Slide has created games such as "SuperPoke! Pets," "SuperPocus Academy of Magic" and "Top Fish" for Facebook and MySpace. According to the Google blog post, Levchin and other Slide employees will be joining Google. "This is a at bottom far-out date for me and my team," Levchin wrote in a sign on Slide's website, "but this also marks an electrifying growth for the sociable Web." According to its website, Slide was founded in 2005 and has 125 employees in San Francisco, Shanghai and Bandung, Indonesia. According to TechCrunch, it had raised $78 million from investors including Levchin, Khosla Ventures and The Founders Fund. Google extraction closed Friday at $500.22, down $7.88, or 1.6 percent.
Zynga buys Tokyo developer San Francisco social-games nobody a Tokyo followers that will expand games for Zynga's cooperative wager in Japan with wireless haulier SoftBank. Last week, Zynga said it won a $150 million investment from SoftBank, which holds stakes in numerous Internet companies. Zynga and SoftBank also said they would line-up up to parcel out games in Japan. In a account today announcing the acquisition, Zynga be wrecked and CEO Mark Pincus described Unoh, founded in 2001, as "one of the set off Japanese public contest developers.
" "They have a great line narrate of producing innovative, prosperous games and are a bring quota to the top-notch set we have already begun to convoke in Japan," Pincus said. Financial terms weren't disclosed, but VentureBeat reported the deal was good about $30 million. The conciseness This is worrisome: The U.S. in July, the U.S. Labor Department reported today.
The unemployment rate, though, was unchanged at 9.5 percent. Economists said the come in shows the nation's pick-up from the Great Recession is losing strength. "There is still a labor deal in recovery, but it's a very, very chicken one," Nigel Gault, IHS Global Insight's leader U.S. economist, told The Associated Press.
The publish sent stocks firmly crop this morning, although the pre-eminent indexes recovered less later in the day. Silicon Valley tech stocks Up: Oracle, Gilead Sciences, eBay, Yahoo. Down: Apple, Google, Cisco Systems, Intel, HP, VMware. The tech-heavy Nasdaq composite index: Down 4.59, or 0.2 percent, to 2,288.47. The chap-fallen splinter Dow Jones industrial average: Down 21.42, or 0.2 percent, to 10,653.56. And the extremely watched Standard & Poor's 500 index: Down 4.17, or 0.4 percent, to 1,121.64. Check in weekday afternoons for the 60-Second Business Break, a condensation of scoop from Mercury News rod writers, The Associated Press, Bloomberg News and other wire services. Contact Frank Russell at 408-920-5876. Follow him at.
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