Zynga keeps chipping away at its turnaround under Frank Gibeau

Zynga has had a long march over the past five years as it has tried to recapture a position in mobile games that mirrors what it once had in Facebook social games. As Facebook desktop games have declined, the company has launched new games in its CSR, FarmVille, and social casino slots franchises on mobile.

And under new CEO Frank Gibeau, Zynga is making progress, based on an earnings report yesterday. It has remade its management team and launched new versions of its big franchises, such as FarmVille: Tropic Escape. To show confidence in the turnaround, Zynga pledged to buy $200 million in stock back from investors over the next couple of years.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.