Zynga Regains Facebook Prominence Amid Continuing Departures
Three weeks after Zynga launched its latest sim-style game "ChefVille" on Facebook -- the social media platform that Zynga itself blamed for most of its current financial woes -- the game developer is slowly crawling its way back to the top of the social gaming food chain, new data shows.
Environmentalists Hail Chilean Court's Decision To Halt Power Plant
A decision by Chile's top court to temporarily block a massive, coal-fired power generation venture pleased environmentalists but the project's backers, who saw their share price fall, insisted the delay was unnecessary.
ZeekRewards Receiver Estimates 2 Million Victims; Probe's Like 'Drinking From a Firehose'
The receiver who was handed control of Paul Burks' company Rex Venture Group and ZeekRewards following its forced closure by the SEC told reporters that trying to following the money collected through hundreds of thousands of Zeek affliates has been like "drinking from a firehose."
ZeekRewards Facing Federal Class-Action Lawsuit
ZeekRewards, Rex Venture Group and its founder, accused in an alleged Ponzi scheme, now face a federal lawsuit brought by former "affiliates."
Romney, Obama Slug It Out In New iPad Game 'Vote!!!'
A new iPad game from the creators of "Infinity Blade" lets players duke it out as Mitt Romney and Barack Obama just in time for the debates.
Airbus Nearing Deal With China For More Than 100 Jets - Report
Airbus SAS, the French aerospace company and subsidiary of the Netherlands-based European Aeronautic Defence and Space Company N.V., is nearing a deal with the Chinese government to sell more than 100 aircrafts.
AOL's $600M Stock Buyback, Special Dividend
Internet company AOL Inc. (NYSE: AOL) announced plans Monday to return $1.1 billion to shareholders through a special dividend of $5.15 per share and also to buy back $600 million of stock under an accelerated stock-repurchase agreement with Barclays Bank PLC.
Executives Flee Zynga, Rival Accuses Company Of 'Making Games For Grandmothers'
Zynga Inc. lost another high-profile executive, when Alan Patmore, the San Francisco-based social game developer's general manager for its popular Facebook title "CityVille," left the company for Kixeye Inc.
Exec On 'One Sony': ‘Entering A Big Bad World Where There Are No Rules’
Four months after Sony unveiled its "One Sony" concept to recapture its leading role, Sony has finally offered a glimpse into its practical strategies to streamline integration between different hardware products and media platforms.
ZeekRewards Class-Action Plaintiffs Hire Prominent NC Politician As Lawyer
Plaintiffs for the class-action lawsuit filed against Rex Venture Group, ZeekRewards, and the company's found and CEO Paul Burks are being represented by James "Cal" Cunningham, a local politician and former member of the North Carolina Senate.
Qantas Drops Orders For 35 Boeing 787 Jets Valued At A Total Of $8.5B
Qantas Airways Limited (ASX:QAN) is cancelling its order for 35 Boeing 787-9 aircraft, the Australian airline announced Thursday, dealing the U.S. maker of the advanced aircraft an $8.5 billion drop in sales.
ZeekRewards Supporters Sign Online Petition As Company Is Handed Over To Receiver
Following reports that ZeekRewards.com and Zeekler.com were shuttered by the SEC after being declared a Ponzi scheme, over 13,000 users and Zeek affiliates have flocked to an online petition to defend the company from charges against its founder Paul Burks and his company Rex Venture Group.
ZeekRewards, Zeekler Affiliates File Class Action Lawsuit
A class-action lawsuit was filed Wednesday against Rex Venture Group, ZeekRewards and the company's founder and CEO Paul Burks.
Wind Turbine Maker Vestas To Cut 1,400 More Workers
Vestas Wind Systems A/S, the western Denmark-based energy company and the world's largest maker of wind turbines, announced Wednesday that it is letting go of 1,400 workers - a 7 percent cut of its entire workforce.
Shell Plans At Least $1 Billion Investment In Chinese Shale Gas Per Year
Royal Dutch Shell announced plans to spend at least $1 billion a year exploiting China's supply of shale gas, Reuters reported. The news came from the energy firm's head executive in China, Lim Haw Kuang, who responded to Reuters' questions about the alleged $1 billion-a-year plan to invest in the potentially vast natural gas trove.
