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Submitted by Agent_hitman 529d ago | news

Looking for a comeback, Zynga embraces austerity and FarmVille

SAN FRANCISCO (Reuters) - In the past twelve months, Zynga Inc has struggled with a contracting player base, a deflated stock price and waves of layoffs. Now it is coming to terms with downsized ambitions.

As Chief Executive Mark Pincus, 47, leads the online games developer he founded in 2007 through perhaps the most crucial year of his tenure, he is pushing to restore revenues by doubling down on "FarmVille," the franchise that took Facebook users by storm four years ago and launched Zynga to stardom. (Android, Casual games, iPad, iPhone, Mobile, PC, Tech)

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