Facebook (FB) No Longer Prohibited from Developing Own Games; Zynga (ZNGA) Falls
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Piper Analyst Sees Little Value Left in Zynga (ZNGA), Mobile Still Holds Potential - CNBC
November 30, 2012 10:14 AM ESTZynga (Nasdaq: ZNGA) shares tick lower as Piper Jaffray's Michael Olson comments on CNBC.
Olson notes that as financial performance has dwindled, relationships have suffered.
He continued that it would be "shocking" to see Facebook (Nasdaq:... More
Analyst Sees New Facebook (FB) Agreement as Positive for Zynga (ZNGA)
November 30, 2012 8:34 AM ESTNeedham and Company is out with a few comments on Zynga (Nasdaq: ZNGA) following disclosure late Thursday that it would no longer be tied to Facebook (Nasdaq: FB) as its primary social network site and, conversely, Facebook would have the right to develop its own games. The firm maintains a Buy rating on Zynga with... More
Facebook (FB) Has No Current Plans to Develop Own Games - Bloomberg (ZNGA)
November 29, 2012 5:21 PM ESTAccording to headlines from Bloomberg, Facebook (NASDAQ: FB) is said to have no plans to develop its own games following earlier news of a amended deal with Zynga (NASDAQ: ZNGA) that would allow such a move.... More
Zynga (ZNGA), Facebook (FB) Enter Amended Agreements; Zynga Free to Use Other Social platforms
November 29, 2012 4:50 PM ESTOn November 28, 2012, Zynga Inc. (Nasdaq: ZNGA), Zynga Game Ireland Limited, Zynga Luxembourg S.Ã r.L., Facebook, Inc. (Nasdaq: FB) and Facebook Ireland Limited entered into Amendment No. 3 to the Developer Addendum dated May 14, 2010 (Addendum No. 1) and Zynga, Zynga Game Ireland Limited, Facebook and Facebook Ireland Limited entered into Amendment No. 3 to the Developer Addendum No. 2 dated December 26, 2010 (Addendum No. 2). These amendments to the respective addenda, which supplement and amend Facebooks standard terms of service for game developers, will apply through May 13, 2015, subject to earlier termination as noted below or in... More
