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2011/07/01

Zynga to File IPO Paperwork

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Technology Insider

Jun 30, 2011

This Week's Top Story

This Week's Top Story - Zynga to File IPO Paperwork

Zynga to File IPO Paperwork

Zynga Inc., the top developer of games for Facebook Inc.'s site, will file paperwork for an initial public offering today, said GreenCrest Capital Management LLC, which cited a "major investor" in the startup.

More Top Stories

Groupon Cedes Market Share to Living Social, Yipit Says

Groupon's share of online daily deals slipped to 48% in May, from 52% in April, as rivals including LivingSocial closed in on its market lead

VeriFone New Tablet Reader to Compete With Square

VeriFone Systems Inc. will sell a tablet-computer accessory that facilitates credit- and debit- card transactions, Chief Executive Officer Douglas Bergeron said in an interview.

HP Is In Talks to License WebOS Software, CEO Says

Hewlett-Packard Co., the world's largest maker of personal computers, is in talks to license its WebOS mobile software, Chief Executive Officer Leo Apotheker said in an interview.

AT&T to Offer Exclusive Zynga Content

AT&T Inc., the second-largest U.S. wireless provider, said it will begin offering exclusive content from Zynga Inc. later this year as it seeks to tap into the market for downloadable smartphone games such as "FarmVille."

From Building Minebots to Digging for Dirty Money

Jamie King's attempt to build mining robots turned into software that helps banks find money launderers in a sea of financial data

Facebook Backer Accell Joins $30 Million Investment in RockMelt

RockMelt Inc., the Web-browser startup backed by Netscape Communications Corp. founder Marc Andreessen, raised an additional $30 million as it seeks to challenge browsers from Microsoft Corp. and Mozilla Corp.

Silicon Valley Wakes Up to Clawback Culture

The fuss over stock options for ex-Skype employees is forcing startup culture to wrestle with a business practice that's far more common than the Valley wants to admit

Web Games Threaten the Console

A generation of new titles from the cloud have all the action and graphical richness of traditional shoot-em-ups and strategy games

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Olga Kharif

This week in Technology Insider

Olga Kharif

Kharif is a reporter for Bloomberg News and Bloomberg Businessweek in Portland, Ore.

Welcome to the Tech Insider! This week, writers Ian King and Ari Levy report that Zynga Inc., the top developer of games for Facebook Inc.’s site, will file paperwork for an initial public offering, according to GreenCrest Capital Management LLC. The company has chosen Morgan Stanley to be the lead underwriter.

We also have stories on Groupon, VeriFone, Hewlett-Packard and AT&T. Enjoy!

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