Category Archives: social gaming

Facebook to Make Credits Mandatory for All Onsite Gaming

Facebook‘s virtual currency, Facebook Credits, will become the official coin of the realm beginning July 1, 2011. On that day, all social game developers on the Facebook platform will be required to process payments through Facebook Credits. Currently, Facebook Credits is accepted as payment in around 350 apps from 150 developers, including 22 of the […] Continue reading

Posted in casual gaming, credits, facebook, facebook credits, Games, News, social games, social gaming, social media, Web Apps | Tagged , , , , , , , , , | Comments Off on Facebook to Make Credits Mandatory for All Onsite Gaming

Kabam Raises $30 Million to Build “Hardcore” Social Games

Social game developer Kabam has raised a whopping $30 million round of funding from Redpoint Ventures, Intel Capital and Canaan Partners in order to create multiplayer social games focused on hardcore gamers. Kabam CEO Kevin Chou, a former associate at Canaan Partners, says that the fresh round of funding will be used to fuel new […] Continue reading

Posted in business, Canaan Partners, Channels, funding, gaming, Intel Capital, Kabam, News, playfish, Redpoint Ventures, social games, social gaming, Top Stories, world of warcraft, Zynga | Tagged , , , , , , , , , | Comments Off on Kabam Raises $30 Million to Build “Hardcore” Social Games