Zynga has announced the purchase of Turkish mobile games developer Peak for $1.8 billion, skyrocketing share price at a firm credited with being one of the first to break the mobile gaming sector.
Social networking site Facebook has posted a $59m net loss for 3Q12, which it has attributed to high taxation. The loss was made despite revenue increasing by 32 per cent year on year from $954m to $1.26bn, as the firm stepped up its efforts in mobile advertising.
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.
Chinese Telco China Telecom is dropping some cash on a new quantum computing division, according to a report. https://t.co/qTHcsQJIwC
01 June 2023 @ 17:27:17 UTC
A report - commissioned by Vodafone and carried out by STL Partners - estimates there will be 88 million devices ne hhttps://t.co/OzPN3Sj0pa
01 June 2023 @ 15:47:30 UTC
Nokia and Sigma Wireless Communications will install a private mobile network for Irish energy company ESB Networks. https://t.co/0FKKddncLT
01 June 2023 @ 11:06:52 UTC
