Zynga
Facebook posts $59m net loss in Q3
October 24, 2012 Written by Dawinderpal Sahota
Social networking site Facebook has posted a $59m net loss for 3Q12, which it has attributed to high taxation. The loss was made despite revenue increasing by 32 per cent year on year from $954m to $1.26bn, as the firm stepped up its efforts in mobile advertising.
Zynga files for IPO, says its future is mobile
July 4, 2011 Written by @telecoms
Social gaming giant Zynga has filed for its much-anticipated initial public offering in the US. While the company has yet to put a price tag on the shares, as part of the process of calculating its registration fees with the Securities and Exchange Commission (SEC), Zynga has estimated it will raise $1bn from the sale.
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Calls for consolidation in the European mobile market grow louder by the week and four-operator markets look increasingly challenged. Now, those mobile operators that have already built scale seem to be suggesting that there is no option but to expand yet further through diversification.