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An “outperform” rating on Zynga was terribly wrong, but the online gaming company still stands to be profitable next year, Wedbush Securities Managing Director Michael Pachter said Friday on CNBC.
Zynga is one of the big stocks to watch today, reports CNBC's Julia Boorstin.
Zynga reached an agreement with Facebook that reduces its dependence on the social networking giant.
CNBC's Julia Boorstin reports the relationship between Facebook and Zynga is no longer exclusive.
Michael Olson, Piper Jaffray analyst, has the trade on the amended agreement between the two companies, which limits Zynga's access to Facebook's one billion users.
Take a look at some of Friday's morning movers.
Zynga shares plummeted than ten percent after the game maker and Facebook revised their two year-old agreement, now treating Zynga with the same rules as it applies to all other game developers.
In a win for privacy advocates, the Senate Judiciary Committee approved legislation on Thursday designed to strengthen electronic privacy protections.
Zynga shares are plummeting more than 10 percent after hours, on news that Zynga and Facebook have changed their terms of service substantially, reports CNBC's Julia Boorstin.
Check out which companies are making headlines after the bell Thursday:
Jeff Dachis doesn’t want to hear your whining about Facebook — especially if you’re a corporate marketer who’s been using the social network to spew messages to anyone and everyone who has ever simply “liked” your brand.
Bravo is casting for a NYC-based tech reality TV show.
South Korea's Samsung Electronics is taking aim at its Japanese rivals with an Android-powered digital camera that allows users to wirelessly upload pictures to social networking sites.
Groupon’s performance isn’t as bad as its stock suggests, Business Insider CEO Henry Blodget said Wednesday on CNBC.
Have you ever thrown a coworker in a lagoon at the office party? Here are some of the most outrageous things people have done at office parties.
Obama is pushing his "fiscal cliff" plan with social media.
Despite lingering economic worries, Small Business Saturday sales data is slightly better than expected. A look at the numbers.
The stock holdings of Prime Minister Wen Jiabao’s relatives took a solid jump after Ping An was granted a waiver to a rule that big financial companies be broken up. The NYT reports.
Retailers underwent a watershed moment in how they do business this holiday shopping season, Adobe Digital Marketing Business Unit’s Brad Rencher said Tuesday on CNBC.
Facebook is up 37 percent over the past 3 months. CNBC's Julia Boorstin reports. Still, concerns over user privacy continue to plague the company.