Zynga

The astonishing rise of the Draw Something app on smartphones and Facebook has drawn the attention of Zynga, which is reportedly in talks to buy the game's creator.

OMGPOP's Pictionary-inspired social drawing title Draw Something is now the most played game on Facebook.

Social gaming giant Zynga has announced the launch of its own portal, which will play host to Farmville, Words With Friends and the company's other top titles.

Nintendo has spoken out about social gaming, claiming that many companies providing games for social networks are simply 'doing the same thing over and over again'.

Angry Birds developer Rovio turned down a monumental acquisition bid of £1.44 billion this summer, according to a report in the New York Times

Spotify has been valued at around $1 billion according to a number of venture capitalist sources, with a major new round of investment on the way to the Swedish music streaming service.

Facebook gaming developers Zynga – they of FarmVille fame – are heading to the city next year with a new game called CityVille.

Google has acquired social gaming company Slide for a reported $228 million.

Google has quietly invested over $100 million in Farmville developer Zynga, igniting rumours that the company could soon be launching Google Games.

WWDC Those of you that love to tell your friends that you've managed to do something to a sheep via the magic of Farmville will be thrilled to learn you can now do the same from your iPhone.