Topic: Zynga Game Network Inc.
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Facebook stock: 6 intriguing investors
Facebook stock will make many people suddenly wealthy when it begins trading this Friday. The company is expected to be valued somewhere around $100 billion, with stock expected to sell anywhere between $34 and $38 per share. Here are six of the more unexpected people set to make a killing with initial public offering of Facebook stock, including a rock star, a graffiti artist, and pair of Mark Zuckerberg’s enemies.
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Tech stocks: How seven recent IPOs have fared
Tech stocks like Facebook can create plenty of buzz on Wall Street when they file for an initial public offering, or IPO, of stock. Below is a look at how tech stocks and other Internet-related stocks of some companies fared after going through a recent IPO. Some have done well. Others haven't.
All Content
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Change Agent
FarmVille's game players bring clean water to the real worldItems purchased on Zynga's popular Facebook games FarmVille and Mafia Wars raise money for Water.org, which provides safe water and sanitation for people in the real world.
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Stocks hold as budget talks continue
Rising stocks narrowly outnumbered falling ones on the New York Stock Exchange Friday. Investors remain cautious as 'fiscal cliff' budget negotiations continue in Washington.
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Stocks edge higher, breaking a weeklong slump
Stocks eked out the week's second day of gains Thursday after flipping between gains and losses for most of the day. A strong report from Procter & Gamble boosted stocks early in the day.
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Stocks barely flinch after good jobs report
Stocks initially rose on news of the unemployment rate dropping to 7.8 percent. But in afternoon trading, stocks failed to hang onto early gains.
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Zynga, maker of 'FarmVille,' expects 3Q loss
Zynga expects net loss of 12 to 14 cents a share, after taking a charge of $85 million or more on its purchase of flailing OMGPop. Zynga shares lose 18 percent in after-hours trading.
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Facebook IPO was not a failure: Diller
Facebook tried to make as much money as possible in its IPO – a good things, says media executive Barry Diller, who also praised CEO Zuckerberg's long-term strategy for Facebook.
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EA sues Zynga for allegedly ripping off its games
Electronic Arts has sued Zynga for making an "unmistakable" copy of "The Sims Social."
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Facebook's earnings disappoint investors, match predictions
In its first earnings report as a publicly traded company, Facebook indicated its growth is slowing and profit margins are smaller than last year at this time. One analyst says, 'Facebook is no Google.'
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How financially tied are Zynga and Facebook?
After Zynga's big loss on Wednesday, investors worry about Facebook's earnings report on Thursday.
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Wall Street ends mixed
Strong and weak earnings report leave traders scrambling for direction. Dow gains as Boeing, Caterpillar earnings soar, while S&P droops on Apple's earnings miss.
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Apple's earnings miss could undermine wobbly market
Apple stock falls in after-hours trading after it reports disappointing quarterly earnings and revenue. Apple faces same headwinds as other multinationals with lower earnings this quarter.
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'Draw Something' on TV: CBS develops game show based on popular app
'Draw Something,' Zynga's popular 'Pictionary'-style mobile app, has been optioned by CBS to be made into a game show. Ryan Seacrest has signed on to help produce the 'Draw Something' TV project, which will feature teams competing in front of a live audience.
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Facebook stock falls 11 percent in second trading day
Facebook shares close down $4.20 in Monday trading. Facebook stock dropped so much Monday morning that 'circuit breakers' kicked in to restrict sell orders.
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Facebook stock: 6 intriguing investors
Facebook stock will make many people suddenly wealthy when it begins trading this Friday. The company is expected to be valued somewhere around $100 billion, with stock expected to sell anywhere between $34 and $38 per share. Here are six of the more unexpected people set to make a killing with initial public offering of Facebook stock, including a rock star, a graffiti artist, and pair of Mark Zuckerberg’s enemies.
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Instagram and four other apps that hit it big
Instagram went from zero to a $1 billion acquisition in just 18 months. Here are four other iPhone and Android apps that struck gold fast.
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It's not just Instagram. The 'app economy' is taking off.
Facebook's $1 billion purchase of smartphone app Instagram is just the tip of the iceberg. Apps represent a $20 billion industry employing nearly 500,000 people.
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Temple Run for Android proves that 'free' can be profitable
Temple Run for Android, released Tuesday, gives new momentum to Imangi Studios' mobile game sensation. Temple Run has already made a fortune off of its (free) iPhone and iPad app. But how?
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Horizons
Zynga nabs OMGPOP. Smart move?Zynga has acquired OMGPOP, the maker of hit game Draw Something. What does this mean for both companies?
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Zynga buys OMGPOP for $200 million
Zynga, the company that created popular Facebook games such as "FarmVille" and "Zynga Poker," announced its acquisition of fellow game developer OMGPOP on Wednesday.
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Apple, Greece pull Dow to worst 2012 showing
The Dow slid 97 points to close at 12780 as Greece slogged though bailout negotiations and Apple stock zigzagged wildly.
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Horizons
Facebook IPO turns graffiti mural into a $200 million paydayDavid Choe, the artist commissioned to paint a mural in Facebook HQ in 2005, is about to become a very rich man indeed – all thanks to some graffiti murals and the Facebook IPO.
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Tech stocks bask in Facebook's glow
Tech stocks related to social media, like Groupon and Zynga, see shares rise after Facebook IPO. But boost for these tech stocks could be temporary.
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Horizons
Facebook IPO is good news for Zynga, Pandora, Groupon, tooThe impending Facebook IPO has given a leg-up to social gaming powerhouse Zynga.
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Facebook IPO: Are users really worth $125 each?
The Facebook IPO suggests that the social network's 800 million users are worth $100 billion. What role will Facebook's audience play as the mega giant files what could become one of the largest IPOs of all time.
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Tech stocks: How seven recent IPOs have fared
Tech stocks like Facebook can create plenty of buzz on Wall Street when they file for an initial public offering, or IPO, of stock. Below is a look at how tech stocks and other Internet-related stocks of some companies fared after going through a recent IPO. Some have done well. Others haven't.
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