Share “News Summary: Zynga still playing a losing...”

News Summary: Zynga still playing a losing game

Published on NewsOK Modified: July 25, 2013 at 6:16 pm •  Published: July 25, 2013
Advertisement

LOSING HAND: Digital game maker Zynga Inc. posted the latest in a series of losses that led the San Francisco company to replace its founder Mark Pincus as CEO earlier this month.

DAMAGE ASSESSEMENT: Layoffs and other cost-cutting helped to narrow the second-quarter losses reported Thursday, but the number of people playing Zynga's games on a daily basis plunged by 45 percent from last year.

BUMPY ROAD AHEAD: New CEO Don Mattrick, a former Microsoft Corp. executive, told investors to expect more volatility during the next six months to a year as he tries to figure out to turn things around.


AROUND THE WEB

  1. 1
    VIDEO: Blake Griffin teasing Space Jam 2 in new Jordan commercial?
  2. 2
    Kermit and Miss Piggy break up after 40 years of Muppet love
  3. 3
    Multiple buildings on fire in downtown Hinton
  4. 4
    Carrie Underwood shares a new baby Isaiah photo
  5. 5
    Hillary Clinton to miss AFL-CIO Iowa candidate forum
+ show more

FEATURED JOBS



× Trending business Article