News Byte

Zynga General Manager Nabeel Hyatt Joins Spark as Venture Partner

Nabeel Hyatt, the founder of Zynga’s Boston office, which led the development of Adventure World, has joined Spark Capital as a venture partner. Hyatt joined Zynga a little less than two years ago through the acquisition of Conduit Labs, where he was CEO and founder. Hyatt will help Spark’s investments with product design, and consult on consumer Web, social and mobile projects.

Zynga’s First Super Bowl Commercial … Kind Of

Zynga’s popular puzzle game Words With Friends was featured in Best Buy’s Super Bowl commercial yesterday, calling attention to the game’s founders as some of the “greatest mobile innovators.”
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Care to Bet Which Other Social Games Company Is About to Go Public?

Caesars Entertainment may be known for its Las Vegas casinos, but it also has a burgeoning business developing way off the Strip.
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Did Facebook Just Spill the Beans on Zynga’s Fourth Quarter?

Zynga isn’t reporting its fourth-quarter results for another two weeks, but some quick math, based on Facebook’s numbers yesterday, show that it likely did fairly well.
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Google’s Punit Soni: We’re Not Just Playing Around When It Comes to Social Gaming

After finding out yesterday that games contribute a staggering amount to Facebook’s top line, we now know exactly how important the category is to the success of Google’s social plans.
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Stuck Like Glue: Zynga Accounts for 12 Percent of Facebook Revenue in 2011

Zynga is mentioned 24 times in Facebook’s filing, but the most notable one is related to the game company’s huge contribution to the social network’s top line.
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Electronic Arts Pressured to Outperform in Soft Videogame Market

Electronic Arts will be under pressure to report strong financial results this afternoon after the industry experienced a disappointing holiday period.
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Dude, Where’s My Facebook IPO Filing? (Ashton’s on Hold!)

Mr. Kutcher really wants to know what’s what this fine IPO-awaiting morning.
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Visa Places Bet on New Approach to Payments With Rare Investment in TrialPay

Visa, Greylock’s Reid Hoffman and others are pouring $40 million into TrialPay, which helps companies like Facebook, Gap and Fandango increase sales through the use of incentives.
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News Byte

Zynga Closes Above Its IPO Price

Maybe it’s the hype around Facebook’s impending IPO, or the opportunity for real-money gaming, but, for whatever reason, Zynga is trading higher than its $10 offering price for one of the first times since December. Today, the social games publisher was up 3.4 percent, or 34 cents, to close at $10.39 a share. Earlier this month, Zynga lost at least 20 percent of its market value, and was having a hard time staying above $8. Fourth-quarter results are due on Valentine’s Day.

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