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Will Zynga Do An IPO?

May 30, 2011 by  
Filed under Around The Net

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The Wall Street Journal’s All Things Digital blog is reporting that Zynga is set to file for its initial public offering with the Securities and Exchange Commission as early as this week. This move is not entirely unexpected considering how well the recent IPOs of several Internet companies have done recently (e.g., LinkedIn and Russian search giant Yandex). Zynga’s strong performances show the huge investor appetite for fast-growing and high-profile Web 2.0 firms.
Its early titles, such as FarmVille and Mafia Wars, first vaunted the San Francisco-based company into consumer prominence, and it has recently struck a number of high-profile branding deals with Lady Gaga and the makers of the upcoming animated movie “Kung Fu Panda 2,” among others.

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Sony Hacked Again

May 29, 2011 by  
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More than 2000 users of Sony Ericsson’s Canadian Website are impacted by the latest hack attack to hit a battle worn Sony. Sony Ericsson is joint mobile phone venture between Sony and Ericsson. According to Sony hackers made off with e-mail addresses, passwords and phone numbers–but no credit card details. Sony has now shut down the affected site. Around 1000 of the stolen records from the Sony Canadian Website are already online, posted by Idahc, a “Lebanese grey-hat hacker”.

“Sony Ericsson’s Website in Canada, which advertises its products, has been hacked, affecting 2000 people,” a Sony spokesperson told AFP. “Their personal information was posted on a Website called The Hacker News. The information includes registered names, email addresses and encrypted passwords. But it does not include credit card information.”

“Sony Ericsson has disabled this e-commerce Website,” Sony detailed to IDG News. “We can confirm that this is a standalone website and it is not connected to Sony Ericsson servers.” For security, Sony has shut down the Canadian Sony Ericsson eShop page, which currently reads: “D’oh! The page you’re looking for has gone walkabout. Sorry.”

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