OMGPOP costs Zynga $85 to $90 million — Zynga may have overpaid for Draw Something developer OMG. The company revealed yesterday it will write down between $85 to $90 million of its initial $180 million purchase price. As The Next Web points out, that’s almost $500,000 a day in losses since Zynga announced the acquisition on March 21.
More Windows 8 devices arriving soon — With the imminent release of the Windows 8 OS, more details are emerging about mobile devices running the OS. According to AT&T, Nokia’s Windows 8-based Lumia 920 and 820 will be available in November. Microsoft has also begun inviting the press to an Oct. 26 midnight launch party for its Surface line of tablets.
Treater debuts mobile apps — Gift giving service Treater has made the jump to mobile with native iOS and Android apps. The service allows its users to instantly send real-life gifts such as spa visits or even a round of drinks at a bar. Gifts bought through the service are delivered as virtual gift cards through email, SMS or Facebook posts.
Appcelerator launches Innovation Fund — Mobile app development platform provider Appcelerator has created the Appcelerator Innovation Fund to help startups building apps on its platform, reports TechCrunch.
Amazon Appstore opens doors to Japan – The Amazon Appstore is now allowing developers to submit their apps for distribution in Japan when the service launches in that country later this year.
Pocket Change integrates with GameMaker: Studio – Universal loyalty currency provider Pocket Change has partnered with YoYo Games to have its product directly integrated into YoYo’s GameMaker: Studio.
We Heart Pics wins Facebook hack award – Mobile photo sharing app We Heart Pic was named a winner at the Oct. 1 Facebook developers hack in Moscow. The app received first prize in the Best Mobile Application category. The company plans to integrate the new functionality it created at the hack into its app soon.
Kiip coming to Passbook — Real-life rewards network Kiip will soon be integrated directly into iOS 6’ Passbook. Consumers will be able to redeem coupons for Kiip rewards directly from notifications, emails and Kiip’s app.
[RUMOR] iPad mini in production — Apple has already started production on a 7.85 inch “iPad Mini”, according to the Wall Street Journal.
[Funding] Contacts+ raises $1 million seed round — Contact aggregator Contacts+ has raised $1 million in seed funding, reports TechCrunch. The funding comes from TriplePoint Ventures, Tencent, TMT Ventures and others.