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Tag - Zynga
The Ninth Circuit Court of Appeals' panel of judges has ruled that a civil suit's wiretap claims, alleging illicit transfer of personal information against Facebook and Zynga, weren't valid. The unanimous panel ruling said that information passed to advertisers by the social network and game maker didn't qualify as the "contents of a communication" under the US wiretap law.
Apple has joined a list of companies that have agreed to donate $500,000 apiece to a San Francisco anti-poverty charity, SF Gives, two sources tell Fortune. In all about 15 companies have signed up for the initiative so far, including Google, Zynga, and LinkedIn. SF Gives was started by Salesforce CEO Marc Benioff and Tipping Point CEO Daneil Lurie; the goal is to have 20 business sign up by Wednesday, leading to a total contribution of $10 million. That money in turn will be donated to local charitable programs.
In conjunction with Zynga's quarterly results, new CEO Don Mattrick revealed that founder Mark Pincus is stepping down as chief product officer at the embattled game producer. Mattrick also announced that Alex Garden, ex-general manager of Xbox Live, has been hired as president of Zynga Studios.
US District Judge Jeffrey White in San Francisco has dismissed a shareholders' lawsuit against game developing house Zynga. The suit alleged that Zynga misled prospective purchasers of its stock, in both the leadup to the inital public offering and through a series of difficult quarters financially.
Game developer PopCap, known for titles such as Peggle and the Plants Versus Zombies series, is seeing two of its co-founders depart the company. CEO Dave Roberts and chief designer Jason Kapalka are leaving the studio they helped found, effective the week of January 6. PopCap's sole remaining co-founder, John Vechey, is slated to become the new general manager of the development house.
In a letter to staff, new Zynga CEO Don Mattrick explained some recent executive changes. Amidst an executive shuffle, Cadir Lee, Colleen McCreary, and David Ko will be departing the company. Lee was a technical lead, McCreary headed personnel acquisition, and Ko was recently promoted to chief operations officer, following the departure of John Schappert.
In an unexpected corporate move, Microsoft Xbox chief Don Mattrick is moving to embattled game producer Zynga, displacing CEO Mark Pincus in the role. Pincus is willingly vacating the position, but remaining on the board as chairman and the company's chief product officer. Mattrick assumes his new role next week, but will be participating in a discussion with the remaining company employees.
Game developer Zynga today announced that it has commenced laying off 520 employees, and closing offices in Dallas, Los Angeles, and New York, with an estimated completion date of the moves by the end of August. The moves are described as "substantial cost reductions" and "a hard day for Zynga" but "necessary to move forward" according to Zynga CEO Mark Pincus.
In an amicus curae ("friend of the court") brief filed on Friday by Google, Facebook, and six other tech companies, the unlikely allies have asked the courts to reject all lawsuits based on patents with unclear concepts instead of specific information and applications. Cosigned by, Dell, Homeaway, Intuit, Rackspace, Redhat, and Zynga, the brief implies that there is a great risk to the technology industry if such lawsuits are allowed to continue.
Facebook and social game developer Zynga have revised terms of a partnership that gave Zynga preferential treatment on the social network. The modification of the deal was noted on regulatory filings from the two companies earlier today. Zynga has been given more flexibility to sell its own games by the agreement, but makes the game developer subject to the same rules as other game makers, if it wishes to publish on Facebook.