Photo Credit: StockMonkeys.com.

Boxed is not a Costco-killer, it’s a Costco reseller

Will Costco be killed by mobile? Maybe, but it won’t be by Boxed, a mobile app that delivers large quantities of consumer packaged goods to your front door. GeekWire has learned that the start-up is not the threat it is being made out to be — rather, it is generating additional revenue for the Issaquah, Wash.-based warehouse club. A Costco spokesman said Boxed is… Read More

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Zynga beats Q1 expectations with $168 million in revenue, driven by mobile improvements

For the first time, Zynga said more people are playing its games on phones than they are computers, indicating that the social-gaming leader has started to make progress on becoming a mobile-first company. In the first quarter, the San Francisco company lost $61.2 million, or 7 cents a share, on revenues of $168 million to beat analyst expectations of $148… Read More

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Zynga shuffles the decks: Xbox’s Alex Garden named president of studios; Pincus steps down from product role

As part of the game company’s first-quarter earnings, Zynga has made a number of executive-level changes, hinting that it needs to do even more before it can complete a full turnaround. Starting at the very top, Founder Mark Pincus will no longer serve in an operational role, and will step down as chief product officer. He… Read More

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Interview: PopCap’s John Vechey says mistakes were made, but selling to EA wasn’t one

Since PopCap was acquired by Electronic Arts nearly three years ago, the Seattle-based game maker has had its fair share of troubles: Layoffs, game cancellations, studio closures and executive departures. But PopCap’s co-founder John Vechey, who was named as the executive in charge of PopCap in January, said he can’t blame the problems on Electronic… Read More

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Zynga shuts down Seattle office amid company-wide layoffs

Zynga announced today that it is laying off 314 workers and it looks like the company is shutting down its Seattle office in the process. A company spokesperson wouldn’t offer any specific details past what Zynga’s press release noted, which was a 15-percent reduction in workforce that was a “global reduction impacting multiple locations.” However,… Read More

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Bang with Friends sex app reaches settlement with Zynga over ‘With Friends’ trademark

Bang With Friends Inc., makers of the controversial Bang With Friends app, will be forced to change its company name after reaching a trademark settlement with Zynga. The two companies reached an agreement today, with a Zynga spokesperson telling AllThingsD that Bang With Friends will be “changing its name and rebranding its services,” as part of… Read More

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RealNetworks buys social casino game Slingo for $15.6M as ‘Zynga Slingo’ shuts down

RealNetworks’ GameHouse division continued making a splash in the social gaming arena today, announcing the acquisition of social casino company Slingo Inc. for $15.6 million. Slingo is an immensely popular online game with billions of plays over its 17-year-old history. Interestingly enough, Slingo set up a partnership with Zynga in March 2012, which helped bring Slingo to Facebook. But just… Read More

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Three top execs leave Zynga

Don Mattrick is cleaning house at Zynga, it seems. Bloomberg reports today that three top executives at the social gaming company have left, citing unnamed sources familiar with the matter. Nathan Etter, who used to be a Vice President of Games at the company, now lists himself on LinkedIn as a Vice President at the… Read More

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Cha-ching: Double Down posts big profits again, expands social casino globally

Things are rolling for Double Down Interactive. The Seattle-based maker of casino-style social games that was gobbled up by Las Vegas-based International Game Technology for as much as $500 million last year saw its second quarter revenues increase sequentially by 31 percent to $54 million. This comes after the company pulled in $128 million within 12 months following the IGT acquisition…. Read More

Zynga's mission statement adorns the wall at the company's Seattle office

Zynga trims Seattle office

Zynga’s 2-year-old Seattle engineering office was largely spared in the game maker’s most recent layoff announcement, especially when compared to other branch offices that were reportedly shut down. But the layoffs of 18 percent of Zynga’s workforce are still having an impact in Seattle, though fairly minimal. According to a filing with the State of Washington’s… Read More

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Tech Moves: Oracle sales vet joins Microsoft; Zynga changes; SNUPI snags Paulsen from Impinj; etc.

Judson Althoff has been named president of North American sales and marketing at Microsoft, joining the company from Oracle where he worked for 14 years. At Oracle, he most recently served as senior vice president of worldwide alliances and channels and embedded sales. Before that, he worked with EMC. Althoff will report to Microsoft chief operating officer Kevin… Read More

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Zynga lays off employees; no changes to Seattle office

Social game publishing company Zynga today announced the closure of its Baltimore office and consolidations at three other studios. The Seattle development office was not affected, a Zynga spokeswoman told GeekWire. “In an effort to leverage resources as we focus on creating franchises and driving profitability, Zynga has made changes to four of our US… Read More

All signs point to a Zynga IPO

Zynga shares free-fall after announcing forecast cuts

San Francisco-based Zynga pre-announced significant forecast cuts for its full-year earnings report on Thursday and is now seeing the affects today. Shares of the game maker, which has a local development office in Seattle’s Pioneer Square neighborhood, fell 20 percent to $2.25 at 6:40 a.m. That’s the lowest intraday price since Zynga went public last… Read More

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The Sims vs. The Ville, EA files suit against Zynga

Electronic Arts‘ has apparently had enough of its too-close-for-comfort neighbors The Ville. The gaming giant has filed suit against Zynga, accusing the game maker of essentially ripping off their popular game The Sims Social. The copyright infringement case was filed in a San Francisco federal court today, calling The Ville an “unmistakable copy” of The… Read More