Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Zynga’s rally fizzled Wednesday, and if you’d listened to Sterne Agee’s Arvind Bhatia, it never would have happened at all. Bhatia began to question the business model behind the world’s biggest social-games creator even before its public debut last December. Zynga then spent much of January below its IPO price, but now enjoys an average […]
Bhatia will look at Zynga’s daily traffic, too, which was down some 6% in December and up just 2.8% for the year, according to Appdata.com, which tracks Facebook applications’ traffic. If Zynga fails to bring in new users—people possibly more willing to pay—it must turn existing users into payers. Bhatia doubts Zynga could do that […]
The company’s main stream business is virtual commodities sale on FarmVille, like tractors, land, seeds and whatnot. These articles though make a huge sum of money for Zynga, many tout it as non-existent. However, this is a propaganda created by some tech and trade geeks. FarmVille tractor is no more virtual than a 1000 songs […]
Zynga Inc. announced its Initial Public Offering on December 16 to raise a Billion dollars in capital. However, the online gaming company’s equity quest did not go well on the first day of the business. Initiated at $10 a share, the market took the offer lightly and the share price went down 5 percent within […]
People who visit online gambling websites prefer it for entertainment purposes rather than to make money or for finding financial returns. Studies done on this type of betting showed that those involved in Internet gambling are mainly interested in the convenience and accessibility (in fact almost 90% play at home). The social changes of recent […]
