Facebook’s Seattle site leader leaves company

By Bill Rigby SEATTLE (Reuters) – The leader of Facebook Inc's fast-growing Seattle office left the company last month, a spokeswoman for the online social network told Reuters on Wednesday, a crucial personnel change at Facebook's largest engineering office outside of its Silicon Valley headquarters. Engineering manager Paul Carduner, who took over leadership of the Seattle office about six months ago, was in charge of more than 600 people.

Read more

Zynga reports higher-than-expected bookings, to cut jobs

By Devika Krishna Kumar (Reuters) – “Farmville” creator Zynga Inc reported higher-than-expected bookings as titles such as “Words With Friends” attracted more gamers, and the company announced the elimination of another 364 jobs as it tries to turn around its business.

Read more

TripAdvisor revenue up 29.2 percent on higher click-based advertising

(Reuters) – Travel review website operator TripAdvisor Inc reported a 29.2 percent rise in quarterly revenue as it earned more from click-based advertising and display ads. Shares of the company, which owns websites such as tripadvisor.com and oyster.com, rose about 5.8 percent to $81.30 in extended trading on Wednesday. Revenue from click-based advertising rose 20 percent to $249 million in the first quarter ended March 31 from a year earlier and accounted for 69 percent of total revenue, the company said

Read more