Facebook Backs Zynga As Game Developer Shrinks
Despite a bleak third-quarter financial report from game developer Zynga, Facebook still believes the company can rebound. After Co-Founder and CEO Mark Zuckerberg noted that the company's revenue from Zynga has dipped 20 percent, a Facebook representative told select members of the media Thursday that the social network still has faith in the struggling game maker.
Despite a bleak third-quarter financial report from game developer Zynga, Facebook still believes the company can rebound. After Co-Founder and CEO Mark Zuckerberg noted that the company’s revenue from Zynga has dipped 20 percent, a Facebook representative told select members of the media Thursday that the social network still has faith in the struggling game maker.
Zynga, the leading creator of Facebook games, is going through a rough economic patch. The company laid off more than 100 employees and will close its Boston office, with more closures possibly on the way.
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