Snap surges after IPO banks give flurry of 'buy' ratings
Shares of Snap Inc jumped over 5 percent on Monday after several of the Snapchat owner's IPO underwriters handed it badly-needed "buy" ratings.
SAN FRANCISCO Zynga Inc has appointed Regina Dugan, a vice president of engineering at Google, to its board, the online gaming company said on Wednesday.
Dugan, 51, also leads the advanced technology and projects group at Google that works on new inventions like a tablet that uses 3D motion and depth sensing capabilities.
In a blog post, Zynga Chief Executive Officer Don Mattrick said that Dugan's expertise would help Zynga offer "next generation entertainment experiences that span categories, platforms and devices."
Zynga, known for its "FarmVille" game, has set in motion a business revival plan by overhauling top management, trimming staff and introducing titles that can be played on smartphones and tablets.
Dugan becomes the second female director on Zynga's board alongside former Yahoo executive Ellen Siminoff. The board has a total of nine directors.
The announcement comes after two of its nine board of directors, LinkedIn co-founder Reid Hoffman and DreamWorks Animation CEO Jeffrey Katzenberg, stepped down in June.
Dugan, a former director of the U.S. Defense Department's Advanced Research Projects Agency, also sits on the board of medical device maker Varian Medical Systems.
Dugan will chair the nominating and governance committee of Zynga's board and join the product committee, the company said.
(Editing by Bernard Orr)
TOKYO Toshiba Corp wants its U.S nuclear unit to file for Chapter 11 protection from creditors as early as Tuesday, according to a source with direct knowledge of the matter, seeking a quick ringfencing of losses before the Japanese parent's financial year ends.