been downloaded more than 4…

Take-Two has officially completed its $12.7 billion deal for social game developer Zynga, the two companies announced Monday. With the acquisition, Take-Two not only takes ownership of big Zynga franchises like FarmVille but also gets access to Zynga’s expertise building hugely popular free-to-play mobile games. Many notable game studios have invested heavily into mobile, and some of the biggest titles have proven to be absolutely massive revenue drivers. For example, Activision’s Call of Duty: Mobile, which launched…

After kicking off 2022 with two mega acquisitions, the video gaming sector is racing to a new record of $150 billion (roughly Rs. 11,18,080 crore) in deals, financing and IPOs this year, according to investment banking firm Drake Star Partners.In just the first few weeks of 2022, Microsoft pitched nearly $70 billion (roughly Rs. 11,18,080 crore) for Activision Blizzard and Take-Two Interactive bid $11 billion (roughly Rs. 81,940 crore) for Zynga.That has helped the total value of deals this year already near 2020's record…