THESE FORUMS NOW CLOSED (read only)

Fun Stuff => CLIKC => Topic started by: Tom on 28 Feb 2011, 13:15

Title: News Sorp bought a game developer
Post by: Tom on 28 Feb 2011, 13:15

Apparently Murdoch and co. intend to "out-zygna zygna."

http://venturebeat.com/2011/02/25/making-fun-video-games-news-corp/

Title: Re: News Sorp bought a game developer
Post by: David_Dovey on 28 Feb 2011, 13:24

(http://cdn.venturebeat.com/wp-content/uploads/2011/02/john-welch.jpg)

 :psyduck:

JOHN WELCH IS WATCHING YOU SHOWER

Title: Re: News Sorp bought a game developer
Post by: Tom on 28 Feb 2011, 13:36

Oh god, and he makes me feel like I need a hot shower. It's a never ending cycle of creeping disgust.

Title: Re: News Sorp bought a game developer
Post by: est on 28 Feb 2011, 14:45

Hey I thought that Google bought out Zynga a while back.  Did that not happen?

Title: Re: News Sorp bought a game developer
Post by: est on 28 Feb 2011, 14:48

Ah ok no, they're just invested in them.

Also though:

Quote

As reported by Bloomberg and others,[13] stock trades on the private stock sale service SharesPost established a valuation of above $5 billion for the company, greater than the public market capitalization of gaming industry leader Electronic Arts and has more than 320 million registers users, 1,300 employees and estimated revenues above $500 million for 2010

Shit like this just confirms to me that there's a bunch of services/companies that are massively over-valued at the moment, and a new tech bubble is in effect.