Empower Network

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This is another story, that ranked high on the search engines today.

NEW YORK — Shares of Zynga slumped Friday after it disclosed with its partner Facebook that they have loosened their close ties to one another.

THE SPARK: The companies said in regulatory filings Thursday that they have amended their 2010 contract to say Zynga will no longer have to display Facebook ads or use Facebook payments on its own properties, such as Zynga.com.

In addition, Zynga, which makes the games “FarmVille” and “CityVille,” will no longer be required to use Facebook as the exclusive social site for its games, or to grant Facebook exclusive games. Any social game Zynga launches will also be available on Facebook either at the same time or shortly after it launches elsewhere.

….read more at : http://www.huffingtonpost.com/2012/11/30/zynga-stock-price_n_2220637.html?utm_hp_ref=technology

Pachter rates Zynga “Outperform” with a target price of $4.

STOCK ACTION: Shares of San Francisco’S Zynga Inc. fell 19 cents, or 7.3 percent, to $2.43 in afternoon trading. Zynga went public in December 2011 at a price of $10 per share but its stock have fallen sharply amid concerns about its ability to keep growing quickly.

This was another great blog written to you by My Daily Services

“Zynga Stock Price Falls After Facebook Announces It Can Create Its Own Games” huff.to/11skelQ

— Bill Huet (@Odddjobb) November 30, 2012

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