Electronic Arts Pulls Promo For Real-World Weapon Sales From Medal Of Honor Website
Electronic Arts Inc. (Nasdaq: EA) has removed a controversial promotion from the website for its upcoming military shooter "Medal of Honor: Warfighter" video game to sell branded weapons to the general public.
Chinese City Aims For $236B In New Investments
The northeastern Chinese city of Tianjin announced a four-year plan to invest 1.5 trillion yuan ($236 billion) to stimulate industrial growth, Bloomberg News reported Tuesday. The Communist Party's Tianjin Daily also reported that investments have been announced for 10 industries, including petrochemicals and aerospace.
Silicon Valley Is Dying - Yammer CEO
David Sacks took to Facebook over the weekend to air his grievances about the state of the revered San Franciso Bay Area long assumed to be the centerpiece for innovation within the tech industry, giving a gloomy prediction of the tech industry's future shortly after selling his own company to Microsoft.
UK Natural Gas Prices Rise On Supply Concerns, Higher Demand
British wholesale natural gas prices rose Monday on a combination of tight supply and stronger demand.
Gold Demand Plunges In Top Global Markets: Will Emerging Markets Take Up Slack?
Gold prices continued to decline this week, dragging even lower due to unusually weak demand from China and India - the two largest gold consumers - that has extended for several months.
'Sharpies Parties' Use Social Media To Galvanize Anger Vs. Foreclosed Homes
Amid the continue foreclosure crisis, some young people are taking to social media to redirect their frustration and coordinate larger acts of vandalism against abandoned properties.
Electronic Arts For Sale? EA 'Quietly Exploring' Private Equity Interest: Report
Electronic Arts is "quietly exploring" opportunities for sale to private equity firms, according to a New York Post report. Coming amid weak financial results for EA, the report casts doubt on the company's ability to transition into digital publishing effectively.
Sony's Dilemma: New IP, Cheaper Hardware For Longer Product Life Vs. New Products
Sony Corp. is doing its best to maintain Playstation 3 and Playstation Vita performance in the lead-up to next year's anticipated launch of its next-generation console by cutting costs and introducing a wide range of new intellectual property for the rapidly aging devices.
“Command & Conquer” Shifted To Free-To-Play Model: Are Zynga And Electronic Arts Switching Places?
EA Games is transforming "Command & Conquer" into a free-to-play multiplayer game, while Zynga revealed plans to publish partnered content being distributed in a more traditional publishing model than the one it pioneered.
Activision Co-Founder To Zynga: You 'Give The Casual Market A Bad Name'
David Crane, co-founder of Activison and creator of the legendary Atari 2600 game "Pitfall!" criticized Zynga for giving the "'casual' market a bad name" in a recent interview, showing once again the divisiveness of the social gaming giant's presence within the gaming and tech industry.
Sony Debuts YouTube App For Playstation 3, Has Remote Control With Smartphones
Late in its current-generation life cycle and amidst countless rumors about the upcoming Playstation 4, Sony is finally introducing a native YouTube app to its Playstation 3 gaming console. Is this a sign of Sony's future plans of all-encompassing media integration?
‘World’s First Pregnant Man’ Thomas Beatie’s Divorce Proceedings Stalled As Judge Questions Union's Legality Under Arizona Same-Sex Marriage Laws
Thomas Beatie, better known as the "world's first pregnant man," is facing another legal setback in his planned divorce from his wife Nancy after an Arizona judge refused to recognize their union as a marriage due to same-sex marriage laws in the state.
Michael Phelps Enters Retirement In Style, Modeling For Luis Vuitton Photo Shoot By Annie Leibowitz
In the aftermath of his historic achievements at the 2012 Olympics, Michael Phelps got back into the water for a Louis Vuitton ad campaign captured by legendary fashion photographer Annie Leibovitz.
Xbox 720 Dev Kit 'Durango' Sold On eBay For More Than $20,000
Following confirmed reports of an Xbox 720 development kit being used to leak prospective specs for Microsoft's upcoming next-generation console, the device popped up on eBay over the weekend, ultimately selling for $21,000.
RuPaul's 'All Stars' Announced Official Cast And Guest Judge List, Reigniting Old Rivalries
The first season's cast and guest judges of "All Stars: RuPaul's Drag Race," RuPaul's latest venture into reality television with Logo, were announced this week.