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Turkey’s inflation ticks up to 62%

Turkey's annual inflation rate ticked up slightly in November, the state statistics agency said on Monday, showing further signs of levelling off following a series of sharp interest rate hikes. The rate moved to 61.98 percent last month from 61.36 percent in October,...

Turkey’s opposition fractures ahead of March polls

By Dmitry Zaks: Turkey's main opposition party lost a crucial ally Monday in its bid to form a united front against President Recep Tayyip Erdogan's ruling coalition in high-stakes March municipal polls. The secular opposition joined forces in landmark 2019 elections...

Turkey welcomes Palestinian cancer patients after they entered Egypt

More than two dozen Palestinian cancer patients, who had crossed from Gaza into Egypt, arrived in Turkey for treatment in the early hours of Thursday, Turkey's Anadolu agency reported. Two planes carrying the patients, many of them children, landed at Ankara airport...

Turkey: Istanbul’s popular opposition mayor faces fresh trial

By Dmitry Zaks: Istanbul's popular opposition mayor went on trial Thursday on fresh corruption charges that could further cloud his hopes of succeeding President Recep Tayyip Erdogan. Ekrem Imamoglu has turned into one of Erdogan's most outspoken and openly ambitious...

Social gamer Zynga to buy Turkish rival

Posted On 3 June 2020

San Francisco, June 1, 2020 – Social gaming giant Zynga said Monday it had struck a deal to acquire Turkish-based rival Peak, maker of the popular Toon Blast and Toy Blast games, for $1.8 billion. The deal gives Zynga two of the most popular mobile games for iPhone users as well as a pipeline for new games in development, the companies said.

Zynga will acquire the 100-person Peak team, a company founded in 2010 by Sidar Sahin and known for popularizing the “collapse” feature in puzzle games. By scooping up Toon Blast and Toy Blast which have a combined 12 million average daily users, Zynga will boost its mobile games presence by some 60 percent. “We are honored to welcome Sidar and team to Zynga. Peak is one of the world’s best puzzle game makers and we could not be more excited to add such creative and passionate talent to our company,” said Zynga chief executive Frank Gibeau.

“With the addition of Toon Blast and Toy Blast, we are expanding our live services portfolio to eight forever franchises, meaningfully increasing our global audience base and adding to our exciting new game pipeline. As a combined team, we are well positioned to grow faster together.” Zynga, which was founded in 2007, was known for games such as FarmVille and Words With Friends and initially was in partnership with Facebook for games on the social network. The two firms ended an exclusive deal for the games on Facebook in 2012.

AFP

More from Turkey

Turkey’s inflation ticks up to 62%

Turkey's annual inflation rate ticked up slightly in November, the state statistics agency said on Monday, showing further signs of levelling off following a series of sharp interest rate hikes. The rate moved to 61.98 percent last month from 61.36 percent in October,...

Turkey’s opposition fractures ahead of March polls

By Dmitry Zaks: Turkey's main opposition party lost a crucial ally Monday in its bid to form a united front against President Recep Tayyip Erdogan's ruling coalition in high-stakes March municipal polls. The secular opposition joined forces in landmark 2019 elections...

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