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Mobile Operating System News Byte: Zynga Won't Pursue Real-Money Gaming License In The U.S.; Shares Drop 13% In After-Hours

Wochit 1:15 mins

Zynga is giving up what many investors had hoped might be its trump card: a real-money gaming business in the U.S. The company, which has been testing out real-money casino games in the U.K. said it won't be pursuing a U.S. license after all in its second quarter earnings report. Google finally took the wraps off of its much rumored next-generation Nexus 7 tablet. But analysts suggest that Nexus 7 sales will miss sales estimates by a potentially wide margin, and the real star of the show where Google devices are concerned is the upcoming Moto X smartphone. As expected, Google announced the newest version of its Android mobile operating system and it looks like a big focus of the latest upgrade is improving smartphones' and tablets' graphics capabilities. Android 4.3, which Google announced during its "breakfast" press conference, is shipping on the company's newest Nexus 7 tablet. The new OS is adding support for low-power Bluetooth devices such as healthy sensors that can display data on your smartphone or tablet.

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