Freshly Minted

People Are Finally Getting Sick of Candy Crush, King Digital’s Stock Price Starts Plummeting

Tommy Palm, the public face of Candy Crush and King Digital. (Photo via GDC 2013)

Welcome to Freshly Minted, where we examine an overlooked deal or funding announcement in tech from the past week and tell you what you need to know and why it matters.

The deal(ish): King Digital’s quarterly report shows the people are losing interest in Candy Crush, and stock prices fell 23 percent.

Investors are trend-chasers, and in tech, those trends move particularly quickly. But when it comes being a slave to fast-moving fads, gaming companies put the rest of the tech business to shame. Read More

Keeping Up With the Kardashians

This Site Shows How Much Kim Kardashian Is Raking in From Her iPhone Game in Real Time

(Image via Google Play)

Kim Kardashian’s app has been exploding in popularity — it’s finally reached number one spot for free apps at the Apple App Store, and is slowly making its way to the top of the highest-grossing charts as well. Meanwhile, the hype has caused game developer Glu Mobile’s stock prices to soar. But what about Kim’s cut of the profits?

Now there’s a site that tell you what Ms. Kardashian’s estimated royalties from the app will be. Aptly named KardashianCash.com, it was launched silently last night by Texas-based analyst firm PTT Research. Read More

Freshly Minted

Freshly Minted: Kim Kardashian’s App Might Not Live Up to Stock Hype

Some traders have already begun shorting the stock, ie: making bets that the price of Glu shares will plummet. Their expression is pictured above. (via Imgur)

Welcome to Freshly Minted, where we examine an overlooked deal or funding announcement in tech from the past week and tell you what you need to know and why it matters.

The deal(ish): The hype around the new Kim Kardashian game is causing sudden spike stock price for the game developer, setting stockholders up for a nasty surprise.

We’re not in a tech bubble. We’re just not, and anybody with a decent understanding of market economics can see it pretty clearly. But that doesn’t mean that hype can’t get the best of the market, and set investors up for some pretty public disasters.

The latest impending disaster waiting to happen starts with, of all people, Kim Kardashian. Read More

game over

We Did It, America: Kim Kardashian’s App Might Pull in $200 Million

Just hanging out with Kim. (Photo via Kim Kardashian: Hollywood)

When we first broke the news that reality empress Kim Kardashian was working on a mobile game, we knew it would be popular — just not this popular.

Kim Kardashian: Hollywood (guess her native Calabasas doesn’t have as nice a ring to it) is now the second most-downloaded free-to-play game on the U.S. App Store, Bloomberg reports. And it’s on track to pull in $200 million in revenue in its first year. Read More