Zynga's Stock Explodes After Report Says Microsoft's Xbox Boss Has Left To Possibly Be The New CEO (ZNGA)

Zynga's Stock Rises On Microsoft Exec Departure - Business InsiderFeaturedTrendingRecent Login Remember me I forgot username or password Login with Twitter Login with Facebook Login with LinkedIn Login with Google Register EventsBI IntelligenceTechFinancePoliticsStrategyLifeEntertainmentAll Tech Enterprise Science 15 Apps Everyone Is Talking About Right Now This Is The Incredible Cafe At Microsoft Where The Food Is Better Than... After Selling Bebo For $850 Million Then Watching It Die, Founder... Why Local-Mobile Marketing Is Exploding The 50 Most Powerful People In Enterprise Tech Faced With Sluggish Surface Sales, Microsoft Is Pulling Out Its Secret... It's Time To Be More Strategic About Your Energy Use IBM Has Laid Off More Than 3,000 People In North America So Far, Labor... Arizona Firefighters Used These Last Resort Shelters Before Dying In A... 15 Of The Coolest, Most Incredible Science Fair Projects You've Ever Seen Your Testicles Have Taste Receptors 8 Ways To Stay Cool If You Don't Have Air Conditioning Finance Markets Your Money Here's What Happened In The Complex Commodity Trade At The End Of... Finance Blogger Says He's Getting Hosed By A Secret Fee Called 'The... Let's Take A Second To Remember How The American Banking Landscape Has... Why Some Of The World's Biggest Funds Are Getting Slammed Meanwhile, Bitcoin Prices Have Been Crumbling... Global Manufacturing Is Slowly Expanding, But Employment Is Now On The... California Has A Historic Opportunity To Reduce Its Debt ... And It... The Winklevoss Twins Would Like To Help You Trade Bitcoins With Their... These Are The Best And Worst Things To Buy In July Here's What Happens If You Don't Sign Up For Obamacare 13 Scientifically Proven Ways To Be A Happier Person Finance Blogger Says He's Getting Hosed By A Secret Fee Called 'The... Politics Military & Defense Law & Order EDWARD SNOWDEN: The Obama Administration Is Using 'Old, Bad Tools Of... A Lot Of People Are Wondering Whether Edward Snowden Actually Wrote His... PUTIN: We'll Never Hand Over Edward Snowden To The US GEORGE BUSH: Edward Snowden 'Damaged The Security Of The Country' COUNTDOWN TO A COUP: Egyptian Military Says Government Has 48 Hours To... Video Shows Stunt Pilot Losing Control And Crashing Plane In German... The Mounties Are Canada's Swiss-Army Knife Of Elite Law Enforcement ROBERT GATES: The Biggest Threat To National Security Is Located In DC Sandy Hook Massacre Mirrors A Mass Shooting That Happened 20 Years Ago George Zimmerman Prosecutors Messed Up The First Week Of His... George Zimmerman Kept Calling Trayvon Martin 'The Suspect' In His First... CNN Accidentally Broadcasts George Zimmerman's Social Security Number Strategy Careers Advertising Retail Small Business LINKEDIN POWER USER: '95% Of My Business Comes From Connections' Atlanta Startup Offers A Smarter, Cheaper Bike-Sharing Program INSTANT MBA: Keeping Employees Motivated Is More Important Than... Samsung Planted A Famous Producer In Jay-Z's New Ad As A Prop Firefox Got A New Logo — But Can You Tell The Difference? A German Company Is Using Edward Snowden To Sell Lingerie The 25 Most Influential Ad Execs On Twitter These Are The Best And Worst Things To Buy In July 12 Delicious Snack Foods That Americans Are Totally Missing Out On A McDonald's Franchise Is Causing Political Uproar In Israel Wendy's Pretzel Burger Launched Today — Here's The Verdict 33 Startups That Died Reveal Why They Failed How The DOMA Strike-down Affects Business Owners Life Transportation 13 Scientifically Proven Ways To Be A Happier Person 34 Things Every New Yorker Should Do This Summer 8 Cringeworthy High School Yearbook Typos [NSFW] A UVA Student Spent The Night In Jail After Cops Mistook Her Bottled... San Francisco's Transit Strike Is Creating Insane Traffic Why Planes Can't Fly In Extreme Heat 7 Reasons Why We're Still Asking Questions About The Crash Of TWA Flight... Why Extreme Heat Turns Train Tracks Into Spaghetti Entertainment Sports 12 Former Porn Stars That Now Lead Boring, Normal Lives Cirque Du Soleil Performer Plunges To Her Death During Live Vegas Show 'The Lone Ranger' Reviews: It's As Awful As Everyone Thought It Would Be Kevin Bacon Documents Trip To ER After Wife Kyra Sedgwick Chopped Off... Girl Takes Incredible Selfie While Being Escorted Off A Baseball Field Why The Knicks Traded A Boatload Of Assets For One Of The Most Overpaid... 15 Reasons Why Bryce Harper Is The Oddest Superstar In Baseball Serena Williams Crashes Out Of Wimbledon In A Massive Upset Sections A-ZLatestAdvertisingCareersEnterpriseEntertainmentFinanceMarketsLaw & OrderLifeMilitary & DefensePoliticsRetailScienceSmall BusinessSportsStrategyTechTransportationYour MoneyYour NewsListsSilicon Alley 100Digital 100Silicon Valley 100Clusterstock 50The Most Important ChartsThe Life 50More »Sponsored SectionsThe Future of BusinessMonday Scouting ReportSmall Business, Big IdeasVideo RevolutionToolsHiveJob ListingsDocument CenterAccount PreferencesRegisterVideoMobileFull ArchivesAbout BIAboutJobs at BIMastheadContactAdvertiseContributers FAQLegal Fine PrintFollow BINewslettersAlertsRSSTwitterFacebookLinkedInGoogle+CompaniesAuthorsCategories From To You have successfully emailed the post. Tech More: Microsoft Zynga Mark Pincus Zynga's Stock Explodes After Report Says Microsoft's Xbox Boss Has Left To Possibly Be The New CEO Steve Kovach Jul. 1, 2013, 2:08 PM 1,689 1 Tweet!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");EmailShare on Tumblr

