Nobody expected Zynga's results for this quarter to be great, so nobody was exactly surprised when the company announced a decline in almost every number that matters. It turned a small profit, but that's a bright spot in an otherwise deeply unimpressive set of results. The really important figures - the number of people playing and, crucially, the number of people paying - are all down. Zynga's business may not...

Zynga's Draw Something 2 launches globally early this morning, adding much-needed social features, new drawing tools and a personal gallery to the original mobile hit. It'll be available in a few hours for iPhone, iPad and iPod Touch. You can watch a video about it right now. Read more...     Kotaku Continue reading...

In Zynga’s Q1 2013 earnings call, CEO Mark Pincus’ opening statement  focused on Zynga’s transition from web to mobile. ”Our next opportunities are clearly on mobile,” he says. Pincus laid out three key concepts for Zynga now and moving forward. He says Zynga is focused on building games, a network and working on profitability. On the games front, Zynga’s most recently released mobile game, midcore card battler War of the Fallen,...

Today, Zynga reported it made $ 263.5 million in revenue, with $ 229.8 million in bookings for Q1 2013. In terms of revenue, that’s flat year-over-year while bookings were roughly by 30 percent year-over-year. Zynga’s earnings report shows it had a net income gain of $ 4.1 million; up from Q1 2012′s loss of $ 85.4 million, and adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of $ 29...

Pangalore announces ZooVale — Social role-playing games developer Pangalore announced ZooVale, a cross-platform HTML5 title featuring animal characters rendered in cartoon-style 2D graphics. The game will allow players to build a village and breed animals to fight an evil witch. The game will be available on desktops and mobile devices via Pangalore’s portal. Lorne Abony Joins Glu Mobile – Mobile game developer and publisher Glu Mobile announced that Mood Media...

Late last year, Zynga announced the acquisition of November Software and the development of a new mobile action arcade game called Battlestone. Now, Battlestone studio CTO Szymon Swistun has released some major new details about the game, which is set to launch later this year. Battlestone offers 3D action RPG gameplay, as gamers can defeat enemies and win boss battles with a simple swipe of the finger. Depending on the...

Now, he's only a multi-millionaire. Them's the digs. Forbes has issued its annual list of billionaires, and Zynga founder and CEO Mark Pincus is nowhere to be found. San Francisco Business Times pegs a plummeting stock price as the likely culprit behind the unfortunate change, which currently sits at $ 3.52 in after hours trading. It's 52-week high on the NASDAQ was $ 14.48. So, what caused that drop? Well,...

Would you have it any other way? Running With Friends has finally launched on the Canadian App Store, according to an in-depth interview and report by VentureBeat. As the title implies, this is the developer's first endless runner game on iOS, in which players control a contestant in the Running of the Bulls festival in Pamplona, Spain. Of course, it's not as intense as the real deal--the game is presented...

ChefVille players have all probably realized by now that the timed Ribbon events aren't going away. From themed events surrounding holidays like Christmas or Valentine's Day, to the newest event that's been released "just because," players are being asked to complete some pretty hefty tasks just to earn Ribbons and some limited edition prizes. While these Ribbon events are technically voluntary, many players feel forced into completing them, or are...