News Brief
Game Face: Zygna May Delay $1B IPO
Aug 29, 2011, 6:30 PM
Zynga, the social games maker, may delay its plans for an IPO, worth up to $1 billion, due to poor market conditions and questions from the SEC, reports Reuters. The government agency SEC wants to know how Zynga measures its daily and monthly users, as well its bookings, CNBC reported. Zynga is the leading publisher of games on Facebook, such as FarmVille.
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