How much did Zynga buy OMGPOP’s Draw Something for?

The app gaming company OMGPOP had a lot of failed attempts before getting it right with DRAW SOMETHING.  Much like pictionary, the game is an overnight success which can be played on your Iphone, and Android phones.  It has been in the top spot for Free and paid charts for weeks, with the free version […]

Top Social Networking Billionaires 2011

Forbes revealed that billionaires from social networking made the Forbes World’s Billionaires list. 1. Mark Zuckerberg United States Net Worth:  $ 13.5 billion Company: Facebook The first on the list is a guy who everybody has heard of and that’s Facebook’s Mark Zuckerberg. It was only in January that we wrote of his personal fortune being […]

how much are web 2.0 companies like zynga, tweeter, facebook worth?

ON FACEBOOK: $50-60 Billion Just this early 2011, Facebook has received $450 million from Goldman Sachs and $50 million from Russian investment firm Digital Sky Technologies. Facebok has raised more than $800 million over five rounds of funding. With this round, the social network will have raised more than $1.3 billion. The New York Times […]

How does Zynga make money? Their business model and revenues

Zynga has made over $450-$600 million in sales in 2010. So how do they do it? Zynga’s business model is based on getting people addicted to its games and then getting them to both enlist others to join and/or buy virtual goods, both of which help players get further along in those games. Sounds simple, […]

Cityville becomes number one facebook app

As of Jan. 2, CityVille had 82.3 million monthly active users but just recently, they passed 100 million monthly active users in Facebook’s latest stats update. The game now stands at 100,064,578 MAU, with 18,591,715 daily active users. The day before Christmas, CityVille already surpassed FarmVille as Facebook’s biggest game ever.  It has been only […]

Enterprising pinoy: facebook poker chips for sale

In one of the Facebook (a social networking site much like Friendster) applications called Texas Hold’Em Poker, I once again saw the hand of our enterprising Pinoy brothers/sisters. Each table may seat 9 participants, and onlookers who “Watch” over the table may freely comment in the player chat section below. Every now and then, I […]

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