What I am reading:
RockYou, one of the largest developers of social games and applications, this morning announced that it has inked a long-term deal with Facebook. Under the terms of the agreement, RockYou will be making Facebook Credits the exclusive virtual currency in its games and apps for the next five years.
As is standard for developers on Facebook, RockYou will receive 70 percent of the revenue from Facebook Credits, while Facebook keeps the remaining 30 percent.
View full post on TechCrunch
