When a company so new and so fresh off of a cash infusion from going public starts to make cost-cutting decisions surrounding their primary product, it doesn’t bode well for the future of the company. That seems to be the direction that Zynga may be heading after shutting down 11 of their titles. According to Techcrunch: The San Francisco-based company had overextended itself. During its heyday on Facebook it built dozens of games, then aggressively launched mobile games as smartphones gained popularity. It didn’t seem like a problem when the company was preparing for a big IPO. The “big IPO”…

Back in May, Facebook owners and Nasdaq suffered embarrassing mistakes at the loss of investors. Eyes are back on the social media company as settlements are argued over in New York courts and recent information about the company hiding data about mobile risks before their initial public offerings paints Facebook in an even worst light. …

The presumptions of reporters are often baffling. Bloggers (myself included) are usually worse, but when everyone in the tech blogging world and even respected journalists at the NYTimes start talking about “inexperience” and “hasty negotiations” being behind the losses in paper wealth that the founders of Instagram are taking, I have to wonder why they get paid to write at all. In hindsight, Instagram probably should have cut a different deal with Facebook rather than go along for the ride with the majority of the purchase tied to stock without the protections that most mergers of this type…

I said over a year ago that Facebook would be the worst tech investment in history. It’s now being confirmed as the worst performing IPO on record. Shortly after launching, I said that it would drop to $17 within a year, over 50% below its opening price. @robfontano @emiltsch OK. 1 Year. I say Facebook will be $17 1 year from today. Over/Under? — JD Rucker (@0boy) June 5, 2012 Sadly, I may have been too optimistic. Shares fell to a new low today after the initial lockout period for early employees ended: Rules expired Thursday that had restricted some early investors from selling down their stakes…

After hitting the market hard, then getting hit hard by the market, Facebook’s tumultuous IPO has hit a new low, closing at $28.84 yesterday and losing more after hours to rest at $28.69. Some of the “smart money” made claims last week and before that they were going to wait until Facebook went south of $30 before buying. That time has come. Will they buy? The answer would probably be yes if it weren’t for foolish semi-confirmed reports that Facebook is building a phone. If the rumors turn out to be true, many will run from the risky endeavor which would take the virtual world of social media and add in…

In Aladdin, when Jafar was pulled into the lamp after making a monumental mistake of going for too much power, he grabbed his untrusty sidekick on his way down to be stuck in lamp limbo together. The same things seems to be happening with Facebook and Zynga; as Facebook’s IPO crumbles, Zynga’s shares continue to sag. In this Chart of the Day by Statista, it’s easy to see how the fate of the larger company is dramatically affecting the future of the smaller, dependent company. Click to enlarge. Related articles An Inside Look at Zynga’s Bribable Approach to Customer Loyalty (dailyfinance.com) Zynga,…

Day one was a disappointment as there was no “pop”. Day two was even worse, showing the shares slide 11% to close at $34.03. Is this a bad sign for the long term? No. Not necessarily. The new billionaires in Palo Alto will not become millionaires any time soon and the shares aren’t going to drop much further than they already have. They likely won’t go much higher than their IPO value, either, until some big news about how the infusion of money is being invested hits the wire. Until then, expect a few gains, a few losses, and an overall stabilization of the stock for the next few weeks. This was all created…

The best that could have happened in tech blogging would have been for Facebook’s IPO to “pop”. We still would have watched closely but there would have been no need to analyze it in-depth. As any good doctor after a successful operation, we would have clapped our hands and monitored. Instead, we’re stuck trying to break down exactly what happened on Friday and more importantly what will happen in the coming weeks. In short, Facebook ruined a lot of tech and business bloggers’ weekends. Here is a video of analysis that will help to determine if this was simply Facebook and its bankers pricing the IPO…

While there is definitely a lot of interest in Jimmy’s Fish Stick Company’s upcoming IPO, the main focus is on Facebook. The social networking giant has the most anticipated initial public offering in history that will likely value the company in the 12-digits. Whenever something is this big, someone is bound to make a fact-sheet on them. That’s exactly what MBAOnline.com did in this infographic. Click to enlarge. Created by: MBAOnline.com Related articles #Facebook IPO: It’s NOT A Double Rainbow But What Does It Mean [Infographic] (anisesmithmarketing.com) Facebook IPO Particulars [Infographic]…

Just ahead of the much-discussed Facebook IPO, General Motors announced that they plan to cease advertising on the social networking site. They will continue to market on Facebook through the free Facebook pages but will not be paying Facebook for ads. Their reason is something that most ads executives have considered at one point or another when looking at Facebook: will it help sell more products? General Motors determined that it was not helping them sell more cars. While their $10 million annual spend on Facebook was a tiny fraction of both their advertising spend ($1.8 billion) and Facebook’s…