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The company has also slashed jobs and cut back on outside contractors in an effort to reduce costs.

Those cuts helped the company post better-than-expected third-quarter results, but unless Mattrick can position Zynga for success in mobile, he's going to have problems gaining traction.

Under its new management, My Space has tried to reinvent itself as a social music service.

It relaunched the website earlier this year and undertook a $20 million advertising campaign.

As he continues to lose control over Sears, pressure will mount on Lampert to either take the venerable retailer private or sell it to someone else. The company has seen its market capitalization shrink by 98 percent.

Radio Shack Ever since he became CEO earlier this year, Joe Magnacca has vowed to "transform" the business. Radio Shack has been struggling to keep pace with technology and stave off fiscal oblivion for years. It now has a value of $270.4 million, which is tiny for a national retail chain.

It was acquired in 2011 by a group of investors including Panasonic and singer/actor Justin Timberlake.

The investors acquired the site from Rupert Murdoch's News Corp., now 21st Century Fox, for million. had famously bought the company six years earlier, for 0 million.

Sears' struggles are taking a bite out of Lampert's fortune.

He was forced to reduce his stake in Sears to under 50 percent because of redemptions from hedge fund clients.

The company's executive offices have seen a revolving cast of managers, but none have managed to get profits blooming.

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