Gaming industry in quandary
Hyderabad: All is not well with the gaming industry and that is clearly reflected in the series of lay-offs happening ever since January this year. With Gameloft, Electonics Arts and Zynga sacking em
Facebook insiders can sell stock as 'lock-up' ends
Facebook's early investors and a handful of top executives become eligible on Thursday to sell stock they own in the social networking company.
It marks the beginning of a time-honored process for p
LinkedIn defies social media slump, raises outlook
Professional networking site LinkedIn Corp reported higher-than-expected revenue and raised its full-year outlook as it pocketed more money from subscribers, services aimed at businesses and advertisi
Facebook sinks to record low as doubts grow
Facebook Inc's shares slid 6.2 per cent to another record low on Tuesday, diving for the third straight day since lackluster results showed decelerating user growth and revived doubts about its abilit
Internet stock collapse dents Silicon Valley
Social media companies, once hailed by their Silicon Valley boosters as world-changing businesses with limitless potential, are instead proving a sobering reminder of how investors can be seduced by I
Zynga plans $1bn IPO; Facebook crucial for gaming co's biz
Better known for its 'CityVille' and 'Farmville' games on Facebook, American startup Zynga is all set to lure investors with a whopping USD 1 billion initial public offering.
However, Zynga's busines