Robert Galbraith / Reuters

Zynga's headquarters in San Francisco.

See Also The 28 Highest Paid Tech CEOs Nokia Buys A Future For $2.21 Billion 6 Reasons Gamers Already Prefer The PlayStation 4 To Xbox One Following Kara Swisher's report today that Microsoft's Xbox boss Don Mattrick has left the company and could be Zynga's new CEO, Zynga's stock is exploding, currently up about 11%.

It would be an interesting move for Mattrick, who cut his teeth running a traditional video game business for Microsoft. Zynga makes mostly mobile and social games for smartphones and tablets and is in desperate need of someone to come in and reinvigorate its business.

Zynga has been in a lot of trouble lately. Before today, its stock was down about 70% from its IPO price in 2011. The company also laid off 520 people, or about 18% of its workforce, last month. Zynga's CEO promised to focus more on mobile gaming following the layoffs.

To embed this post, copy the code below and paste into your website or blog.600px wide (preview)400px wide (preview) 300px wide (preview) Alerts Newsletter URL Recommended For You What Went Wrong At Zynga And Caused Major Layoffs   What Went Wrong At Zynga And Caused Major Layoffs   More: Microsoft Zynga Mark Pincus Get Alerts for these topics »

Steve Kovach $('.icon-tooltip').tooltip(); What I Learned About Technology After Talking To A Bunch Of Teenagers This Weekend Advertisement:Join The Discussion OR Login With Facebook Login With Twitter Login With Google Submit the comment for Insider Status Comments Insiders0All Comments1 Apply To Be An "Insider" » Loading Zynga's Stock Explodes After Report Says Microsoft's Xbox Boss Has Left To Possibly Be The New CEO Zynga's Stock Explodes After Report Says Microsoft's Xbox Boss Has Left To Possibly Be The New CEO

Stock up about 11% following the news.

