Zynga blames Facebook for share price fall
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Zynga has blamed a massive share price fall on Facebook.
The maker of FarmVille, CityVille and Mafia Wars saw share prices fall 40% yesterday.
Chief operating officer at Zynga, John Schappert, claimed the fall was down to Facebook making changes.
He said: “Facebook made a number of changes in the quarter.
“These changes favoured new games. Our users did not remain as engaged and did not come back as often.”
Zynga boss, Marc Pincus, said the company will be focusing on creating games for mobile devices in the future.
He said: “Getting beyond the Facebook web footprint through mobile is going to give us more growth opportunities for games.”
Last month Zynga announced FarmVille 2.