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Stories for Apr. 24, 2014
Stories for Apr. 23, 2014
In Brief

4 AXYZ, which plans to use additive manufacturing to make relatively affordable custom furniture and accessories out of high-quality wood, launched a campaign on Indiegogo today. 4 AXYZ hopes to raise $1 million to go toward research and development and the purchase of a $1.5 million machine it needs to begin making furniture. Backers can choose between items like photo frames and dining sets, but 4 AXYZ also plans to eventually offer electronics-studded furniture that would bring increased connectivity to households.

In Brief

Struggling games company Zynga announced more executive shifts Wednesday during its Q1 2014 earnings report, as co-founder and former CEO Mark Pincus will step down from his role as CPO. Pincus moved to the role in 2013 after hiring former Xbox guru Don Mattrick to take the reigns at the company. According to the press release, Pincus will continue his position as Chairman of the Board of Directors. The announcement comes as the company exceeded Wall Street’s dismal expectations for performance for Q1, reporting $168 million in revenue — 38 percent decrease since 2013.