The Upload: Your tech news briefing for Monday, May 11
China's smartphone market slows...IBM's latest Power8 servers do cloud work...Facebook tests in-app search...and more tech news.
China's smartphone market slows...IBM's latest Power8 servers do cloud work...Facebook tests in-app search...and more tech news.
Zynga founder Mark Pincus is rejoining the gaming company as CEO effective immediately, replacing Don Mattrick, who led Zynga for less than two years.
Mark Pincus, who founded Zynga in 2007 and gave up his CEO title less than a year ago, is now giving up all his operational duties at the company.
Zynga plans to buy U.K.-based game developer NaturalMotion for about US$527 million while cutting 15 percent of its own workforce.
Game developer Zynga is testing bitcoin for in-application purchases of virtual goods, becoming one of a growing number of online businesses accepting the virtual currency.
Zynga said it had settled a lawsuit alleging theft of trade secrets by a former employee, with the employee also issuing an apology.
Three top executives of struggling Zynga will move out of the company, as the games developer aims to flatten its management structure.
Facebook today announced a pilot program aimed at helping developers take their mobile games global.
Zynga will get "back to basics" and take a "longer term view" of its business after reporting that its user base has declined by almost a half in the past year.
The offices of Zynga, Pinterest, AirBnB and other companies in San Francisco's South of Market District were under lockdown Friday after a shooting at a nearby store located in the same building as AirBnB's headquarters.
Zynga CEO Mark Pincus pursued Microsoft's Xbox chief for several months and had no other candidates in mind for the top job at the social games company, a source at Zynga said Monday.
Mark Pincus is stepping down as CEO of Zynga and will be replaced by the head of Microsoft's Xbox business, Don Mattrick, Zynga announced on Monday.
Techies in San Francisco in the US are feeling local ire, accusing them of driving up rent and ruining diversity. Thank the recent tech boom for this culture clash.
Social gaming publisher Zynga announced Monday that it will lay off 18% of its total workforce -- more than 500 employees -- in an effort to reduce staff costs and focus on the mobile sector.
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