Gamers across China can reacquaint themselves with their basement couches, because they’ll finally be allowed to buy videogame consoles for the first time in over a decade.
Gaming the System
Obviously, regular old ebooks have arrived and they’re not going anywhere. Amazon now sells more Kindle books than print; ebook sales are the fastest-growing in the business. But now that readers have embraced the digital, here comes the next wave, says Wired: “enhanced ebooks,” which incorporate video and interactive elements. That’s all well and good, until someone starts throwing around the term “literary Farmville.” Read More
The big news yesterday was a piece in the Wall Street Journal which reported that Zynga was demanding stock back from early employees in the run up to their public offering. Employees were being threatened with termination for refusing to rescind their equity.
The WSJ story stated that Zynga executives said they didn’t want a “Google chef” situation, referring to a cook who joined the search engine early on and had $20 million in stock after the IPO. Zynga CEO Mark Pincus released a memo later in the day which found its way into the hands of Fortune’s Dan Primack, that gave credence to this: Read More