Tag Archives: Zynga

Zynga Being Sued for Insider Trading

John Koetsier for VentureBeat:

As we reported before, Zynga executives and investors, including CEO Marc Pincus, sold over $500 million in stock just three months before. Pincus sold $200 million of Zynga stock, chief operating officer John Schappert sold $3.9 million, and chief financial officer David Wehner sold stock worth $4.6 million.

Unsurprising.

Every time Zynga’s execs open their mouths, they come off as jackasses. Part of the suit alleges that they basically burned their own employees on the IPO.

Classy.

Nimblebit with the Call Out on Zynga

Huge high five to Nimblebit—developers of Tiny Tower—for this image that’s making the rounds today:

Click on it; it’s way too big to slap into a post.

This is shameful: the dual currency system, the game basics, even the stocking of items and the favorite job mechanic would all seem to be directly lifted, would they not?

Lots of people have been wondering if Zynga is foundering; this certainly doesn’t make it look like they have much magic left right now.

(Seen on VentureBeat, Destructoid, et al.)

UPDATE: Nathan Brown writes for Edge on a noticeable trend developing with Zynga.