NEW YORK – Zynga shares tumbled this week after the online game company and Facebook disclosed that they changed their relationship status to become less attached to each other.
Zynga Inc. said in a regulatory filing Thursday that it will no longer have to display Facebook ads or use Facebook payments on its own properties – such as Zynga.com. Also, Zynga will not be required to use Facebook as the exclusive social site for its games, or to grant Facebook exclusive games.
Facebook Inc. will also be able to develop its own games after the end of March. Facebook said it has no plans to compete against Zynga.
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