AdvertisementGet Tech Emails & AlertsLearn More »IndustryAccountingAirlines/AviationAlternative Dispute ResolutionAlternative MedicineAnimationApparel & FashionArchitecture & PlanningArts and CraftsAutomotiveAviation & AerospaceBankingBiotechnologyBroadcast MediaBuilding MaterialsBusiness Supplies and EquipmentCapital MarketsChemicalsCivic & Social OrganizationCivil EngineeringCommercial Real EstateComputer & Network SecurityComputer GamesComputer HardwareComputer NetworkingComputer SoftwareConstructionConsumer ElectronicsConsumer GoodsConsumer ServicesCosmeticsDairyDefense & SpaceDesignEducation ManagementE-LearningElectrical/Electronic ManufacturingEntertainmentEnvironmental ServicesEvents ServicesExecutive OfficeFacilities ServicesFarmingFinancial ServicesFine ArtFisheryFood & BeveragesFood ProductionFund-RaisingFurnitureGambling & CasinosGlass, Ceramics & ConcreteGovernment AdministrationGovernment RelationsGraphic DesignHealth, Wellness and FitnessHigher EducationHospital & Health CareHospitalityHuman ResourcesImport and ExportIndividual & Family ServicesIndustrial AutomationInformation ServicesInformation Technology and ServicesInsuranceInternational AffairsInternational Trade and DevelopmentInternetInvestment BankingInvestment ManagementJudiciaryLaw EnforcementLaw PracticeLegal ServicesLegislative OfficeLeisure, Travel & TourismLibrariesLogistics and Supply ChainLuxury Goods & JewelryMachineryManagement ConsultingMaritimeMarketing and AdvertisingMarket ResearchMechanical or Industrial EngineeringMedia ProductionMedical DevicesMedical PracticeMental Health CareMilitaryMining & MetalsMotion Pictures and FilmMuseums and InstitutionsMusicNanotechnologyNewspapersNonprofit Organization ManagementOil & EnergyOnline MediaOutsourcing/OffshoringPackage/Freight DeliveryPackaging and ContainersPaper & Forest ProductsPerforming ArtsPharmaceuticalsPhilanthropyPhotographyPlasticsPolitical OrganizationPrimary/Secondary EducationPrintingProfessional Training & CoachingProgram DevelopmentPublic PolicyPublic Relations and CommunicationsPublic SafetyPublishingRailroad ManufactureRanchingReal EstateRecreational Facilities and ServicesReligious InstitutionsRenewables & EnvironmentResearchRestaurantsRetailSecurity and InvestigationsSemiconductorsShipbuildingSporting GoodsSportsStaffing and RecruitingSupermarketsTelecommunicationsTextilesThink TanksTobaccoTranslation and LocalizationTransportation/Trucking/RailroadUtilitiesVenture Capital & Private EquityVeterinaryWarehousingWholesaleWine and SpiritsWirelessWriting and EditingBusiness Insider SelectSAI SelectSAI Chart Of The Day10 Things In Tech You Need To KnowMobile InsightsBII Mobile InsightsSocial Media InsightsMoreFeaturedBusiness Insider SelectTechnologySAI SelectMobile InsightsScience SelectAdvertising SelectAdvertising: The BriefSocial Media InsightsFinanceFinancial Advisor InsightsClusterstock SelectMoney Game SelectYour Money SelectSmart InvestorMonday Scouting ReportLifestyleThe Wire SelectThe Life SelectSports Page SelectGetting There SelectManagementRetail SelectBreaking NewsWar Room SelectEnterprise SelectCareers SelectInstant MBAMarketing MondaysPolitics and MilitaryPolitics SelectMilitary SelectLaw & Order SelectTop 10 Things & ListsLists Select10 Things In Tech You Need To Know10 Things Before the Opening BellClosing BellCharts of the DaySAI Chart Of The DayMoney Game Chart Of The DaySports Page Chart Of The DayYour Money NASDAQ Composite 3,434 +31.24 (+0.918%) S&P 500 1,615 +8.68 (+0.54%) NYSE Composite 9,168 +55.18 (+0.606%) LinkedIn Login Hot: LinkedIn In your network

Why Local-Mobile Marketing Is Exploding

Nordstrom Is Taking Pinterest To The Next Level

The 50 Most Powerful People In Enterprise Tech

Login with LinkedIn to see what your friends are reading on Business Insider.
Login with LinkedIn

No articles have recently been shared in your network.

More »

Welcome, !You are logged into FacebookSocial: Your Activity|These articles have been shared on your timeline. You can remove them here:OptionsNotify me when a story is shared.YesNo Welcome, ! You are logged in with Google Social: Your Activity| These articles have been added to your Google activity log. You can remove them here: Options Notify me when a story is shared. Yes No Fun Facts

These Maps Prove Americans Speak Totally Different Versions Of The English Language8 Subliminal Messages In Corporate Logos You've Never Noticed BeforeHere's Why Dogs HowlTrendingThe Future Of Mobile

Why Local-Mobile Marketing Is ExplodingInside The Rise Of Responsive Design And Its Pros And Cons As A Mobile StrategyHow Amazon Is Trying To Create A Huge Mobile BusinessAdvertisementIn partnership with Find A JobTech JobsMedia JobsFinance JobsC-Level JobsDesign JobsSales JobsSee All JobsThanks to our partners * Copyright © 2013 Business Insider, Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Powered by MongoDB Stock quotes by YCharts Ad Serving by 24/7 Open AdStream Made in NYC

View the original article here