King, the U.K.-based company behind Candy Crush Saga and other social games, has quietly filed with the Securities and Exchange Commission for an initial public offering in the U.S., Katherine Rushton writes. Meanwhile, Nicholas Lovell of the Gamesbrief website assessed the appeal of Candy Crush Saga, a free-to-play title that entices gamers to pay for certain features. "You don't have to be free. You can start with a big brand, you can spend bucket loads of money, but being free is the lowest-friction way of finding an audience," he said.
The International Monetary Fund has warned the U.S. several times in recent months of the enormous negative effect that a failure to raise the debt ceiling would have on the world economy. "The economic costs would be potentially catastrophic depending on how long the impasse lasts; spillovers to the rest of the world would be severe," according to a July report from the IMF.
Online exchanges for health insurance under the Patient Protection and Affordable Care Act will not be ready Tuesday for small businesses. There are other glitches as well, sources say. Exchanges are miscalculating subsidies available to low-income people, and a Spanish-language version will not be available immediately.
At the heart of any finance-function transformation is an alignment with the organization's strategic direction during the next five to 10 years, writes Frank Friedman, CFO and managing partner of finance and administration at Deloitte. From there, other steps are necessary, such as building the right team, winning over corporate naysayers and keeping an eye on the end goal.
King.com's Candy Crush Saga is in first place on Facebook, with the most AppData-monitored daily and monthly users, Ingrid Lunden writes. Now the company is migrating Candy Crush Saga and Bubble Witch Saga to Japan and South Korea. The secret to King.com's success is creating games with multiple levels that can be continued across device platforms seamlessly, Lunden writes.