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Zynga plans March soft launch for 3 key titles in mobile revamp

By Malathi Nayak SAN FRANCISCO (Reuters) - Zynga Inc said on Monday it will kick off a soft launch of its "FarmVille 2: Country Escape" game and two other updated core titles before the end of March - critical first steps as it seeks to remake itself as a mobile gaming company. The games, which include "Zynga Poker" and "Words With Friends" will roll out on iOS and Android phones and tablets in select undisclosed markets before officially launching by the end of June.

Zynga wins dismissal of fraud lawsuit linked to IPO

By Jonathan Stempel (Reuters) - Zynga Inc has won the dismissal of a lawsuit in which shareholders accused the online gaming company of fraudulently misleading them about its financial and business prospects before and after its December 2011 initial public offering.

Zynga buying 'Clumsy Ninja' maker, laying off 15 per cent of employees in turnaround plan

SAN FRANCISCO - Zynga Inc. said Thursday it is buying NaturalMotion, the company behind the hit mobile games "CSR Racing" and "Clumsy Ninja," while cutting 15 per cent of its workforce in a turnaround effort. The company moved up the release of its fourth-quarter earnings results by a full week to coincide with the announcement of the $527 million acquisition and the job cuts. Investors sent its shares up 62 cents, or 17 per cent, to $4.18 in after-hours trading.

Zynga seals $527 million mobile game deal, axes jobs in revival drive

By Malathi Nayak and Gerry Shih SAN FRANCISCO (Reuters) - Zynga Inc will shed 15 percent of its workforce to slash costs and buy mobile game developer NaturalMotion for $527 million to refresh a stalled games pipeline, moves that sent its stock soaring 20 percent in after-hours trading.

Zynga pares its 3rd-quarter loss despite plunging revenue, shrinking audience of game players

SAN FRANCISCO - Zynga Inc. whittled its third-quarter losses even as its revenue plunged and fewer people played its digital games. The improvement raised investors' hopes that the hobbled company might be able to regain its stride under a new CEO hired during the summer, and shares jumped 12 per cent in after-hours trading.

Zynga lowers 2nd-quarter losses amid cost-cutting; new CEO sees 'volatility' ahead

SAN FRANCISCO - Zynga relied on mass layoffs and other cost-cutting to trim its second-quarter losses as the troubled company struggled to come up with compelling games to play on smartphones and tablet computers.

Zynga pleas for time on turnaround as loss forecast knocks shares

By Gerry Shih SAN FRANCISCO (Reuters) - Zynga Inc's management on Wednesday pleaded for more time for its turnaround effort after the online game maker forecast a steeper-than-expected loss for the current quarter, sending its shares lower. The embattled publisher behind games such as "FarmVille" and "Words With Friends" reported a surprise profit for its latest quarter through steep cost-cutting, but Chief Executive Mark Pincus said Zynga's business, although stabilized, may not pick up until the latter half of the year.

Zynga relaunches gaming site, loosens Facebook ties

By Gerry Shih SAN FRANCISCO (Reuters) - Online game publisher Zynga Inc relaunched its website on Thursday, allowing users to play its games without first signing on to Facebook, a significant step toward establishing its independence from Facebook Inc. The relaunch of Zynga.com is the latest step in the slow dissolution of a special partnership that once bound two of the most influential players in the social Internet industry.
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