Game Company Zynga Files for IPO

Zynga

Zynga

Online videogame maker Zynga has filed for its initial public offering. The creator of the super-popular Facebook game FarmVille expects to be valued as high as $20 billion. Unlike many recent tech IPOs, Zynga is actually making profit, taking in a net income of $91 million last year. Read the full article at VentureBeat.com

 

Author:

Shelly Palmer

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).