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Electronic Arts Inc. (Nasdaq: EA) announced plans today to expand its global customer service center in Galway, Ireland, by hiring 300 more employees in the coming months. The expansion that almost doubles the size of its European customer support center will be done with the support of the Irish go...
Square, the new rising star of Silicon Valley founded and lead by Twitter co-founder Jack Dorsey, closed a $200 million fundraising round on Monday that now places the start-up's value at $3.25 billion.
The privately-held Finnish game developer Rovio Entertainment has secured a comfortable spot for itself on top of the freemium food chain with its legendary line of "Angry Birds" mobile apps, a series of mobile games that's been downloaded over 1 billion times and attracted merchandizing spin-offs as diverse gummy candy and real-life theme parks.
GREE (TYO:3632), Japan's $4.7 billion online media giant and regional rival to U.S.-based internet companies like Facebook Inc. (Nasdaq: FB) and Zynga Inc. (Nasdaq: ZNGA) stepped further into America soil on Monday with another developer acquisition, this time of California-based mobile game developer App Ant Studios.
![Freemium Rush: Free-To-Play Gaming Now Makes Up More Than Half Of European Market, But Packaged Video Games Still Drive Eurozone Revenue [REPORT]](http://img.ibtimes.com/www/data/images/small/2012/09/17/305468-tk.jpg)
Freemium video games like "FarmVille 2" and "Angry Birds," the cheap and easily accessible counterpart to premium boxed copies of "Skyrim" or "Call of Duty" that run players upwards of $50 or $60 a sale, now make up more than half of the total market for video games in Europe, a new study shows.
Tensions between Zynga Inc. (Nasdaq: ZNGA) and Electronic Arts Inc. (Nasdaq: EA) exploded all over again Friday as Zynga mustered an aggressive rejoinder to the copyright-infringement lawsuit filed against it by EA last month.
Occupy Wall Street activists are planning to return in force to New York City's Financial District, hoping to recapture momentum.
As traditional video games companies like Electronic Arts and Activision Vision struggle to find their way in the free-to-play Internet-based gaming environment, "freemium" companies like Zynga and Kixeye continue to seek the new Holy Grail: monetizing online games.
After seeing the unprecedented success of a title like "Fifty Shades of Grey," casual readers and publishing industry analysts alike were led to wonder what the future of digital publishing held for the book industry as Amazon Inc. (Nasdaq: AMZN) continues to edge out traditional publishing houses and retailers alike with its aggressive competitive pricing scheme.
Troubled Zynga confirmed that it has hired a former online gambling executive to lead its real-money gambling venture.
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