Look out, below! Facebook stock marked the return from the long weekend by tumbling eight percent to an afternoon low of $29.25. Read More »
Tech
American Express is teaming with Zynga on a reward program that will link offline spending on its Serve pre-paid cards to in-game rewards in Farmville. It’s an ambitious attempt at boosting the reach of AmEx’s Serve product and tying real-world spending to online virtual rewards. Read More »
ISwifter is showing how it can create a full-fledged Facebook app that also includes Flash gaming. TheWorx iPad app, a Facebook application that is set to go live next month, will provide users with access to status updates, their news feed and photos and also gaming … Read More »
The new Forbes Midas List is out and it ranks the top 100 venture capitalists. The list ranks uber-VC Fred Wilson below those whose performance is average at best. I find the list confusing, thanks to an ambiguous and somewhat faulty methodology. Read More »
Venture capitalists greeted the new year with fewer overall deals and dollars invested during the first quarter, but in the rapid-fire world of investing in web startups this data is about as relevant as a day-old newspaper. In a post-Instagram world the tides have changed. Read More »
Past one month has been interesting, to put it mildly. Facebook snapped up Instagram for $1 billion and Zynga lookout OMGPop for $200 million However, here are three key lessons (and takeaways) between these two deals and what they say about both these companies. Read More »
Everyone may be wondering why Facebook paid $1 billion for what appears to be just a simple photo-sharing app, but the biggest lesson to learn from Instagram’s success is just how important it is to build network effects into the core of your service. Read More »
Draw Something has gotten a big boost from China, an unlikely market for a game that asks people to draw English words and phrases. But the game is a top 10 hit and it looks like users are finding creative ways to play the game. Read More »
What a strange story – a New York-based startup that began its life as a dating-gaming company, went through many incarnations has finally hit the jackpot. OMGPOP, the company behind Draw Something is being actively pursued by social gaming giant Zynga, which is considering offering $200 … Read More »
Zynga is reportely looking at picking off its newest rival in OMGPOP, maker of the new hit mobile app Draw Something. According to TechCrunch, Zynga is looking at acquiring the New York-based OMGPOP, which just hit 30 million downloads of Draw Something on Friday. Read More »
About two weeks ago, I sat down with Zygna founder and CEO Mark Pincus to discuss the importance of mobile gaming to his company and evolution from Mark the entrepreneur to Pincus the CEO of a company that is valued at billions by Wall Street. Read More »
Draw Something, the No. 1 paid and free app right now on iOS and Android, is listed as a game but it’s not really a game at all. OMGPOP CEO Dan Porter, who designed the app, explains how it succeeds using cooperation, rather than competition. Read More »
More Must Reads
