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Technology helps, and imperils, citizen journalists in Syria
Reuters correspondent Anthony De Rosa talks with two citizen journalists who escaped Syria only days after war correspondent Marie Colvin was killed. William Gagan and Geoff Shivley share how the technology that allowed them to live stream their escape over the Turkish border also put their lives at extreme risk. Video
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Zynga planning secondary offering: report
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Zynga seeks own game space away from Facebook
Thu, Mar 1 2012
Tue Mar 13, 2012 4:39pm EDT
(Reuters) - Zynga Inc, the video game company that went public in December, is planning to sell additional shares in a secondary public offering, Bloomberg reported on Tuesday.
The newswire, citing two sources, said the offering would let investors sell shares, and large stockholders may also agree to a longer "lock-up" period. A "lock-up" period during an IPO means that certain investors with a large number of shares are usually not able to sell their stock until a pre-arranged date.
One source told Bloomberg that Zynga wants to avoid what happened with LinkedIn Corp, whose shares fell following the end of its lock-up period last fall.
A Zynga spokesman declined to comment on Tuesday. Zynga shares fell 2.8 percent to close at $13.38 on the Nasdaq.
(Reporting By Liana B. Baker; Editing by Gary Hill)
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