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Mark Pincus didn't mince words during Zynga's Q3 call: he admitted Zynga didn't innovate on...

Mark Pincus didn't mince words during Zynga's Q3 call: he admitted Zynga didn't innovate on content and features; that new games weren't introduced quickly enough; and that execution is to blame for Facebook gaming share losses. Several studio closures are part of Zynga's restructuring, as are plans to make more "high-engagement" mobile titles - mobile is now 20% of bookings. New video ad solutions (previous) are also on tap. ZNGA +13.2% AH. FB +1.3%, adding to the day's big gains. (live blog) (Q3 results: I, II)
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Comments (4)
  • stelin200000
    , contributor
    Comments (56) | Send Message
     
    Good entry point now, im buying 20.000 shares ^^
    24 Oct 2012, 06:15 PM Reply Like
  • Silver Surfer
    , contributor
    Comments (73) | Send Message
     
    You realize the first of several lockouts are still pending, right?
    24 Oct 2012, 06:51 PM Reply Like
  • stelin200000
    , contributor
    Comments (56) | Send Message
     
    Silver... are you talking about FB or zynga?

     

    I'm talking about zynga, 97% float
    24 Oct 2012, 07:03 PM Reply Like
  • inkyx
    , contributor
    Comments (524) | Send Message
     
    I've got 20000 shares, I guess it's time to buy more.
    24 Oct 2012, 08:53 PM Reply Like
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