Facebook seems to have two different timeline layouts now. My professional FB account has all the updates on the right and the basic info on the left. My personal account still uses the very controversial two column timeline. I am not sure what exactly is going on but I am sure that this is all…
Groupon, Facebook, and Zynga are currently having difficulties since their initial public offerings. Their losses can go as much as 70%. Currently, public cloud computing companies are not affected. This is primarily because companies like NetSuite and Salesforce.com have already proven themselves since they’ve been around since late 1990s. These companies have already proven that…
Zynga may be on its way to becoming a serious competitor to Amazon’s robust Infrastructure as a Service, since the social network gaming giant will soon sell cloud IaaS to game makers in need of a hosting platform. Zynga may not be the first company to offer cloud IaaS, but it will be the first…
Zynga has made significant contributions on the online gaming industry with its popular games such as CastleVille, Mafia Wars and Farmville. These games were initially dependent on Amazon Web Services servers (Amazon EC2) that host player’s game activities, since it required more storage and speed in 2009. Recent developments, however, took place as Zynga realized…
Zynga, the San Francisco based company which specializes in Facebook games, priced its initial public offering late Thursday at $10 per share, raising $1 billion with a company value of about $7 billion. This offering makes it the largest Internet-related IPO since Google went public in 2004 with $1.4 billion. The price was at the top of expectation which…
After much anticipation, the date for Groupon’s IPO is set for November 4th where the company seeks to raise $621 million from the offering, valuing it at $11.4 billion. Groupon is planning to offer only 5% of its shares to the public for a price between $16 and $18, listed on the Nasdaq under the…
Microsoft is helping game developers roll out games faster by offering them tools and, in return, having them host their games on Windows Azure. Microsoft launched this week at the Casual Connect in Seattle, a toolkit for developers that provides the basic code for a number of back-end game technologies which all game developers typically…
Zynga recently filed an initial public offering (IPO) which we have reported about earlier. This move is a result of Zynga’s business partnership with Facebook and their popular games such as FarmVille and CityVille. It is expected that the company value will increase from $15 billion to $20 billion. Zynga is a one of a…
Silicon Valley is waiting for next IPOs to happen, but the candidates are keeping their exact dates secret – or better flexible. Now there are rumors that Zynga will file for an IPO as early as tomorrow with a valuation between $15 billion and $20 billion. Zynga would raise between $1.5 and $2 billion in…