No breakup: Facebook, Zynga commit for 5 years

May 18, 2010

(AP) -- Quelling rumors of a breakup, Facebook and the company behind many of the most popular games on the social network say they've signed a five-year partnership that will keep "Farmville," "Mafia Wars" and "Cafe World" on the site.

Zynga's games are popular distractions on Facebook. The games have more than 230 million active users monthly. Of these, 65 million play every day, tending to virtual farms and aquariums, playing poker or taking out rival mob bosses. Zynga makes money by selling advertising and virtual goods for the games.

Facebook's user base, meanwhile is approaching 500 million. The companies aren't giving details on the . But its existence should put to rest recent worries that Zynga was planning to leave for greener pastures, such as its own gaming site.

Explore further: Social Security spent $300M on 'IT boondoggle'

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Electronic Arts acquires Playfish for $275 million

Nov 09, 2009

(AP) -- As its packaged video games business lags, Electronic Arts Inc. has snapped up Playfish Inc., the creator of popular social networking games such as "Who Has the Biggest Brain" and "Pet Society," for $275 million ...

Social network for gamers helps friends play

Jul 22, 2009

(AP) -- Raptr, a social network targeting gamers, is hoping to make it easier to see what your friends are currently playing on a broad range of platforms such as the Xbox 360 and personal computers.

MySpace upping ante in online social games

Mar 10, 2010

MySpace on Wednesday began courting videogame developers as it moved to capitalize on the booming popularity of playing games online at social networks.

Recommended for you

Social Security spent $300M on 'IT boondoggle'

10 hours ago

(AP)—Six years ago the Social Security Administration embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims.

Six charged in global e-ticket hacking scheme

10 hours ago

Criminal charges were filed Wednesday against six people in what authorities said was a global cyber-crime ring that created fraudulent e-tickets for major concerts and sporting events.

User comments : 0