Wednesday, September 12, 2012

Zuckerburg Makes First Appearance since IPO


Facebook’s CEO Mark Zuckerburg made his first appearance since their highly anticipated but largely disappointing IPO in May. Zuckerburg started his interview by praising the success of recently purchased Instagram which now has over 100 Million users and is the second most popular app globally. He went on to discuss the failures of Facebook in the mobile realm saying the #1 issue Facebook faced in mobile was their focus on building out HTML5 and not focusing on native apps. Zuckerburg calmed Wall Street by mentioning Facebook’s efforts of building a new mobile app that will wow users. 

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