Facebook CEO Mark Zuckerberg said the social network is focused on supporting Instagram’s growth, following the close of a roughly $750 million deal to buy the photo-sharing app. Instagram is the most unusual acquisition in Facebook’s history, considering the huge sticker price, the startup’s small team, and a pledge to stay hands-off with the service. Most of Facebook’s other deals have been… → Read More
This afternoon at the TechCrunch Disrupt conference in San Francisco, Facebook chairman and CEO Mark Zuckerberg sat down with TechCrunch founder Michael Arrington for his first interview since the company’s closely watched (and much criticized) initial public offering — and needless to say, it was a pretty big deal. Nearly everything he said was headline-worthy in one way or another.
And… → Read More
In a riveting conversation today at TechCrunch Disrupt, Zuckerberg underscored and underscored and underscored again the importance of mobile for Facebook. He gave a telling and sort of chilling anecdote, for those of us who know how difficult it is to monetize mobile: “Want to know something sort of funny?” he told TechCrunch founder Michael Arrington, “You know the Founder’s Letter in the S-1… → Read More
Mark Zuckerberg, the CEO of Facebook, closed off his interview with Mike Arrington today at TC Disrupt SF with a very modest assessment of himself and what Facebook (reminder: world’s biggest social network; pushing 1 billion users) is doing, and in some way, offered an explanation for the company’s hammered stock price, down by half since its IPO in May.
“I would rather be underestimated,” he… → Read More
On stage at TechCrunch Disrupt in San Francisco, Mark Zuckerberg named a few products that he is impressed by. In particular, Spotify, Airbnb, Nike+ and Runkeeper caught the attention of Facebook co-founder and CEO.
The first company he named was Spotify. He was straight to the point by stating that “Spotify is killing it right now.” → Read More
Facebook founder and CEO Mark Zuckerberg’s talk with TechCrunch founder Michael Arrington drove up Facebook stock 4.58% in after-hours trading today.
The stock closed at $19.43 today but rose to $20.32, up 4.58% (at the time of publication) in after hours trading, by the time Zuckerberg left the stage. → Read More
“I’ve been bugging you about Facebook phone for months,” said Michael Arrington in Mark Zuckerberg’s first interview since the Facebook IPO. “You say there’s nothing, but I don’t believe you.”
But Zuck hasn’t budged at all. “That’s always been the wrong strategy for us,” he explained. “It’s a juicy thing to say we’re building a phone, which is why people want to write about it. But it’s so… → Read More
On stage at TechCrunch Disrupt in San Francisco, Mark Zuckerberg, Facebook co-founder and CEO, says that he still codes sometimes for fun. But there is a rule at Facebook, he says: “if you are checking in code, you have to maintain your code.”
When asked if he still codes, he answered, jokingly: “Everything I do breaks, but we fix things quickly.” More seriously, Zuckerberg doesn’t want to… → Read More
Mark Zuckerberg is on stage at Disrupt talking about the potential for Facebook to get serious about creating a search engine, saying “we’re basically doing 1 billion queries a day and we’re not even trying.” He followed up noting “Facebook is pretty uniquely positioned to answer the questions people have. At some point we’ll do it. We have a team working on it.” → Read More
In CEO Mark Zuckerberg’s first public appearance since Facebook’s IPO on May 18 — with the stock losing roughly half its value, employees selling options, and many questions about the company’s core business model and whether it will be able to leverage its social graph as an advertising vehicle — he made a big push to position the company as a magnet for more talent.
“I think it’s a good… → Read More
Today, Mark Zuckerberg revealed that Facebook’s mobile strategy relied too much on HTML5, rather than native applications.
Not only was this a big mistake with mobile, but Zuckerberg says that its biggest mistake period was the focus on HTML5. This is the first time that the Facebook CEO has openly admitted this, but things are looking good for the new iOS native app. According to Zuckerberg… → Read More
Facebook CEO Mark Zuckerberg and TechCrunch founder Michael Arrington dived right into the most glaring and obvious question of the day following the company’s May IPO.
How does Zuckerberg feel about the IPO given that the company’s share price has fallen by nearly half in four months? Facebook shares trade at $19.43, down from the $38 price they debuted at in May.
“Well, the performance of… → Read More
In his first post-IPO public appearance, Facebook CEO Mark Zuckerberg addressed a packed house at the TechCrunch Disrupt SF conference where he was interviewed by TechCrunch founder Michael Arrington. The interview touched on the post-IPO stock drop, but first Zuckerberg talked about the advantages of the mobile platform – referencing one of the most critical concerns being lobbied at the social… → Read More
The talk that everyone has been waiting for at TechCrunch Disrupt is happening, and Facebook’s CEO Mark Zuckerberg is on stage with Michael Arrington.
The two are talking about everything that Facebook has been up to over the past year, which includes going public. → Read More
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