Shares of Microsoft Corporation (NASDAQ:MSFT) ended Thursday session in green amid volatile trading. The shares closed up +0.13 points or 0.23% at $57.59 with 26.08 million shares getting traded. Post opening the session at $57.01, the shares hit an intraday low of $57.01 and an intraday high of $57.82 and the price vacillated in this range throughout the day. The company has a market cap of $445.44 billion and the numbers of outstanding shares have been calculated to be 7.79 billion shares.
On Aug. 23, 2016 Microsoft Corporation (MSFT) and Lenovo announced on Friday a deepening of their strategic relationship. Lenovo will load Microsoft’s productivity apps – including Microsoft Office, OneDrive and Skype – on select Lenovo devices that use the Android™ operating system. Lenovo expects to ship millions of these Android-based devices worldwide over the next several years. This expanded collaboration between Microsoft and Lenovo also includes a patent cross-licensing agreement that covers Lenovo and Motorola devices.
“Microsoft’s thrilled that our productivity apps will be pre-installed on Lenovo’s premium devices,” said Nick Parker, corporate vice president OEM Division, Microsoft. “The marriage of Microsoft’s apps and Lenovo’s Android-based devices will enable customers around the world to be more productive, more connected and achieve even more.”
“Our collaboration with Microsoft will create new opportunities for our customers to take advantage of some of Microsoft’s most popular apps,” said Christian Eigen, Leader of Corporate Alliances, Lenovo. “Installing Microsoft apps and services on our devices will bring additional value to consumers around the globe.”
Shares of Zynga Inc (NASDAQ:ZNGA) ended Thursday session in red amid volatile trading. The shares closed down -0.05 points or -1.83% at $2.68 with 7.89 million shares getting traded. Post opening the session at $2.75, the shares hit an intraday low of $2.67 and an intraday high of $2.75 and the price vacillated in this range throughout the day. The company has a market cap of $2.34 billion and the numbers of outstanding shares have been calculated to be 764.83 million shares.
Zynga Inc (ZNGA) on Aug. 04, 2016 announced that it has appointed Matt Bromberg as Chief Operating Officer. He will report directly to Chief Executive Officer Frank Gibeau. Bromberg will oversee Zynga’s Business Operations and Strategy, Technology, IT, Data Science, Visual Design and Global Player Experience teams, as well as the Company’s Bangalore, India-based game studio.
“Matt is an experienced and proven leader who has worked with some of gaming’s highest quality studios and biggest franchises,” said Gibeau. “He will help us build a world-class studio that brings Zynga’s social gaming vision to life in our products for our players.”
“Zynga pioneered the social gaming space, and since its founding has truly connected the world through games like Words With Friends, FarmVille and the newly launched CSR Racing 2,” said Matt Bromberg. “I’m excited to work with Frank and the team at Zynga to reimagine how it brings games to market and engages players across the globe.”
Bromberg, 49, brings to Zynga deep operating experience in games, digital media and online platforms. He was most recently Senior Vice President of Strategy and Operations for mobile gaming at Electronic Arts, Inc., where he was responsible for technology, production, live services, strategic planning and business operations. Before that, he was Group General Manager of EA’s Bioware studios worldwide, leading a team that built hit video gaming franchises such as Star Wars, Dragon Age, Mass Effect and Command & Conquer. Bromberg joined EA as the General Manager of EA’s Bioware Studio in Austin, Texas, where he led the successful turnaround of Star Wars: The Old Republic, including its transition to free-to-play gaming.