Today in Tech: Is morale plummeting at Zynga?

August 10, 2012: 12:45 PM ET

Why more companies want to digitize your wallet; IBM eyeing RIM's enterprise services?

DowninthedumpsVille: Morale sinking at Zynga along with stock drop [ALLTHINGSD]

Now it appears that the long hours and taxing work environment are causing the inevitable — some are deciding to leave, especially as shares trade 70 percent lower than the company's public offering. Several sources at other companies say they've started seeing a "flood of resumes" in recent weeks from Zynga developers looking for jobs or trying to raise capital.

The campaign to digitize your wallet is intensifying [THE NEW YORK TIMES]

This week, Starbucks joined forces with Square, a technology start-up that lets you pay for things with a smartphone. Coming from a company whose cafes seem to be on every corner, that's a powerful endorsement. Does that mean your phone will soon replace your wallet? That's hardly certain, because any company offering mobile payments faces a big challenge: convincing people that paying with a phone is safer and more convenient than using cash or a credit card.

RIM said to draw interest from IBM on enterprise services [BLOOMBERG]

IBM made an informal approach about possibly acquiring the division, which operates a network of secure servers used to support RIM's BlackBerry devices, said one of the people, who asked not to be named because the matter is private. The business may be valued at $1.5 billion to $2.5 billion depending on the mix of assets included, according to Berenberg Bank.

Google to pay record $22.5 million fine to FTC over Safari tracking [THE GUARDIAN]

Google is to pay a record $22.5m (£14.4m) fine to the Federal Trade Commission (FTC) in the US after it tracked users of Apple's iPhone,iPad and Mac computers by circumventing privacy protections on the Safari web browser for several months at the end of 2011 and into 2012. The fine is the largest paid by one company to the FTC, which imposed a 20-year privacy order on Google in March 2010 after concerns about the launch of its ill-fated Buzz social network.

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About This Author
JP Mangalindan
JP Mangalindan
Writer, Fortune

JP Mangalindan is a San Francisco-based writer at Fortune, covering Silicon Valley. Since joining in 2010, he has written on a wide array of topics, from the turnaround of eBay to the evolution of net neutrality. A graduate of Fordham University, Mangalindan has also written for GQ, Popular Science, and Entertainment Weekly.

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