A child protection scandal and failure to innovate have left Habbo Hotel — once one of the most popular virtual worlds — reeling. Now with the departure of CEO Paul LaFontaine, it’s feeling increasingly like the Finnish company faces a do or die moment.
Finnish kids’ virtual world Habbo is being pushed to the brink, after accusations that the site had become a haven for pedophiles led to a second investor pulling out of the business, and British retailers dropping the company’s products.
New Yahoo (NSDQ: YHOO) CEO Scott Thompson’s upcoming turnaround may centre on mining Yahoo’s green plains for different prospects, including…
A new patent troll last week fired a shot at Facebook, Zynga and others with a lawsuit that claims rights to in-game payments — the process…
Sulake, the Finnish company which operates the Habbo Hotel teen virtual world, is swapping its CEO.
Members of the teen girl dress-up website Stardoll will find their online input going to create a range of books for a second time.
Disney (NYSE: DIS) CEO Bob Iger used the corporately correct equivalent of ‘take the needle out of your arm’ when an analyst on today’s earn…
Next month’s Paramount Pictures/Nickelodeon Movies animated film Rango will be the first to get released day and date with its own companion…
With the still rising popularity of social media games like Zynga’s Farmville and Mafia Wars, advertising is naturally beginning to follow.…
More management upheaval at Second Life-parent Linden Lab: Founder Philip Rosedale, who took over as interim CEO after Mark Kingdon stepped…
