Daily Report: Worries for Facebook in Zynga's Earnings - NYTimes.com ⇢

As goes Zynga, so goes Facebook?

NY Times

Weak second-quarter financial results for Zynga — and worse expectations for the rest of the year — sent its already faltering stock down in after-hours trading Wednesday by more than a third, David Streitfeld and Jenna Wortham report in Thursday’s New York Times.

The unexpected news was seen as boding ill for Facebook, which is closely tied to Zynga and will issue its first earnings report as a public company on Thursday. Facebook shares were down 5.4 percent in premarket trading.

For Zynga, a Silicon Valley darling whose public offering last December seemed to herald a wave of tech success, just about everything went wrong at once.

A brief list: Facebook made changes to its gaming platform that hampered Zynga regulars. A critical new game, the Ville, was delayed. Another new game, Mafia Wars II, just was not very good, executives conceded. The heavily hyped Draw Something, acquired in March, proved more fad than enduring classic. Some old standbys also lost some appeal.

Like I said recently, in three years Facebook is going to feel like riding in a buggy.

26 July 2012 86
zygnafacebookearnings

Notes

  1. perhap-seen-this-before reblogged this from gcsingh
  2. dont-skip reblogged this from gcsingh
  3. b3autifully-min3 reblogged this from gcsingh
  4. fav-insider reblogged this from gcsingh
  5. gcsingh reblogged this from justbeingseriouslysocial
  6. rhm2k reblogged this from emergentfutures
  7. emergentfutures reblogged this from stoweboyd
  8. sociaholic reblogged this from wowheadkicks
  9. whitedreamangst reblogged this from wowheadkicks
  10. jumpingmokeys reblogged this from stoweboyd
  11. unicorn-meat-is-too-mainstream reblogged this from justbeingseriouslysocial
  12. wowheadkicks reblogged this from social-coffeemachine
  13. social-coffeemachine reblogged this from justbeingseriouslysocial
  14. losingdreamsbynight reblogged this from justbeingseriouslysocial
  15. bilkul-minimum reblogged this from justbeingseriouslysocial
  16. mahasocial reblogged this from justbeingseriouslysocial
  17. sociaalanxiety reblogged this from justbeingseriouslysocial
  18. social-blog reblogged this from justbeingseriouslysocial
  19. jackutter reblogged this from justbeingseriouslysocial
  20. 3gindians reblogged this from justbeingseriouslysocial
  21. mcr-religion reblogged this from justbeingseriouslysocial
  22. utterlol reblogged this from justbeingseriouslysocial
  23. brainstastelikebaconpancakes reblogged this from justbeingseriouslysocial
  24. peppermintsintheparlor reblogged this from justbeingseriouslysocial
  25. thelongestyards reblogged this from justbeingseriouslysocial
  26. wacky-thoughts reblogged this from justbeingseriouslysocial
  27. unusuallytypical reblogged this from justbeingseriouslysocial
  28. courtshipritual reblogged this from justbeingseriouslysocial
  29. socialabc reblogged this from justbeingseriouslysocial
  30. spontaneousmoment reblogged this from justbeingseriouslysocial
  31. fusionoflight reblogged this from justbeingseriouslysocial
  32. crystal-wisdoms reblogged this from justbeingseriouslysocial

← Previous Post Next Post →

About

Web anthropologist, futurist, author. My focus is the future, and the tectonic forces pushing business, media, and society into an unclear and accelerating future. more.

Working on longer format projects, Sign up for the newsletter.

GigaOM Research analyst and curator.

Also writing beaconstreets.com.

Contact me. or ask me a question.



My Vizify profile.

Socialogy

  • John Hagel | John offers up some great insights, like the fact that passion is lower the larger that businesses get.

  • Euan Semple | A chat with my old pal, and the author of Organizations Don't Tweet, People Do

  • Will McInnes | The author of Culture Shock and managing director of Nixon/McInnes

  • Jennifer Magnolfi | An interview with the woman who said, 'Work is not a place you go, it's a thing you do'.

    • Hot Now

  • What Drives Us? | A draft chapter of my book, discussing motivations, Maslow's hierarchy, and fluidarity.

  • Socialogy: Interview With John Hagel | I Speak with Joh Hagel about the innovation at the edge.

  • Complex organisation arises from webs of interaction among causal factors | So, it turns out that DNA is, in fact, a great metaphor for business culture, but only after you realize that DNA is not a few hundred off-on switches, but instead a universe of unknowable complexities, that we can interact with, and understand at some abstract cartoonish level, but not control, and never fully comprehend.

  • Bitcoin May Be the Global Economy’s Last Safe Haven | Paul Ford

  • Innovators Get Better With Age | Companies make a mistake by relying too much on the innoations of the young, because Nobel laureats don't come into their prime until their 50s.

    • Oldie

  • Infodemics | 2009 | Passing incomplete or inaccurate information about some risk event can make people take actions that increase the damage of the event itself.

    • Lynx theme created by Andrew Stichbury for Tumblr.