Facebook amended its S-1 registration with the SEC late Wednesday to include exhibits detailing its relationship with
Zynga, but maintained the $5 billion proposed value of its IPO. The exhibits included a developer agreement between Facebook and Zynga, which makes the popular Farmville game for the social networking site. The agreement includes quarterly targets for increasing monthly unique users, although Facebook [S: FB] sought confidentiality protection for the specific numbers. In the developer agreement included in the revised filing, Facebook acknowledges it "desires to enable Zynga to build the Zynga Platform on top of the Facebook Platform." In 2011, Zynga accounted for approximately 12% of Facebook's revenue. Facebook filed plans for its widely anticipated IPO last week. Shares of Zynga fell 1% after hours.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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