Daily Archives: 4 July, 2011

Zynga plans to raise $1bn but analysts are worried over its Facebook dependency

Online social games company Zynga has said it plans to raise $1bn through an initial public offering, but also warned that a potential falling out with Facebook could derail its float.

If Zynga falls out with Facebook or Mark Zuckerberg & Co decide to grab a larger slice of the social games market for themselves, what happens then? Understandably some analysts are worried by this. Read More »

Fox News Twitter account hacked, declares Obama assassinated

One of the official Fox News Twitter accounts was hacked this morning and has been tweeting that President Barack Obama was shot and killed.

The half a dozen fake tweets on the @FoxNewsPolitics Twitter began two hours ago tweeting that Obama had been shot twice at a Ross’ restaurant in Iowa while campaigning. Read More »