Zynga Revenues Soar to $850 Million in 2010

Zynga, which develops popular games on Facebook, like CityVille and Mafia Wars, is considering raising up to $250 million in new funding, the WSJ reports. That transaction could value the three-year-old start-up at between $7 billion and $9 billion, according to people familiar with the matter. But sources also say its financials are sound, with Zynga earning $400 million in profit on $850 million in revenues last year.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus