» New kids in the ‘Ville: Zynga, the social gaming company made ubiquitous by Facebook, wrapped up some pivotal unveilings and announcements today. Three new games are in the offering (The Ville, ChefVille, and FarmVille 2), which means you may soon have a whole new slew of spam notifications to ignore. They’re also launching a new gaming network, “Zynga With Friends,” shoring up mobile compatibility which was blamed for their flagging stock value (down roughly one-third of it’s value since the company went public late last year). Of course, news about Zynga is never just news about Zynga — when Facebook filed their legally-required list of potential company-threatening weaknesses with the SEC, in preparation for their IPO, they revealed that Zynga accounts for 12% of their revenue.
»The halt comes less than a month after Nasdaq officials had to stop all trading of Zynga stock, when investors began dumping their share thanks to new fear generated by the Facebook IPO slide. To make matters worse, Zynga saw an 8.2 percent reduction in active users last month. So, do you think the company will be able to bounce back?
We have a ton of things we want to accomplish here and working for some conglomerate or having bean-counting investors breathing down our necks simply isn’t the way for us to achieve them.Taptaptap founder John Casasanta • In a statement released via the Camera+ developer’s blog, announcing that the popular camera replacement app had sold its 8 millionth copy. In a new profile on TheNextWeb, Casasanta revealed that his company has declined acquisition offers from some of the biggest names in tech, including Google, Twitter, Adobe, and Zynga. He says that, since Facebook acquired Instagram, the offers for his company have continued to grow both in size and frequency; however, the development studio simply values its independence too much to turn its direction over to the whim of investors. source (via • follow)
» Portfolio includes Facebook, Skype, Instagram, Zynga: Netscape co-founder Marc Andreessen’s Andreessen Horowitz, which in just three years has become one of Silicon Valley’s best-known venture capital firms, plans to take some of its expected future profits and put them to the good of the world at large. While the firm isn’t at the point where it has massive profits yet, considering it’s had at least two major buyouts already — Skype to Microsoft and Instagram to Facebook — their track record is looking solid and the end result of the firm’s work could mean tens of millions going to charity, at least. The six partners don’t have a set timetable or preferred non-profits in mind, but we suggest the one that made this video as a starting point.
Yet another reason we wish the internet was the real world. Remember when Facebook announced that it might, maybe, potentially, could see itself having an IPO in 2012? Well, Zynga, perhaps the biggest beneficiary of the Facebook ecosystem, has beaten them to the punch. The popular social gaming company’s shares are now available for the public to purchase. The “Farmville” company’s stock, listed as “ZNGA” and priced at $10 a share by the company, hasn’t had a particularly good morning, falling below its IPO price at one point. Currently, it sits at just over $10. Will the stock begin to lean in Groupon’s downward direction, or will it aim for Facebook status? source