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1 min read

Zynga soars 49% on Take-Two deal to buy the FarmVille creator for $12.7 billion

The cash-and-stock deal should see Take-Two scoop up the "Words With Friends" publisher by the end …

Carla Mozée   


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2 mins read

US stocks rise to close volatile January as Nasdaq rallies over 3% ahead of mega-cap tech earnings

January marked one of the worst months for equities since the pandemic began as investors grappled …

Isabelle Lee   


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1 min read

The gaming giant behind 'Grand Theft Auto' is buying Zynga in a nearly $13 billion deal

The mobile gaming giant that owns "Words with Friends" and "Farmville" is being purchased in cash a…

Ben Gilbert   


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2 mins read

Take-Two stocks soars 13% after earnings come in mixed but guidance hints Grand Theft Auto 6 will be released in 2024

"We plan to deliver several groundbreaking titles that we anticipate will set new standards of qual…

Matthew Fox   


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3 mins read

Nasdaq falls nearly 3% as US stocks plummet on interest rate worries

The Nasdaq plunged Tuesday, dragged by mega-cap tech giants as the 10-year Treasury yield rose to 1…

Isabelle Lee   


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Sony jumps after announcing deal to acquire Bungie for $3.6 billion as video game M&A heats up

The move is the latest in a string of big gaming deals, following Microsoft's blockbuster acquisiti…

Isabelle Lee   


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An Uber-backed aerospace company looking to make flying taxis a reality by 2024 leaps 15% in its stock-market debut

Joby displayed a prototype of its distinctive five-seater aircraft, brought in from California, out…

Shalini Nagarajan   


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Zynga Beats On Earnings And Stock Rockets Up 15%

This will be earnings for the first quarter under the company's new CEO Don Mattrick. Mattrick used…

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Microsoft's massive deal to acquire Activision sparks rally in EA, Ubisoft, and other gaming stocks

The video-game sector has made splashes in recent months as companies race into the nascent metaver…

Phil Rosen   


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2 mins read

Zynga founder Mark Pincus is giving up his 70% voting control of the company

Pincus cites Zynga's steadiness as the reason for his new role: After a rocky few years, cash flow …

Katie Canales   


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Zynga gets crushed after earnings whiff

The company reported an earnings-per-share loss of $0.05 per share Wednesday, lower than analysts' …

Bob Bryan   


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5 mins read

Troy Wolverton   


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3 mins read

Zynga is cutting 18% of its staff

Today, Zynga announced a cost reduction plan expected to generate pre-tax savings of approximately …

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3 mins read

How Zynga's CEO is preparing for a comeback

To that end, under the guidance of just-departed CFO David Lee (Pincus says that Lee is leaving to …

Matt Weinberger   


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6 mins read

From Tesla to Workhorse, here are the 50 most popular stocks among retail investors on Robinhood

Robinhood has been the poster child of the commission-free trading movement that has drawn a new ge…

Natasha Dailey   


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3 mins read

Zynga CEO Mark Pincus defends Marissa Mayer

That might be easier said than done. Like most companies, Yahoo's policy forbids employees to speak…

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3 mins read

Zynga's CFO has resigned, effective immediately, with no reason given

The company, most famous for its FarmVille and Words With Friends franchises, beat analyst estimate…

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3 mins read

Zynga is being sued by its shareholders over alleged fraud

Shareholders are also unhappy over claims made by Zynga regarding its pipeline of upcoming games. T…

James Cook   


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John Doerr Is Coming To Zynga's Rescue

Kleiner Perkins has struggled with bad bets on cleantech companies and late-stage Internet investme…

Owen Thomas  Â