Zynga's Core Biz In Further Implosion Trouble - Facebook Is Better Off
by Alex Heisenberg
In addition to an already imploding business which I forecasted in my Zynga (ZNGA) September article, then detailed its implosion acceleration in my next article earlier this month, more bad news out after the close Thursday in an SEC filing. Zynga.com will no longer cater to Facebook (FB) in terms of ads or payments, and Facebook will no longer give Zynga special status on its platform. In addition, Facebook is now free to make their own games and compete directly with Zynga. Ouch. With a capital "O" -- it's already quickly dying core business depends on it. read more »
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