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Friday, February 17, 2012

 

Zynga is in talks to partner with other portals in a bid to wean itself off the Facebookteat.

The company is the largest game developer on Facebook and raised $1 billion last year in an initial public offering of its stock. But investor enthusiasm has been lackluster since then, in large part because the company, which credits 90% of its sales to Facebook, is seen as being too dependent on social networking giant. Facebook takes a 30% cut of virtual wares sold in Zynga games.

 

View full post on ReadWriteWeb

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