Virtual Items | featured news

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Virtual Items Topics

Online game maker Zynga prices IPO at $10 a share

Zynga IPO

Zynga is poised to harvest some cold hard cash in its initial public offering. Who knew that selling virtual cows and digital corn on Facebook would create a $7 billion company?

Senh: I have to say, I'm impressed. I didn't think anyone would pay for virtual items, but Zynga made that happen. $7B is not bad for a company that just makes Facebook apps.

 

Target stores to sell Facebook gift cards

Social networking website Facebook is dipping into the brick-and-mortar world by selling gift cards at retailer Target that can be used toward purchasing virtual products for games hosted on the site.

Senh: What a waste of money. I still don't understand why anyone would pay for virtual items. I don't think they'll do too well.

 

New Record for Most Expensive Virtual Item Sold

A record has been set for the most expensive virtual item..

 

Augmented Wikipedia Reality Has Arrived on the iPhone

A month ago, we covered Wikitude, an augmented reality app for Google Android. Augmented reality takes virtual data, places it on your phone, and allows you to interact with it using your compass, camera, and GPS. The end result is the ability to see virtual items and information in the real world.

 

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