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  • Blog Post: Zynga Lays Off 364 Employees After First Quarter Losses Of $46 Million

    Zynga continues to suffer as the company posted $46 million in net losses (GAAP) for the first quarter of its 2015 fiscal year. As part of a measure to cut costs, the company has laid off 18 percent of its workforce, amounting to 364 employees. Despite the losses, Zynga outperformed its first quarter... More
  • Blog Post: Don Mattrick Leaves Zynga

    Zynga has announced today that Don Mattrick is stepping down as CEO and will be replaced by company founder Mark Pincus. Most gamers know Mattrick as the former president of Microsoft's interactive entertainment business, where he oversaw the troubled lead up to the Xbox One's launch. Mattrick... More
  • Blog Post: Microsoft CEO Steve Ballmer To Retire

    The shake-ups at Microsoft continue with the announcement that company CEO Steve Ballmer will retire sometime in the next year. Microsoft revealed the news today. The announcement contained a statement from Ballmer that said, "There is never a perfect time for this type of transition, but now is... More
  • Blog Post: Zynga Reports Net Loss Of Over $15 Million

    It was a rough quarter for social and mobile publisher Zynga. The company has reported significant losses and a precipitous drop in unique users both year-over-year and in consecutive quarters. According the second quarter financial release, Zynga lost $15.8 million dollars in the most recent quarter... More
  • Blog Post: Don Mattrick To Make Over $50 Million As Zynga Boss

    As Don Mattrick prepares to start turning the Zynga ship around next week, some of the reasons for his move have become clear. In an SEC filing, Zynga has disclosed just how much Mattrick will be earning as CEO. The paperwork details a variety of components to the deal that amount to over $50 million... More
  • Blog Post: Rumor: Windows Chief To Lead Xbox Development

    It's been a tumultuous week at Microsoft, and the reorganization we heard rumors of seems to be moving ahead. The implications for Xbox development are profound, as platform responsibilities might now be split across multiple departments. According to Bloomberg, corporate vice president of Windows... More
  • Blog Post: Report: Mattrick's Xbox Exodus Spurred By Upcoming Reorganization

    Fast Company has published a profile of new Zynga CEO (and former Microsoft president of interactive entertainment) Don Mattrick. The piece is an interesting look at a man recently at the receiving end of gamer backlash , but more importantly hints at upcoming changes in Redmond. The piece speculates... More
  • Blog Post: [Update] Don Mattrick Joining Zynga As CEO

    Update #2: Game Informer has been provided with the text of an internal email sent from Microsoft CEO Steve Ballmer to all company employes. Interestingly, there is no replacement and Steve Ballmer's note about handling the day-to-day business does not sound temporary. Zynga announced today that... More
  • Blog Post: Xbox One Offers 'Thousands Of Dollars Of Value,' Says Microsoft's Don Mattrick

    Do you trade in or sell your games? If not, the Xbox One's still unclear restrictions on second-hand games might not bother you. Do you live in an area with blazing, stable Internet? If so, you might not be concerned about the 24-hour check-ins required by the Xbox One. Even if those two issues haven't... More
  • Blog Post: Microsoft Still Plagued With Xbox One Messaging Problems

    This week started off as an uphill battle for Microsoft, which has frustrated a segment of the core market with its statements on used games and online connectivity. The situation only got more challenging when Sony dropped three consecutive bombs: no used game restrictions, no online connection requirements... More
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