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Zynga Tightens Social Gaming Grip With Serious Business Acquisition

Written on
February 11th 2010
Author
Gavin Dunaway

ADOTAS – Are we on the cusp of a big social gaming consolidation? Farmville-maker Zynga has acquired Serious Business, the developer of Facebook apps such as Friends for Sale and Rock Legends. It appears to be one of these newfangled aqui-hire deals — Serious Business employees are moving into Zynga’s offices [...] more...

Facebook Payments Operation Could Rival Paypal

Written on
January 11th 2010
Author
Gavin Dunaway

ADOTAS – As it aims for a larger slice of the virtual goods pie and possibly step on PayPal’s turf, Facebook has put up notice that it is building a “payments operation” team and looking for a strategist and a payment and risks specialist. According to the classified, the payment operations [...] more...

At Crunchies, Facebook CEO Says Privacy Policy Reflects Social Norms

Written on
January 11th 2010
Author
Gavin Dunaway

ADOTAS – Joan Rivers wasn’t working the red carpet, which was probably for the best as she wouldn’t have anything kind to say about the wrinkly, untucked shirts and jeans of most attendees. But last Friday’s Crunchies — hosted by TechCrunch, GigaOm and  Venture Beat and now in its third [...] more...

Social Gaming and the Art of Backpedaling

Written on
December 17th 2009
Author
Gavin Dunaway

ADOTAS – There’s only one way to get rid of the bitter aftertaste of arrogance — a cold pint of humility. In a video found by TechCrunch, Zynga CEO and Founder Mark Pincus relates a story about his fledgling company’s scavenger hunt for revenue at a Startup@Berkeley event, admitting that he [...] more...

Russian Investors Buy the FarmVille

Written on
December 16th 2009
Author
Gavin Dunaway

ADOTAS – Perhaps Green Acres is the place to be, because farm livin’ is the pastime of millions of Facebook users. Only launched in June of this year, FarmVille — which, yes, simulates managing a farm — is the most popular game application on Facebook with more than 70 million [...] more...

Industry news on departures, hirings and finance

Written on
August 10th 2009
Author
Edward Barrera

ADOTAS — Catalyst:SF, Acquisio, Emovendo, Zynga, MyMiniLife all had annoucements, and the url shortening niche became slightly trimmer. Tr.im, a url shortener, has decided to cease operations, concluding that what it does others can do, and the information it gathered is just sucked up by everyone else. Social gaming company Zynga has [...] more...

In Your Face: Zynga Picks Up $29M

Written on
July 23rd 2008
Author
Kathleen

ADOTAS – Facebook game maker Zynga has closed a second round of financing for $29 million. The round was led by Kleiner Perkins Caufield & Byers and Institutional Venture Partners; current investors Union Square Ventures, Avalon Ventures and Foundry Group also joined. William “Bling” Gordon, of Kleiner Perkins, will join Zynga’s [...] more...



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AdBidCentral’s CEO, Vivek Veeraraghavan Talks Openly*What was the inspiration to start AdBidCentral? The conditions that inspired AdBidCentral came from a variety of factors in my personal [...] more...


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