social gaming

Zynga files for IPO, says its future is mobile

Social gaming giant Zynga has filed for its much-anticipated initial public offering in the US. While the company has yet to put a price tag on the shares, as part of the process of calculating its registration fees with the Securities and Exchange Commission (SEC), Zynga has estimated it will raise $1bn from the sale.

RIM acquires social-gaming outfit Scoreloop

In a clear bid to make up ground lost to Android and iOS devices, embattled Blackberry maker Research in Motion (RIM) has announced its acquisition of German social-gaming outfit Scoreloop. With sales of the Blackberry PlayBook reported to be less than stellar, commentators are suggesting that Scoreloop’s in-app billing capabilities played a hand in the deal as RIM looks to play catch-up in an increasingly cut throat apps market.