Monetizing Mobile Challenge for Zynga, Sweeney Says

July 26 (Bloomberg) -- Paul Sweeney, a media analyst for Bloomberg Industries, talks about Zynga Inc.'s second-quarter revenue and profit reported yesterday, and the outlook for Facebook Inc., which reports its first quarterly results as a public company later today. Zynga is the biggest developer of games played on Facebook’s social network. Sweeney speaks with Tom Keene, Sara Eisen and Scarlet Fu on Bloomberg Television's "Surveillance." (Source: Bloomberg)
VW Faces Costly Fixes as it Seeks to Cut Spend
22:03 - Volkswagen AG Chief Executive Officer Matthias Mueller said the company will delay or cancel non-essential projects as pressure mounts to slash spending in the wake of the diesel-emissions scandal. Fixing about 11 million rigged diesel vehicles is a costly prospect. The 6.5 billion euros ($7.29 billion) Volkswagen already set aside for repairs won’t be enough to cover fines and potential legal damages as well, Mueller said. The company is exploring options from a simple software upgrade to outright replacing some cars. Fines may reach $7.4 billion in the U.S. alone, according to analysts from Sanford C. Bernstein Ltd.
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