PopCap proves to be a good buy for EA, so far

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Last year, EA acqiored PopCap for a substantial sum. PopCap’s first financial results following the acquisition suggest EA did the right thing. Accoding to its financial report, PopCap’s revenue has increased 30 per cent year-on-year. This doesn’t necessarily mean profit was also up, but it does mean PopCap is selling…

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PopCap proves to be a good buy for EA, so far

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Last year, EA acqiored PopCap for a substantial sum. PopCap’s first financial results following the acquisition suggest EA did the right thing. Accoding to its financial report, PopCap’s revenue has increased 30 per cent year-on-year. This doesn’t necessarily mean profit was also up, but it does mean PopCap is selling…

Read More

Zynga to officially be a $1 billion company

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Social gaming specialist, Zynga, has priced its shares at $US10 a pop, following its formal IPO and stock market listing tomorrow. It’s offering 100 million shares too, which will raise the company a massive $1 billion in cash.That’s a lot of virtual carrots. It’s also the biggest tech company listing…

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Zynga to officially be a $1 billion company

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Social gaming specialist, Zynga, has priced its shares at $US10 a pop, following its formal IPO and stock market listing tomorrow. It’s offering 100 million shares too, which will raise the company a massive $1 billion in cash.That’s a lot of virtual carrots. It’s also the biggest tech company listing…

Read More

THQ financials; sad panda

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We’re having a bit of a financials news day, aren’t we? It’s not as rosy for THQ. The quarterly loss for the company’s second quarter (ended September 30) saw the company lose $US92.4 million; a massive jump from the corresponding previous quarter’s loss of $47 million. It wasn’t that the…

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THQ financials; sad panda

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We’re having a bit of a financials news day, aren’t we? It’s not as rosy for THQ. The quarterly loss for the company’s second quarter (ended September 30) saw the company lose $US92.4 million; a massive jump from the corresponding previous quarter’s loss of $47 million. It wasn’t that the…

Read More