May 2, 2014

Facebook "Break it Off" With a Major Producer of Games for Social Networks

Social network Facebook and game developer Zynga announced that break the partnership agreement, reports Reuters. Company reached an agreement to modify the terms of the transaction of 2010.

The new arrangements give the designer more freedom of games, but Zynga limit the ability to promote your site on Facebook and to attract users of the social network.

Now visitors gaming site will not be able to see on your profile with your Facebook friends or post messages in the course of the game.

The new agreement will also allow Facebook to develop their own games, however, said a source familiar with the plans, the social network is not going to develop their games.

Zynga Leaving Facebook Graph Image

It is noted that these news pushed shares of both companies down. In this paper Zynga increasingly cheaper than stocks Facebook.

Recall that in December 2011. company Zynga raised $ 1 billion in an initial public offering (IPO). Facebook was placed in May 2012., Raising about $ 16 billion

Zynga Inc. is a manufacturer of games for social networks. Among the most notable projects of the company - the game FarmVille for Facebook (the Russian equivalent - the game "Happy Farmer" social network "VKontakte") and CityVille.

Social network Facebook was founded by Mark Zuckerberg in 2004. Now there are more than 830 million registered users. About 500 million people in the world come to the site every day. According to unofficial data, 10% of Facebook is now owned by the fund Digital Sky Technologies Yuri Milner and Alisher Usmanov.

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